Chile - Polystyrene, In Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolystyrene Price in Chile - 2023
Contents:
- Polystyrene Price in Chile (CIF) - 2023
- Polystyrene Price in Chile (FOB) - 2023
- Polystyrene Imports in Chile
- Polystyrene Exports in Chile
Polystyrene Price in Chile (CIF) - 2023
In September 2023, the average polystyrene import price amounted to $1,389 per ton, shrinking by -1.8% against the previous month. Overall, the import price recorded a perceptible descent. The pace of growth was the most pronounced in April 2023 an increase of 1.7% month-to-month. Over the period under review, average import prices reached the maximum at $2,144 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Guatemala ($2,322 per ton), while the price for South Korea ($1,234 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Brazil (-3.2%), while the prices for the other major suppliers experienced a decline.
Polystyrene Price in Chile (FOB) - 2023
The average polystyrene export price stood at $1,784 per ton in September 2023, dropping by -7% against the previous month. Overall, the export price showed a slight contraction. The pace of growth appeared the most rapid in January 2023 an increase of 286% against the previous month. As a result, the export price attained the peak level of $2,367 per ton. From February 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Argentina ($1,870 per ton), while the average price for exports to Spain ($661 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+4.8%), while the prices for the other major destinations experienced a decline.
Polystyrene Imports in Chile
For the fourth consecutive year, Chile recorded growth in supplies from abroad of polystyrene, which increased by 4.6% to 22K tons in 2022. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 7.3% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, polystyrene imports soared to $47M in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 60%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
Import of Polystyrene in Chile (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 14.3 | 13.3 | 21.7 | 29.9 | 27.9% |
Brazil | 2.0 | 3.1 | 4.7 | 7.3 | 54.0% |
Argentina | 3.9 | 2.2 | 3.3 | 3.8 | -0.9% |
Mexico | 0.8 | 0.6 | 2.6 | 2.6 | 48.1% |
Guatemala | N/A | N/A | 0.8 | 1.1 | 37.5% |
Taiwan (Chinese) | N/A | 0.3 | 0.7 | 0.9 | 73.2% |
South Korea | 2.1 | 1.9 | 0.6 | 0.7 | -30.7% |
United States | 2.1 | 1.9 | 2.2 | N/A | 2.4% |
Others | 0.9 | 0.9 | 2.2 | 1.2 | 10.1% |
Total | 26.1 | 24.2 | 38.7 | 47.5 | 22.1% |
Top Suppliers of Polystyrene to Chile in 2022:
- United States (undefinedK tons)
- China (13.8K tons)
- Brazil (3.0K tons)
- Argentina (1.8K tons)
- Mexico (1.2K tons)
- Guatemala (0.7K tons)
- Taiwan (Chinese) (0.4K tons)
- South Korea (0.3K tons)
Polystyrene Exports in Chile
In 2022, overseas shipments of polystyrene decreased by -2.1% to 3.5K tons, falling for the second consecutive year after two years of growth. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -33.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 89%. As a result, the exports reached the peak of 5.2K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, polystyrene exports skyrocketed to $6.9M in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 70%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Polystyrene in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 1,622 | 2,508 | 2,924 | 5,825 | 53.1% |
Paraguay | 542 | 318 | 596 | 315 | -16.5% |
Brazil | 80.3 | 1,446 | 29.0 | 179 | 30.6% |
Mexico | N/A | N/A | 330 | 161 | -51.2% |
China | 87.2 | 174 | 187 | 157 | 21.7% |
Malaysia | 429 | 292 | 359 | 114 | -35.7% |
Spain | N/A | N/A | N/A | 90.5 | 0% |
Others | 356 | 556 | 489 | 62.3 | -44.1% |
Total | 3,117 | 5,294 | 4,914 | 6,903 | 30.3% |
Top Export Markets for Polystyrene from Chile in 2022:
- Argentina (2474.4 tons)
- Malaysia (255.8 tons)
- China (204.8 tons)
- Paraguay (133.0 tons)
- Spain (113.5 tons)
- Mexico (110.3 tons)
- Brazil (108.2 tons)
This report provides an in-depth analysis of the polystyrene 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 20162035 - Expansible polystyrene, in primary forms
- Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the world's best import markets for polystyrene with key statistics and data. Discover the leading countries and their import values of polystyrene. Gain insights from the IndexBox market intelligence platform.
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
Discover the top import markets for ABS copolymers and their key statistics. China, Germany, and the United States lead the pack. Explore the growth potential and opportunities in this global market.
Explore the world's top import markets for polystyrene in primary forms, including key statistics and numbers from the IndexBox market intelligence platform.