Report Update: May 1, 2024

Chile - Methacrylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights

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Methacrylic Acid Price in Chile - 2023

Methacrylic Acid Price in Chile (CIF) - 2022

The average methacrylic acid import price stood at $3,298 per ton in 2022, declining by -12.8% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 59%. As a result, import price reached the peak level of $3,784 per ton, and then shrank in the following year.

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 Brazil ($4,757 per ton), while the price for the United States ($2,562 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+11.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Methacrylic Acid Price in Chile (FOB) - 2022

In 2022, the average methacrylic acid export price amounted to $4,098 per ton, growing by 14% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The export price peaked at $8,967 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to -7.5% per year.

Methacrylic Acid Imports in Chile

In 2022, imports of methacrylic acid and its salts into Chile soared to 258 tons, rising by 19% against the previous year's figure. In general, imports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year.

In value terms, methacrylic acid imports expanded to $851K in 2022. Over the period under review, imports, however, showed a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 118% against the previous year.

Import of Methacrylic Acid in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	267	74.0	573	607	31.5%
United States	213	174	38.3	126	-16.1%
Brazil	0.7	18.8	52.4	119	454.0%
Germany	182	80.1	44.6	0.1	-91.8%
South Korea	N/A	10.0	85.3	N/A	753.0%
Argentina	29.6	20.3	27.8	N/A	-3.1%
Taiwan (Chinese)	240	N/A	N/A	N/A	0%
Others	0.4	0.4	0.5	N/A	11.8%
Total	932	377	822	851	-3.0%

Top Suppliers of Methacrylic Acid to Chile in 2022:

Germany (undefined tons)
China (184.0 tons)
United States (49.0 tons)
Brazil (24.9 tons)

Methacrylic Acid Exports in Chile

In 2022, overseas shipments of methacrylic acid and its salts decreased by -47.7% to 1.6 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 39% against the previous year. As a result, the exports attained the peak of 4.2 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, methacrylic acid exports contracted sharply to $6.6K in 2022. In general, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 37%. As a result, the exports attained the peak of $14K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Methacrylic Acid in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	10.4	14.2	11.0	6.6	-14.1%
Others	N/A	N/A	N/A	N/A	0%
Total	10.4	14.2	11.0	6.6	-14.1%

Top Export Markets for Methacrylic Acid from Chile in 2022:

Argentina (1.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the methacrylic acid market in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20143330 - Methacrylic acid and its salts

Country coverage:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023