Carbonates; Potassium Carbonate Price in Chile - 2023
Contents:
- Carbonates; Potassium Carbonate Price in Chile (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Chile (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Chile
- Carbonates; Potassium Carbonate Exports in Chile
Carbonates; Potassium Carbonate Price in Chile (CIF) - 2022
In 2022, the average carbonates; potassium carbonate import price amounted to $1,436 per ton, waning by -24.1% against the previous year. In general, the import price, however, showed a modest expansion. The growth pace was the most rapid in 2021 when the average import price increased by 137% against the previous year. As a result, import price reached the peak level of $1,891 per ton, and then reduced markedly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($1,763 per ton) and South Korea ($1,515 per ton), while the price for the United States ($1,295 per ton) and Germany ($1,482 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Carbonates; Potassium Carbonate Price in Chile (FOB) - 2022
The average carbonates; potassium carbonate export price stood at $1,023 per ton in 2022, jumping by 126% against the previous year. Overall, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 an increase of 286% against the previous year. The export price peaked at $20,348 per ton in 2015; however, from 2016 to 2022, 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 2022, the rate of growth in terms of prices for Spain amounted to -12.9% per year.
Carbonates; Potassium Carbonate Imports in Chile
In 2022, carbonates; potassium carbonate imports into Chile soared to 1.8K tons, growing by 25% against the previous year. Over the period under review, imports, however, saw a deep contraction.
In value terms, carbonates; potassium carbonate imports contracted to $2.7M in 2022. The total import value increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports attained the peak of $2.8M, and then dropped in the following year.
Import of Carbonates; Potassium Carbonate in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 869 | 1,126 | 1,745 | 1,236 | 12.5% |
United States | 127 | 91.4 | 142 | 1,088 | 104.6% |
Germany | 60.4 | 207 | 369 | 148 | 34.8% |
China | 47.4 | 142 | 285 | 127 | 38.9% |
Russia | 647 | 474 | 0.1 | N/A | -98.8% |
Brazil | 89.4 | 82.7 | 58.7 | N/A | -19.0% |
Others | 64.0 | 95.5 | 200 | 55.4 | -4.7% |
Total | 1,904 | 2,219 | 2,800 | 2,654 | 11.7% |
Top Suppliers of Carbonates; Potassium Carbonate to Chile in 2022:
- United States (840.1 tons)
- South Korea (816.0 tons)
- Germany (100.1 tons)
- China (72.0 tons)
Carbonates; Potassium Carbonate Exports in Chile
In 2022, carbonates; potassium carbonate exports from Chile reduced notably to 5 tons, waning by -55.8% compared with the previous year. In general, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 313% against the previous year. As a result, the exports attained the peak of 11 tons, and then declined dramatically in the following year.
In value terms, carbonates; potassium carbonate exports stood at $5.1K in 2022. Overall, exports showed a deep reduction. The smallest decline of -48.2% was in 2020.
Export of Carbonates; Potassium Carbonate in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bolivia | 1.0 | 5.1 | 4.1 | 5.1 | 72.1% |
Singapore | 8.6 | N/A | N/A | N/A | 0% |
Argentina | N/A | N/A | 1.0 | N/A | 0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 9.8 | 5.1 | 5.1 | 5.1 | -19.6% |
Top Export Markets for Carbonates; Potassium Carbonate from Chile in 2022:
- Bolivia (5.0 tons)
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