Chile - Polyethylene in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene in Primary Forms in Chile - 2023
Contents:
- Price for Polyethylene in Primary Forms in Chile (CIF) - 2023
- Price for Polyethylene in Primary Forms in Chile (FOB) - 2022
- Imports of Polyethylene in Primary Forms in Chile
- Exports of Polyethylene in Primary Forms in Chile
Price for Polyethylene in Primary Forms in Chile (CIF) - 2023
In September 2023, the average polyethylene in primary forms import price amounted to $1,023 per ton, dropping by -4.9% against the previous month. In general, the import price recorded a perceptible descent. The growth pace was the most rapid in November 2022 when the average import price increased by 194% against the previous month. The import price peaked at $1,662 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Thailand ($1,296 per ton) and Argentina ($1,199 per ton), while the price for Mexico ($957 per ton) and the United States ($978 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Thailand (-2.7%), while the prices for the other major suppliers experienced a decline.
Price for Polyethylene in Primary Forms in Chile (FOB) - 2022
The average polyethylene in primary forms export price stood at $2,121 per ton in 2022, growing by 11% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyethylene in primary forms export price increased by +90.0% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 46%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($3,358 per ton), while the average price for exports to Paraguay ($1,768 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 Mexico (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyethylene in Primary Forms in Chile
In 2022, polyethylene in primary forms imports into Chile expanded slightly to 345K tons, with an increase of 1.8% on the previous year's figure. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, polyethylene in primary forms imports declined to $495M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.1% 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 +60.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 81% against the previous year. As a result, imports reached the peak of $559M, and then declined in the following year.
Import of Polyethylene in Primary Forms in Chile (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 159 | 147 | 217 | 216 | 10.8% |
Brazil | 85.7 | 60.4 | 128 | 103 | 6.3% |
South Korea | 27.1 | 19.8 | 71.7 | 57.3 | 28.3% |
Argentina | 13.7 | 17.1 | 26.3 | 24.2 | 20.9% |
Mexico | 11.3 | 15.8 | 17.2 | 20.9 | 22.8% |
Canada | 6.8 | 6.0 | 12.1 | 14.3 | 28.1% |
Thailand | 6.1 | 6.7 | 29.4 | 13.3 | 29.7% |
Others | 42.4 | 36.1 | 57.3 | 46.9 | 3.4% |
Total | 352 | 309 | 559 | 495 | 12.0% |
Top Suppliers of Polyethylene in Primary Forms to Chile in 2022:
- United States (178.9K tons)
- Brazil (66.9K tons)
- South Korea (32.2K tons)
- Argentina (13.5K tons)
- Mexico (12.5K tons)
- Thailand (7.8K tons)
- Canada (7.5K tons)
Exports of Polyethylene in Primary Forms in Chile
In 2022, the amount of polyethylene in primary forms exported from Chile skyrocketed to 3.7K tons, picking up by 19% compared with the previous year. Over the period under review, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 41% against the previous year.
In value terms, polyethylene in primary forms exports surged to $7.9M in 2022. In general, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 106%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.
Export of Polyethylene in Primary Forms in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 1,511 | 535 | 1,163 | 5,240 | 51.4% |
Peru | 403 | 786 | 3,113 | 666 | 18.2% |
Mexico | 1.7 | 143 | 603 | 554 | 588.2% |
Colombia | 459 | 390 | 334 | 514 | 3.8% |
Ecuador | 197 | 259 | 278 | 261 | 9.8% |
China | 721 | 93.3 | 150 | 164 | -39.0% |
Paraguay | 731 | 139 | 157 | 155 | -40.4% |
Brazil | 837 | 282 | 71.8 | 106 | -49.8% |
Others | 552 | 279 | 131 | 272 | -21.0% |
Total | 5,413 | 2,906 | 6,000 | 7,933 | 13.6% |
Top Export Markets for Polyethylene in Primary Forms from Chile in 2022:
- Argentina (2647.2 tons)
- Peru (290.4 tons)
- Mexico (197.3 tons)
- Colombia (153.2 tons)
- Paraguay (87.7 tons)
- Ecuador (83.7 tons)
- China (71.3 tons)
- Brazil (55.5 tons)
This report provides an in-depth analysis of the market for polyethylene in primary forms 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
- Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
- Prodcom 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms
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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