Report Update: May 1, 2024

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

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Saccharin Price in Chile - 2023

Saccharin Price in Chile (CIF) - 2022

The average saccharin import price stood at $8,568 per ton in 2022, growing by 12% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saccharin import price increased by +36.4% against 2019 indices. The growth pace was the most rapid in 2014 when the average import price increased by 23% against the previous year. Over the period under review, average import prices reached the maximum at $10,274 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.7% per year.

Saccharin Price in Chile (FOB) - 2022

The average saccharin export price stood at $7,034 per ton in 2022, waning by -39.3% against the previous year. Overall, the export price, however, recorded a buoyant expansion. The growth pace was the most rapid in 2020 an increase of 279% against the previous year. As a result, the export price attained the peak level of $14,559 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($30,338 per ton), while the average price for exports to Peru ($3,087 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 Argentina (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Saccharin Imports in Chile

In 2022, purchases abroad of saccharin and its salts decreased by -2% to 69 tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 89%. As a result, imports reached the peak of 129 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, saccharin imports rose sharply to $594K in 2022. Over the period under review, imports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 111% against the previous year. As a result, imports reached the peak of $909K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Saccharin in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	407	888	520	555	10.9%
Others	23.5	21.7	19.9	38.2	17.6%
Total	431	909	540	594	11.3%

Top Suppliers of Saccharin to Chile in 2022:

China (68.0 tons)

Saccharin Exports in Chile

In 2022, the amount of saccharin and its salts exported from Chile surged to 5 tons, jumping by 266% compared with the year before. Over the period under review, exports enjoyed pronounced growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, saccharin exports surged to $35K in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Saccharin in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bolivia	N/A	12.3	12.4	21.2	31.3%
Peru	9.6	2.4	2.5	11.5	6.2%
Ecuador	2.0	N/A	0.8	2.2	3.2%
Colombia	0.7	0.2	N/A	0.1	-47.7%
Argentina	4.8	0.2	N/A	N/A	-95.8%
Paraguay	0.4	N/A	N/A	N/A	0%
Others	0.1	N/A	N/A	N/A	0%
Total	17.6	15.3	15.8	35.0	25.8%

Top Export Markets for Saccharin from Chile in 2022:

Colombia (undefined tons)
Peru (3.7 tons)
Bolivia (0.7 tons)
Ecuador (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the saccharin 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 20144320 - Saccharin 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:

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