Chile: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Chile

In 2022, after two years of growth, there was decline in the Chilean prepared additives for cements market, when its value decreased by -3.8% to $X. Over the period under review, consumption, however, saw a resilient increase. Over the period under review, the market hit record highs at $X in 2021, and then declined in the following year.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Chile

Prepared additives for cements exports from Chile shrank significantly to X tons in 2022, dropping by -76.2% against the year before. Overall, exports saw a abrupt contraction. The growth pace was the most rapid in 2013 with an increase of 650%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, prepared additives for cements exports fell notably to $X in 2022. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of 398% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Bolivia (X tons), Peru (X tons) and Paraguay (X tons) were the main destinations of prepared additives for cements exports from Chile, with a combined 84% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Paraguay (with a CAGR of +29.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared additives for cements exported from Chile were Peru ($X), Bolivia ($X) and Colombia ($X), with a combined 85% share of total exports. Paraguay, Argentina, Uruguay and Mexico lagged somewhat behind, together accounting for a further 15%.

In terms of the main countries of destination, Paraguay, with a CAGR of +24.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average prepared additives for cements export price amounted to $X per ton, picking up by 40% against the previous year. In general, the export price, however, continues to indicate a mild descent. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Mexico ($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 Peru (+0.8%), while the prices for the other major destinations experienced a decline.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Chile

In 2022, prepared additives for cements imports into Chile declined remarkably to X tons, reducing by -29.1% compared with 2021. Over the period under review, imports, however, posted a measured expansion. The most prominent rate of growth was recorded in 2015 with an increase of 37% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, prepared additives for cements imports reduced notably to $X in 2022. Overall, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports reached the peak of $X, and then declined markedly in the following year.

Imports by Country

The United States (X tons), China (X tons) and Argentina (X tons) were the main suppliers of prepared additives for cements imports to Chile, together accounting for 65% of total imports. South Korea, Spain, Germany, Russia and Mexico lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +29.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared additives for cements suppliers to Chile were the United States ($X), China ($X) and South Korea ($X), with a combined 70% share of total imports. Argentina, Spain, Russia, Germany and Mexico lagged somewhat behind, together comprising a further 18%.

In terms of the main suppliers, Russia, with a CAGR of +44.1%, 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

The average prepared additives for cements import price stood at $X per ton in 2022, surging by 16% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 26%. 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 the United States ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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