Price for Mineral Substances Not Elsewhere Specified or Included in Chile - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Chile (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Chile (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Chile
- Exports of Mineral Substances Not Elsewhere Specified or Included in Chile
Price for Mineral Substances Not Elsewhere Specified or Included in Chile (CIF) - 2022
In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $317 per ton, falling by -4.2% against the previous year. Overall, the import price recorded a pronounced decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs at $399 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Italy ($1,195 per ton), while the price for Argentina ($170 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Chile (FOB) - 2022
In 2022, the average export price for mineral substances not elsewhere specified or includeds amounted to $72 per ton, picking up by 38% against the previous year. In general, the export price, however, faced a deep contraction. The pace of growth appeared the most rapid in 2016 an increase of 78%. As a result, the export price reached the peak level of $1,655 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,000 per ton), while the average price for exports to Bolivia ($54 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 China (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mineral Substances Not Elsewhere Specified or Included in Chile
In 2022, approx. 20K tons of mineral substances not elsewhere specified or includeds were imported into Chile; growing by 143% against 2021 figures. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of mineral substances not elsewhere specified or includeds skyrocketed to $6.3M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Mineral Substances Not Elsewhere Specified or Included in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 467 | 1,197 | 377 | 2,304 | 70.2% |
| Argentina | 62.7 | 173 | 558 | 1,305 | 175.1% |
| Brazil | 396 | 511 | 652 | 695 | 20.6% |
| United States | 236 | 85.5 | 153 | 360 | 15.1% |
| Mexico | 100 | 108 | 144 | 233 | 32.6% |
| Turkey | 88.0 | 83.9 | 177 | 204 | 32.3% |
| Spain | 293 | 323 | 129 | 147 | -20.5% |
| Others | 206 | 184 | 519 | 1,045 | 71.8% |
| Total | 1,849 | 2,667 | 2,707 | 6,292 | 50.4% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Chile in 2022:
- China (8.4K tons)
- Argentina (7.7K tons)
- Brazil (1.2K tons)
- Turkey (0.6K tons)
- Mexico (0.6K tons)
- United States (0.4K tons)
- Spain (0.4K tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Chile
In 2022, approx. 14K tons of mineral substances not elsewhere specified or includeds were exported from Chile; increasing by 3.3% compared with the previous year's figure. Overall, exports, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year.
In value terms, exports of mineral substances not elsewhere specified or includeds surged to $1M in 2022. Over the period under review, exports enjoyed a tangible increase. The pace of growth was the most pronounced in 2021 with an increase of 58%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Mineral Substances Not Elsewhere Specified or Included in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 579 | 356 | 578 | 791 | 11.0% |
| Mexico | 5.2 | N/A | N/A | 87.5 | 156.3% |
| Argentina | 243 | 96.4 | 105 | 80.8 | -30.7% |
| Bolivia | 54.2 | N/A | 4.8 | 54.3 | 0.1% |
| Others | 60.5 | 9.0 | 39.8 | 22.8 | -27.8% |
| Total | 942 | 461 | 727 | 1,036 | 3.2% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Chile in 2022:
- Peru (11.7K tons)
- Argentina (1.3K tons)
- Bolivia (1.0K tons)
- Mexico (0.4K tons)
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