Chile: Plastic Supports Market 2025

Plastic Supports Market Size in Chile

In 2022, the Chilean plastic supports market increased by 2.4% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Plastic Supports Production in Chile

In value terms, plastic supports production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 15% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Plastic Supports Exports

Exports from Chile

In 2022, after two years of growth, there was significant decline in overseas shipments of spools, cops, bobbins and similar supports of plastics, when their volume decreased by -34.3% to X tons. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 353% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then contracted markedly in the following year.

In value terms, plastic supports exports dropped significantly to $X in 2022. Overall, exports, however, showed a temperate expansion. The pace of growth appeared the most rapid in 2015 with an increase of 191% against the previous year. The exports peaked at $X in 2021, and then declined rapidly in the following year.

Exports by Country

Argentina (X tons) was the main destination for plastic supports exports from Chile, with a 64% share of total exports. Moreover, plastic supports exports to Argentina exceeded the volume sent to the second major destination, Spain (X tons), twofold. Peru (X tons) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina amounted to +95.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+190.8% per year) and Peru (+120.1% per year).

In value terms, Argentina ($X) remains the key foreign market for spools, cops, bobbins and similar supports of plastics exports from Chile, comprising 80% of total exports. The second position in the ranking was taken by Spain ($X), with an 8.7% share of total exports. It was followed by Peru, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina stood at +44.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+91.4% per year) and Peru (+51.2% per year).

Export Prices by Country

The average plastic supports export price stood at $X per ton in 2022, dropping by -21.6% against the previous year. In general, the export price continues to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 42% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (-26.0%), while the prices for the other major destinations experienced a decline.

Plastic Supports Imports

Imports into Chile

In 2022, purchases abroad of spools, cops, bobbins and similar supports of plastics increased by 137% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 157% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, plastic supports imports soared to $X in 2022. Overall, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) constituted the largest plastic supports supplier to Chile, accounting for a 47% share of total imports. Moreover, plastic supports imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Spain (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at +41.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+20.7% per year) and Spain (+47.2% per year).

In value terms, the largest plastic supports suppliers to Chile were Brazil ($X), Italy ($X) and China ($X), together accounting for 65% of total imports.

Among the main suppliers, Brazil, with a CAGR of +77.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average plastic supports import price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2019 when the average import price increased by 77%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+11.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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