Chile: Market for Vulcanised Cellular Rubber Articles For Technical Uses 2025

Market Size for Vulcanised Cellular Rubber Articles For Technical Uses in Chile

In 2021, the Chilean vulcanised cellular rubber articles market was finally on the rise to reach $X after two years of decline. In general, consumption enjoyed noticeable growth. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in the near future.

Exports of Vulcanised Cellular Rubber Articles For Technical Uses

Exports from Chile

Vulcanised cellular rubber articles exports from Chile declined rapidly to X tons in 2021, with a decrease of -63.4% compared with the year before. In general, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2020 when exports increased by 531% against the previous year. As a result, the exports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, vulcanised cellular rubber articles exports dropped remarkably to $X in 2021. Over the period under review, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 362% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for vulcanised cellular rubber articles exports from Chile, with a 80% share of total exports. Moreover, vulcanised cellular rubber articles exports to Australia exceeded the volume sent to the second major destination, Brazil (X tons), more than tenfold. Bolivia (X tons) ranked third in terms of total exports with a 6% share.

From 2012 to 2021, the average annual growth rate of volume to Australia stood at +165.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+8.1% per year) and Bolivia (+120.9% per year).

In value terms, Australia ($X) remains the key foreign market for vulcanised cellular rubber articles for technical uses exports from Chile, comprising 54% of total exports. The second position in the ranking was held by Brazil ($X), with a 15% share of total exports. It was followed by Bolivia, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Australia totaled +148.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+17.3% per year) and Bolivia (+96.0% per year).

Export Prices by Country

In 2021, the average vulcanised cellular rubber articles export price amounted to $X per ton, surging by 2.9% against the previous year. Overall, the export price, however, saw a deep reduction. The pace of growth was the most pronounced in 2013 an increase of 94% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Argentina ($X per ton), while the average price for exports to Australia ($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 Canada (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vulcanised Cellular Rubber Articles For Technical Uses

Imports into Chile

In 2021, imports of vulcanised cellular rubber articles for technical uses into Chile expanded markedly to X tons, with an increase of 5.5% on the year before. Over the period under review, imports saw a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of 86%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, vulcanised cellular rubber articles imports surged to $X in 2021. Overall, imports saw a relatively flat trend pattern. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of vulcanised cellular rubber articles to Chile, with a 84% share of total imports. Moreover, vulcanised cellular rubber articles imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +21.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-0.3% per year) and the United States (+3.9% per year).

In value terms, China ($X) constituted the largest supplier of vulcanised cellular rubber articles for technical uses to Chile, comprising 59% of total imports. The second position in the ranking was held by the United States ($X), with a 17% share of total imports. It was followed by Thailand, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.4% per year) and Thailand (-3.7% per year).

Import Prices by Country

In 2021, the average vulcanised cellular rubber articles import price amounted to $X per ton, surging by 38% against the previous year. Overall, the import price, however, recorded a deep setback. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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