Chile: Construction Sands Market 2024

Construction Sands Market Size in Chile

The Chilean construction sands market stood at $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Construction sands consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Construction Sands Production in Chile

In value terms, construction sands production declined to $X in 2022 estimated in export price. Overall, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.4% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 45%. Construction sands production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Construction Sands Exports

Exports from Chile

In 2022, exports of construction sands from Chile reduced sharply to X tons, declining by -84.9% on the previous year's figure. Over the period under review, exports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 3,592%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, construction sands exports plummeted to $X in 2022. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 6,701%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Peru (X tons), Argentina (X tons) and Bolivia (X kg) were the main destinations of construction sands exports from Chile, with a combined 98% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Bolivia (with a CAGR of +38.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Peru ($X), Argentina ($X) and Bolivia ($X) were the largest markets for construction sands exported from Chile worldwide, with a combined 99% share of total exports.

In terms of the main countries of destination, Bolivia, with a CAGR of +2.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average construction sands export price amounted to $X per ton, jumping by 32% against the previous year. Over the period under review, the export price posted a resilient increase. The pace of growth appeared the most rapid in 2014 an increase of 188% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 ($X per ton), while the average price for exports to Canada ($X 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 Peru (+32.1%), while the prices for the other major destinations experienced mixed trend patterns.

Construction Sands Imports

Imports into Chile

Construction sands imports into Chile amounted to X tons in 2022, growing by 3.8% compared with the year before. Overall, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 77%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, construction sands imports dropped remarkably to $X in 2022. Over the period under review, imports, however, showed a slight setback. The growth pace was the most rapid in 2017 with an increase of 96% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest construction sands supplier to Chile, with a 87% share of total imports. Moreover, construction sands imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. Germany (X tons) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to +60.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.1% per year) and Germany (+24.6% per year).

In value terms, Turkey ($X) constituted the largest supplier of construction sands to Chile, comprising 63% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports. It was followed by the United States, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey totaled +67.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.5% per year) and the United States (+0.9% per year).

Import Prices by Country

The average construction sands import price stood at $X per ton in 2022, with a decrease of -27.6% against the previous year. In general, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2020 when the average import price increased by 84% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 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 the United States ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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