Chile: Market for Non-Soap Washing and Cleaning Preparations 2023

Market Size for Non-Soap Washing and Cleaning Preparations in Chile

In 2021, after two years of decline, there was significant growth in the Chilean market for non-soap washing and cleaning preparations, when its value increased by 38% to $X. The market value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Non-Soap Washing and Cleaning Preparations in Chile

In value terms, non-soap washing and cleaning preparations production soared to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by 27% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Exports of Non-Soap Washing and Cleaning Preparations

Exports from Chile

Non-soap washing and cleaning preparations exports from Chile shrank significantly to X tons in 2021, declining by -45.6% against the previous year's figure. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 103%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, non-soap washing and cleaning preparations exports dropped sharply to $X in 2021. Overall, exports, however, saw a slight expansion. The pace of growth was the most pronounced in 2018 when exports increased by 88%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Argentina (X tons), Peru (X tons) and Bolivia (X tons) were the main destinations of non-soap washing and cleaning preparations exports from Chile, together comprising 71% of total exports.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +20.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Peru ($X) and Bolivia ($X) were the largest markets for non-soap washing and cleaning preparations exported from Chile worldwide, with a combined 65% share of total exports. The United States, Venezuela, Ecuador, Mexico, Uruguay, the Dominican Republic, Colombia and Paraguay lagged somewhat behind, together comprising a further 29%.

Venezuela, with a CAGR of +20.1%, recorded the highest growth rate of 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 2021, the average export price for non-soap washing and cleaning preparations amounted to $X per ton, rising by 34% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-soap washing and cleaning preparations export price increased by +47.8% against 2018 indices. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Soap Washing and Cleaning Preparations

Imports into Chile

Non-soap washing and cleaning preparations imports into Chile soared to X tons in 2021, rising by 29% against the year before. Overall, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 32%. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, non-soap washing and cleaning preparations imports skyrocketed to $X in 2021. In general, total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +87.6% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Argentina (X tons) constituted the largest non-soap washing and cleaning preparations supplier to Chile, accounting for a 48% share of total imports. Moreover, non-soap washing and cleaning preparations imports from Argentina exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Mexico (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Argentina amounted to +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+16.5% per year) and Mexico (+16.4% per year).

In value terms, Argentina ($X) constituted the largest supplier of non-soap washing and cleaning preparations to Chile, comprising 33% of total imports. The second position in the ranking was held by Mexico ($X), with a 16% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Argentina totaled +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+15.2% per year) and China (+13.4% per year).

Import Prices by Country

In 2021, the average import price for non-soap washing and cleaning preparations amounted to $X per ton, with an increase of 9.1% against the previous year. In general, the import price, however, recorded a pronounced decrease. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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