Chile: Textile Wadding Market 2025

Textile Wadding Market Size in Chile

In 2022, after two years of growth, there was significant decline in the Chilean textile wadding market, when its value decreased by -6.8% to $X. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +64.2% against 2016 indices. Textile wadding consumption peaked at $X in 2021, and then shrank in the following year.

Textile Wadding Production in Chile

In value terms, textile wadding production declined slightly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when the production volume increased by 4.6% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Textile Wadding Exports

Exports from Chile

In 2022, after three years of decline, there was significant growth in shipments abroad of wadding of textile materials and articles thereof, when their volume increased by 89% to X tons. In general, exports, however, recorded a abrupt slump. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, textile wadding exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2015 when exports increased by 88%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for textile wadding exports from Chile, accounting for a 67% share of total exports. Moreover, textile wadding exports to Brazil exceeded the volume sent to the second major destination, Trinidad and Tobago (X tons), fivefold. The third position in this ranking was taken by Venezuela (X tons), with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil amounted to +101.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Trinidad and Tobago (+66.6% per year) and Venezuela (-8.6% per year).

In value terms, Brazil ($X) emerged as the key foreign market for wadding of textile materials and articles thereof exports from Chile, comprising 58% of total exports. The second position in the ranking was taken by Trinidad and Tobago ($X), with a 19% share of total exports. It was followed by Venezuela, with a 17% share.

From 2012 to 2022, the average annual growth rate of value to Brazil totaled +87.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Trinidad and Tobago (+65.2% per year) and Venezuela (-4.7% per year).

Export Prices by Country

In 2022, the average textile wadding export price amounted to $X per ton, dropping by -4.2% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, textile wadding export price increased by +40.1% against 2018 indices. The pace of growth was the most pronounced in 2015 when the average export price increased by 31% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 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 Venezuela ($X per ton), while the average price for exports to Paraguay ($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 Colombia (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Wadding Imports

Imports into Chile

For the third consecutive year, Chile recorded growth in supplies from abroad of wadding of textile materials and articles thereof, which increased by 0.9% to X tons in 2022. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.8% 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 +39.0% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of 39%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, textile wadding imports contracted modestly to $X in 2022. In general, total imports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.8% 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 +35.2% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 52% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of textile wadding to Chile, with a 76% share of total imports. Moreover, textile wadding imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), more than tenfold. Peru (X tons) ranked third in terms of total imports with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+2.1% per year) and Peru (-6.7% per year).

In value terms, China ($X) constituted the largest supplier of wadding of textile materials and articles thereof to Chile, comprising 52% of total imports. The second position in the ranking was held by Mexico ($X), with a 7.5% share of total imports. It was followed by Paraguay, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+1.8% per year) and Paraguay (+25.6% per year).

Import Prices by Country

The average textile wadding import price stood at $X per ton in 2022, falling by -2.1% against the previous year. Over the period under review, the import price saw a mild slump. The pace of growth appeared the most rapid in 2019 an increase of 44%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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