Chile: Sulphides Of Non-Metals Market 2024

Sulphides Of Non-Metals Market Size in Chile

In 2021, the Chilean sulphides of non-metals market decreased by -0.5% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the market value increased by 7.4% against the previous year. Over the period under review, the market hit record highs at $X in 2020, and then contracted modestly in the following year.

Sulphides Of Non-Metals Production in Chile

In value terms, sulphides of non-metals production reduced slightly to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 7.4%. Over the period under review, production attained the maximum level at $X in 2020, and then reduced in the following year.

Sulphides Of Non-Metals Exports

Exports from Chile

In 2021, overseas shipments of sulphides of non-metals and commercial phosphorus trisulphide increased by 9.6% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 121% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, sulphides of non-metals exports surged to $X in 2021. Overall, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +106.2% against 2016 indices. The growth pace was the most rapid in 2013 when exports increased by 40%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Mexico (X tons) was the main destination for sulphides of non-metals exports from Chile, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mexico totaled +12.2%.

In value terms, Mexico ($X) also remains the key foreign market for sulphides of non-metals and commercial phosphorus trisulphide exports from Chile.

From 2012 to 2021, the average annual growth rate of value to Mexico stood at +7.3%.

Export Prices by Country

The average sulphides of non-metals export price stood at $X per kg in 2021, rising by 5.8% against the previous year. Over the period under review, the export price, however, recorded a perceptible reduction. The growth pace was the most rapid in 2018 an increase of 50%. Over the period under review, the average export prices attained the peak figure at $X per kg in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Mexico.

From 2012 to 2021, the rate of growth in terms of prices for Mexico amounted to -4.3% per year.

Sulphides Of Non-Metals Imports

Imports into Chile

After four years of decline, purchases abroad of sulphides of non-metals and commercial phosphorus trisulphide increased by 1.3% to X kg in 2021. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2016 when imports increased by 101%. As a result, imports reached the peak of X kg. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, sulphides of non-metals imports surged to $X in 2021. Overall, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2016 when imports increased by 107% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X kg) was the main sulphides of non-metals supplier to Chile, accounting for a 94% share of total imports. It was followed by Germany (X kg), with a 2.7% share of total imports. The United States (X kg) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled -5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-9.3% per year) and the United States (-56.9% per year).

In value terms, Italy ($X) constituted the largest supplier of sulphides of non-metals and commercial phosphorus trisulphide to Chile, comprising 78% of total imports. The second position in the ranking was held by the United States ($X), with a 17% share of total imports. It was followed by Germany, with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at -10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-40.5% per year) and Germany (-11.5% per year).

Import Prices by Country

In 2021, the average sulphides of non-metals import price amounted to $X per ton, jumping by 20% against the previous year. In general, the import price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by 49%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+37.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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