Chile - Benzoic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBenzoic Acid Price in Chile - 2023
Contents:
- Benzoic Acid Price in Chile (CIF) - 2022
- Benzoic Acid Price in Chile (FOB) - 2022
- Benzoic Acid Imports in Chile
- Benzoic Acid Exports in Chile
Benzoic Acid Price in Chile (CIF) - 2022
The average benzoic acid import price stood at $2,736 per ton in 2022, with an increase of 34% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Argentina ($4,706 per ton), while the price for China ($2,225 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Benzoic Acid Price in Chile (FOB) - 2022
The average benzoic acid export price stood at $5,871 per ton in 2022, with an increase of 80% against the previous year. Over the period under review, the export price saw a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($8,000 per ton), while the average price for exports to Bolivia totaled $4,573 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.
Benzoic Acid Imports in Chile
In 2022, approx. 954 tons of benzoic acid, its salts and esters were imported into Chile; which is down by -10.5% on 2021. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. As a result, imports attained the peak of 1.1K tons, and then contracted in the following year.
In value terms, benzoic acid imports soared to $2.6M in 2022. In general, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 when imports increased by 69% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
Import of Benzoic Acid in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 472 | 455 | 910 | 953 | 26.4% |
Netherlands | 757 | 369 | 591 | 870 | 4.7% |
Estonia | 166 | 235 | 187 | 295 | 21.1% |
United States | 67.9 | 70.5 | 85.1 | 251 | 54.6% |
Argentina | N/A | 26.1 | 70.6 | 108 | 103.4% |
Others | 92.6 | 134 | 332 | 132 | 12.5% |
Total | 1,555 | 1,291 | 2,175 | 2,609 | 18.8% |
Top Suppliers of Benzoic Acid to Chile in 2022:
- China (428.5 tons)
- Netherlands (299.1 tons)
- Estonia (126.0 tons)
- United States (54.6 tons)
- Argentina (22.9 tons)
Benzoic Acid Exports in Chile
In 2022, after three years of growth, there was significant decline in shipments abroad of benzoic acid, its salts and esters, when their volume decreased by -97% to 132 kg. In general, exports faced a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, the exports attained the peak of 4.4 tons, and then dropped markedly in the following year.
In value terms, benzoic acid exports dropped dramatically to $775 in 2022. Overall, exports faced a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year. As a result, the exports reached the peak of $14K, and then declined remarkably in the following year.
Export of Benzoic Acid in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bolivia | N/A | N/A | 0.5 | 0.4 | -20.0% |
Dominican Republic | N/A | N/A | N/A | 0.4 | 0% |
Paraguay | N/A | N/A | 12.4 | N/A | 0% |
Peru | 8.2 | N/A | N/A | N/A | 0% |
Costa Rica | N/A | N/A | 1.3 | N/A | 0% |
United Arab Emirates | N/A | 9.3 | N/A | N/A | 0% |
Others | 0.2 | 0.7 | 0.2 | N/A | 0.0% |
Total | 8.4 | 10.0 | 14.4 | 0.8 | -54.3% |
Top Export Markets for Benzoic Acid from Chile in 2022:
- Bolivia (82.0 kg)
- Dominican Republic (50.0 kg)
This report provides an in-depth analysis of the benzoic acid market in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143363 - Benzoic acid, its salts and esters
Country coverage:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the benzoic acid market in Chile.
This report provides an in-depth analysis of the monocarboxylic acid market in Chile.
This report provides an in-depth analysis of the market for benzoyl peroxide and chloride in Chile.
This report provides an in-depth analysis of the acrylic acid esters market in Chile.
This report provides an in-depth analysis of the methacrylic acid esters market in Chile.
This report provides an in-depth analysis of the methacrylic acid market in Chile.
This report provides an in-depth analysis of the market for oleic, linoleic or linolenic acids in Chile.
This report provides an in-depth analysis of the phenylacetic acid market in Chile.
This report provides an in-depth analysis of the global benzoic acid market.
This report provides an in-depth analysis of the global monocarboxylic acid market.
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...