Chile: Market for Non-Soap Washing and Cleaning Preparations 2024

Market Size for Non-Soap Washing and Cleaning Preparations in Chile

The Chilean market for non-soap washing and cleaning preparations contracted slightly to $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then fell slightly in the following year.

Production of Non-Soap Washing and Cleaning Preparations in Chile

In value terms, non-soap washing and cleaning preparations production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 28% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Non-Soap Washing and Cleaning Preparations

Exports from Chile

In 2022, the amount of non-soap washing and cleaning preparations exported from Chile surged to X tons, growing by 21% against 2021 figures. Over the period under review, exports continue to indicate a tangible expansion. The pace of growth appeared the most rapid in 2018 with an increase of 97% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-soap washing and cleaning preparations exports expanded remarkably to $X in 2022. In general, total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.0% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 88% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Argentina (X tons), Peru (X tons) and Ecuador (X tons) were the main destinations of non-soap washing and cleaning preparations exports from Chile, with a combined 65% share of total exports. Bolivia, the Dominican Republic, Mexico, Uruguay, Paraguay, Colombia and the United States lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Dominican Republic (with a CAGR of +20.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-soap washing and cleaning preparations exported from Chile were Argentina ($X), Peru ($X) and Bolivia ($X), with a combined 61% share of total exports. Ecuador, the Dominican Republic, the United States, Colombia, Mexico, Uruguay and Paraguay lagged somewhat behind, together comprising a further 28%.

The Dominican Republic, with a CAGR of +18.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 export price for non-soap washing and cleaning preparations amounted to $X per ton, dropping by -9.3% against the previous year. Overall, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-soap washing and cleaning preparations export price increased by +31.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 37% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Paraguay ($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 the United States (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Soap Washing and Cleaning Preparations

Imports into Chile

In 2022, overseas purchases of non-soap washing and cleaning preparations decreased by -8% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 36%. Over the period under review, imports reached the maximum at X tons in 2021, and then shrank in the following year.

In value terms, non-soap washing and cleaning preparations imports shrank slightly to $X in 2022. Over the period under review, imports, however, enjoyed temperate growth. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of $X, and then contracted modestly in the following year.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of non-soap washing and cleaning preparations to Chile, with a 44% share of total imports. Moreover, non-soap washing and cleaning preparations imports from Argentina exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Colombia (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Argentina stood at +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.3% per year) and Colombia (+28.2% per year).

In value terms, the largest non-soap washing and cleaning preparations suppliers to Chile were Argentina ($X), Mexico ($X) and China ($X), with a combined 59% share of total imports. The United States, Colombia, Brazil, Germany, Spain, South Korea and Peru lagged somewhat behind, together accounting for a further 34%.

Colombia, with a CAGR of +24.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for non-soap washing and cleaning preparations amounted to $X per ton, increasing by 7.3% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2017 when the average import price increased by 10% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 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 the United States ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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