Petroleum Jelly Price in Chile - 2023

Contents:

1. Petroleum Jelly Price in Chile (CIF) - 2022
2. Petroleum Jelly Price in Chile (FOB) - 2022
3. Petroleum Jelly Imports in Chile
4. Petroleum Jelly Exports in Chile

Petroleum Jelly Price in Chile (CIF) - 2022

In 2022, the average petroleum jelly import price amounted to $2,398 per ton, surging by 36% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, import price reached 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 the Netherlands ($3,654 per ton), while the price for India ($2,137 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Petroleum Jelly Price in Chile (FOB) - 2022

The average petroleum jelly export price stood at $4,534 per ton in 2022, picking up by 44% against the previous year. In general, the export price continues to indicate strong growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 77% against the previous year. As a result, the export price attained the peak level of $6,022 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +5.7% per year.

Petroleum Jelly Imports in Chile

In 2022, imports of petroleum jellies into Chile contracted rapidly to 481 tons, waning by -27.5% compared with 2021 figures. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 6.5%.

In value terms, petroleum jelly imports reduced modestly to $1.2M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 14%.

Top Suppliers of Petroleum Jelly to Chile in 2022:

1. Germany (278.9 tons)
2. India (174.2 tons)
3. United States (15.8 tons)
4. Netherlands (7.4 tons)

Petroleum Jelly Exports in Chile

In 2022, approx. 307 kg of petroleum jellies were exported from Chile; picking up by 17% on the year before. Overall, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 92% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, petroleum jelly exports soared to $1.4K in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 78%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Petroleum Jelly from Chile in 2022:

1. Argentina (307.0 kg)

Source: IndexBox Market Intelligence Platform