Report Update: May 1, 2024

Chile - Liquefied Petroleum Gas (LPG) - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Liquefied Petroleum Gas (LPG) in Chile - 2023

Price for Liquefied Petroleum Gas (LPG) in Chile (CIF) - 2023

The average liquefied petroleum gas (LPG) import price stood at $455 per ton in September 2023, growing by 6.9% against the previous month. Over the period under review, the import price, however, continues to indicate a noticeable shrinkage. The growth pace was the most rapid in February 2023 when the average import price increased by 9.9% m-o-m. The import price peaked at $670 per ton in October 2022; however, from November 2022 to September 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($482 per ton), while the price for Argentina totaled $385 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Argentina (-2.6%).

Price for Liquefied Petroleum Gas (LPG) in Chile (FOB) - 2023

In September 2023, the average liquefied petroleum gas (LPG) export price amounted to $419 per ton, rising by 6.2% against the previous month. Over the period under review, the export price, however, showed a noticeable decrease. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 59% against the previous month. The export price peaked at $906 per ton in December 2022; however, from January 2023 to September 2023, the export prices failed to regain momentum.

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

From September 2022 to September 2023, the rate of growth in terms of prices for Ghana amounted to 0.0% per month.

Imports of Liquefied Petroleum Gas (LPG) in Chile

For the fourth year in a row, Chile recorded growth in overseas purchases of liquefied petroleum gas (LPG), which increased by 14% to 1.4M tons in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 27%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, liquefied petroleum gas (LPG) imports soared to $1.2B in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 94%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Liquefied Petroleum Gas (LPG) in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	317	341	660	840	38.4%
Argentina	116	105	215	277	33.7%
Others	0.5	14.7	21.2	34.6	310.6%
Total	433	461	896	1,151	38.5%

Top Suppliers of Liquefied Petroleum Gas (LPG) to Chile in 2022:

United States (1156.7K tons)
Argentina (242.4K tons)

Exports of Liquefied Petroleum Gas (LPG) in Chile

In 2022, the amount of liquefied petroleum gas (LPG) exported from Chile skyrocketed to 300K tons, with an increase of 31% against 2021. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 275%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, liquefied petroleum gas (LPG) exports skyrocketed to $185M in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 257%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Liquefied Petroleum Gas (LPG) in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Dominican Republic	2.3	6.0	20.5	39.0	156.9%
Peru	0.5	6.0	4.7	35.7	314.9%
Kenya	10.1	1.8	23.8	24.9	35.1%
South Africa	1.1	28.8	58.5	22.2	172.3%
Anguilla	N/A	N/A	N/A	14.8	0%
Brazil	N/A	N/A	N/A	14.3	0%
Colombia	N/A	N/A	N/A	14.1	0%
Tanzania	N/A	N/A	9.5	10.3	8.4%
Ecuador	1.0	1.8	4.1	3.1	45.8%
Sri Lanka	N/A	19.4	8.3	N/A	-57.2%
Mozambique	4.5	4.8	N/A	N/A	6.7%
Others	2.3	9.0	5.3	7.0	44.9%
Total	21.7	77.6	135	185	104.3%

Top Export Markets for Liquefied Petroleum Gas (LPG) from Chile in 2022:

Kenya (56.7K tons)
Peru (52.6K tons)
Dominican Republic (46.9K tons)
South Africa (37.1K tons)
Ecuador (27.8K tons)
Brazil (23.8K tons)
Colombia (18.7K tons)
Anguilla (17.8K tons)
Tanzania (10.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for liquefied petroleum gas (lpg) 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:

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.

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