Chile: Hydrazine And Hydroxylamine Market 2023

Hydrazine And Hydroxylamine Market Size in Chile

The Chilean hydrazine and hydroxylamine market reduced notably to $X in 2021, shrinking by -24% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a mild curtailment. Hydrazine and hydroxylamine consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Hydrazine And Hydroxylamine Exports

Exports from Chile

In 2021, overseas shipments of hydrazine and hydroxylamine and their inorganic salts decreased by -5.6% to X kg, falling for the seventh year in a row after three years of growth. Overall, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 181% against the previous year. Over the period under review, the exports attained the maximum at X kg in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, hydrazine and hydroxylamine exports amounted to $X in 2021. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +9.9% against 2019 indices. The growth pace was the most rapid in 2014 when exports increased by 68% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Bolivia (X kg) was the main destination for hydrazine and hydroxylamine exports from Chile, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Bolivia stood at +7.3%.

In value terms, Bolivia ($X) also remains the key foreign market for hydrazine and hydroxylamine and their inorganic salts exports from Chile.

From 2012 to 2021, the average annual growth rate of value to Bolivia amounted to +7.0%.

Export Prices by Country

In 2021, the average hydrazine and hydroxylamine export price amounted to $X per ton, increasing by 11% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 25% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From 2012 to 2021, the rate of growth in terms of prices for Bolivia amounted to -0.3% per year.

Hydrazine And Hydroxylamine Imports

Imports into Chile

In 2021, approx. X tons of hydrazine and hydroxylamine and their inorganic salts were imported into Chile; which is down by -36.9% on 2020 figures. Over the period under review, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 230% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, hydrazine and hydroxylamine imports shrank sharply to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 236%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest hydrazine and hydroxylamine supplier to Chile, with a 57% share of total imports. Moreover, hydrazine and hydroxylamine imports from Germany exceeded the figures recorded by the second-largest supplier, Argentina (X tons), fourfold. The third position in this ranking was taken by the UK (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+10.7% per year) and the UK (0.0% per year).

In value terms, Germany ($X) constituted the largest supplier of hydrazine and hydroxylamine and their inorganic salts to Chile, comprising 68% of total imports. The second position in the ranking was taken by Argentina ($X), with a 7.7% share of total imports. It was followed by the UK, with a 3% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+9.0% per year) and the UK (0.0% per year).

Import Prices by Country

In 2021, the average hydrazine and hydroxylamine import price amounted to $X per ton, with an increase of 33% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hydrazine and hydroxylamine import price increased by +2.4% against 2016 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 76% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+38.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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