Price for Carbides, Whether or Not Chemically Defined in Chile - 2023

Price for Carbides, Whether or Not Chemically Defined in Chile (CIF) - 2022

The average import price for carbides, whether or not chemically defineds stood at $1,896 per ton in 2022, jumping by 34% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. 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 China ($2,462 per ton), while the price for Argentina ($1,325 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbides, Whether or Not Chemically Defined in Chile (FOB) - 2022

In 2022, the average export price for carbides, whether or not chemically defineds amounted to $10,033 per ton, with an increase of 16% against the previous year. Over the period under review, the export price, however, showed a slight shrinkage. The growth pace was the most rapid in 2014 when the average export price increased by 439% against the previous year. As a result, the export price reached the peak level of $72,778 per ton. From 2015 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 Peru.

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to -0.8% per year.

Imports of Carbides, Whether or Not Chemically Defined in Chile

After three years of growth, supplies from abroad of carbides, whether or not chemically defineds decreased by -39.8% to 1.6K tons in 2022. In general, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. As a result, imports attained the peak of 2.6K tons, and then contracted remarkably in the following year.

In value terms, imports of carbides, whether or not chemically defineds reduced sharply to $3M in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 71% against the previous year. As a result, imports attained the peak of $3.7M, and then dropped dramatically in the following year.

Import of Carbides, Whether or Not Chemically Defined in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	347	411	1,290	1,184	50.5%
China	732	1,178	1,607	1,151	16.3%
Mexico	303	190	213	346	4.5%
Argentina	N/A	N/A	40.6	110	170.9%
Spain	37.7	113	234	N/A	149.1%
Slovakia	171	116	63.6	N/A	-39.0%
Others	79.5	136	226	177	30.6%
Total	1,671	2,144	3,673	2,969	21.1%

Top Suppliers of Carbides, Whether or Not Chemically Defined to Chile in 2022:

Brazil (738.7 tons)
China (467.5 tons)
Mexico (259.2 tons)
Argentina (83.2 tons)

Exports of Carbides, Whether or Not Chemically Defined in Chile

Exports of carbides, whether or not chemically defineds from Chile soared to 22 tons in 2022, picking up by 145% against 2021. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 524% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of carbides, whether or not chemically defineds skyrocketed to $218K in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 581%. The exports peaked in 2022 and are expected to retain growth in years to come.