Chile: Sulphur Market 2022

Sulphur Market Size in Chile

In 2020, the Chilean sulphur market decreased by -X% to $X, falling for the second year in a row after three years of growth. In general, consumption showed a perceptible curtailment. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Sulphur consumption peaked at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Sulphur Production in Chile

In value terms, sulphur production reduced sharply to $X in 2020 estimated in export prices. Overall, production recorded a pronounced reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% year-to-year. Sulphur production peaked at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Sulphur Exports

Exports from Chile

Sulphur exports from Chile shrank significantly to X tonnes in 2020, which is down by -X% against 2019. Over the period under review, exports showed a mild setback. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes. from 2018 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, sulphur exports fell dramatically to $X in 2020. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. from 2018 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Costa Rica (X tonnes) was the main destination for sulphur exports from Chile, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Costa Rica stood at +X%.

In value terms, Costa Rica ($X) also remains the key foreign market for sulphur exports from Chile.

From 2007 to 2020, the average annual rate of growth in terms of value to Costa Rica amounted to +X%.

Export Prices by Country

The average sulphur export price stood at $X per tonne in 2020, falling by -X% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for Costa Rica amounted to -X% per year.

Sulphur Imports

Imports into Chile

In 2020, the amount of sulphur (sublimed or precipitated) and colloidal sulphur imported into Chile skyrocketed to X tonnes, rising by X% compared with the previous year's figure. Overall, imports recorded a strong increase. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, sulphur imports dropped remarkably to $X in 2020. In general, imports continue to indicate perceptible growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

India (X tonnes) and the UK (X kg) were the main suppliers of sulphur imports to Chile.

From 2007 to 2020, the biggest increases were in the UK.

In value terms, the UK ($X) and India ($X) appeared to be the largest sulphur suppliers to Chile.

Among the main suppliers, the UK saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2020, the average sulphur import price amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per tonne), while the price for India amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK.

Source: IndexBox Platform