Chile: Unsaturated Acyclic Hydrocarbons Market 2024

Unsaturated Acyclic Hydrocarbons Market Size in Chile

The Chilean unsaturated acyclic hydrocarbons market expanded slightly to $X in 2021, increasing by 3.2% against the previous year. Over the period under review, consumption, however, saw a perceptible setback. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Unsaturated Acyclic Hydrocarbons Production in Chile

In value terms, unsaturated acyclic hydrocarbons production rose to $X in 2021 estimated in export price. Overall, production, however, recorded a pronounced slump. The pace of growth appeared the most rapid in 2014 when the production volume increased by 10% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Unsaturated Acyclic Hydrocarbons Exports

Exports from Chile

Unsaturated acyclic hydrocarbons exports from Chile surged to X tons in 2021, increasing by 43% compared with 2020. Overall, exports showed a prominent expansion. The pace of growth was the most pronounced in 2013 when exports increased by 305%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, unsaturated acyclic hydrocarbons exports soared to $X in 2021. In general, exports saw resilient growth. The growth pace was the most rapid in 2013 with an increase of 195%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

India (X tons), Japan (X tons) and Spain (X tons) were the main destinations of unsaturated acyclic hydrocarbons exports from Chile, together comprising 85% of total exports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +21.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for unsaturated acyclic hydrocarbons exported from Chile were India ($X), Japan ($X) and Spain ($X), with a combined 84% share of total exports.

In terms of the main countries of destination, India, with a CAGR of +25.3%, 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

The average unsaturated acyclic hydrocarbons export price stood at $X per ton in 2021, growing by 29% against the previous year. Over the period under review, the export price, however, recorded a mild decrease. The growth pace was the most rapid in 2018 when the average export price increased by 72%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Unsaturated Acyclic Hydrocarbons Imports

Imports into Chile

In 2021, approx. X tons of unsaturated acyclic hydrocarbons were imported into Chile; rising by 85% against 2020 figures. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 144% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, unsaturated acyclic hydrocarbons imports skyrocketed to $X in 2021. In general, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2015 with an increase of 84% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Peru (X tons) constituted the largest supplier of unsaturated acyclic hydrocarbons to Chile, with a 49% share of total imports. Moreover, unsaturated acyclic hydrocarbons imports from Peru exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold. Argentina (X tons) ranked third in terms of total imports with a 21% share.

From 2012 to 2021, the average annual growth rate of volume from Peru totaled +79.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+17.2% per year) and Argentina (+36.1% per year).

In value terms, the largest unsaturated acyclic hydrocarbons suppliers to Chile were Peru ($X), Brazil ($X) and the United States ($X), with a combined 80% share of total imports.

Peru, with a CAGR of +75.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average unsaturated acyclic hydrocarbons import price stood at $X per ton in 2021, which is down by -19.9% against the previous year. In general, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 25% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Argentina ($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 (+4.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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