Report Update: Apr 1, 2024

Chile - Titanium Dioxide Pigments and Colouring Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Titanium Dioxide Pigments Price in Chile - 2023

Titanium Dioxide Pigments Price in Chile (CIF) - 2023

The average titanium dioxide pigments import price stood at $2,567 per ton in August 2023, falling by -13.5% against the previous month. Over the period under review, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 13% month-to-month. Over the period under review, average import prices attained the maximum at $3,701 per ton in October 2022; however, from November 2022 to August 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($3,238 per ton), while the price for China stood at $2,487 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Mexico (-0.9%), while the prices for the other major suppliers experienced a decline.

Titanium Dioxide Pigments Price in Chile (FOB) - 2023

The average titanium dioxide pigments export price stood at $3,245 per ton in August 2023, approximately reflecting the previous month. In general, the export price continues to indicate a slight reduction. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 13% against the previous month. Over the period under review, the average export prices reached the peak figure at $4,126 per ton in September 2022; however, from October 2022 to August 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Argentina ($5,686 per ton), while the average price for exports to Peru ($2,642 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.

Titanium Dioxide Pigments Imports in Chile

After three years of growth, overseas purchases of titanium dioxide pigments and colouring preparations decreased by -23.7% to 18K tons in 2022. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 24%. As a result, imports attained the peak of 24K tons, and then dropped significantly in the following year.

In value terms, titanium dioxide pigments imports contracted to $62M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, imports attained the peak of $72M, and then contracted in the following year.

Import of Titanium Dioxide Pigments in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	19.1	24.1	35.9	30.2	16.5%
United States	16.2	12.4	21.2	16.1	-0.2%
Mexico	4.3	3.0	4.8	7.6	20.9%
Germany	1.7	2.1	1.5	1.7	0.0%
Argentina	0.8	0.7	1.1	1.4	20.5%
Brazil	0.5	0.5	0.9	0.8	17.0%
Others	6.9	3.7	6.9	3.7	-18.8%
Total	49.5	46.5	72.3	61.5	7.5%

Top Suppliers of Titanium Dioxide Pigments to Chile in 2022:

China (8.9K tons)
United States (4.2K tons)
Mexico (2.2K tons)
Argentina (0.9K tons)
Germany (0.4K tons)
Brazil (0.3K tons)

Titanium Dioxide Pigments Exports in Chile

In 2022, after three years of growth, there was significant decline in overseas shipments of titanium dioxide pigments and colouring preparations, when their volume decreased by -5.1% to 4K tons. The total export volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 9.1% against the previous year.

In value terms, titanium dioxide pigments exports surged to $14M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 increased by +49.1% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Titanium Dioxide Pigments in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Colombia	3.3	3.4	3.1	4.5	10.9%
Peru	2.0	2.5	4.1	4.3	29.1%
Guatemala	1.5	2.5	2.7	2.5	18.6%
Argentina	0.3	0.3	0.4	0.8	38.7%
Ecuador	1.1	0.7	0.6	0.8	-10.1%
Mexico	0.3	0.4	0.2	0.5	18.6%
Others	0.6	N/A	0.5	0.2	-30.7%
Total	9.1	9.9	11.6	13.5	14.1%

Top Export Markets for Titanium Dioxide Pigments from Chile in 2022:

Colombia (1383.2 tons)
Peru (1301.5 tons)
Guatemala (606.4 tons)
Ecuador (265.8 tons)
Argentina (212.5 tons)
Mexico (162.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the titanium dioxide pigments 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 20122415 - Pigments and preparations based on titanium dioxide containing . .80 % by weight of titanium dioxide
Prodcom 20122419 - Pigments and preparations based on titanium dioxide (excluding those containing . .80 % by weight of titanium dioxide)

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
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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
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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