Chile: Plastic Support Market 2024

Plastic Support Market Size in Chile

The Chilean plastic support market dropped to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a slight descent. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Plastic Support Production in Chile

In value terms, plastic support production contracted to $X in 2022 estimated in export price. Over the period under review, production saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Plastic Support Exports

Exports from Chile

In 2022, shipments abroad of spools, cops and similar supports of plastics decreased by X% to X tons, falling for the seventh consecutive year after four years of growth. Overall, exports showed a abrupt downturn. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, plastic support exports stood at $X in 2022. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina (X tons), Colombia (X tons) and Paraguay (X tons) were the main destinations of plastic support exports from Chile, together comprising X% of total exports. Peru, Uruguay, Ecuador, Bolivia, Costa Rica, Panama, Spain, Mexico and Brazil lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), Argentina ($X) and Paraguay ($X) appeared to be the largest markets for plastic support exported from Chile worldwide, together accounting for X% of total exports. Costa Rica, Peru, Uruguay, Ecuador, Bolivia, Mexico, Panama, Brazil and Spain lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average plastic support export price amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($X per ton), while the average price for exports to Spain ($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 Colombia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Support Imports

Imports into Chile

In 2022, overseas purchases of spools, cops and similar supports of plastics increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, plastic support imports surged to $X in 2022. Over the period under review, imports saw prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of plastic support to Chile, with a X% share of total imports. Moreover, plastic support imports from China exceeded the figures recorded by the second-largest supplier, Argentina (X tons), fourfold. Mexico (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Mexico (X% per year).

In value terms, China ($X), Mexico ($X) and Brazil ($X) constituted the largest plastic support suppliers to Chile, with a combined X% share of total imports.

Mexico, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic support import price stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price recorded a abrupt descent. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a 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 France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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