Price for Ethylene Polymers; Waste, Parings and Scrap in Chile - 2024

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in Chile (FOB) - 2024
2. Price for Ethylene Polymers; Waste, Parings and Scrap in Chile (CIF) - 2022
3. Exports of Ethylene Polymers; Waste, Parings and Scrap in Chile
4. Imports of Ethylene Polymers; Waste, Parings and Scrap in Chile

Price for Ethylene Polymers; Waste, Parings and Scrap in Chile (FOB) - 2024

In January 2024, the average export price for ethylene polymers; waste, parings and scraps amounted to $509 per ton, increasing by 12% against the previous month. Over the last three-month period, it increased at an average monthly rate of +10.0%. The most prominent rate of growth was recorded in November 2023 an increase of 27% month-to-month. The export price peaked in January 2024.

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

From October 2023 to January 2024, the rate of growth in terms of prices for Vietnam amounted to +67.5% per month.

Price for Ethylene Polymers; Waste, Parings and Scrap in Chile (CIF) - 2022

The average import price for ethylene polymers; waste, parings and scraps stood at $1,164 per ton in 2022, picking up by 21% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ethylene polymers; waste, parings and scraps decreased by -10.7% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 139%. As a result, import price reached the peak level of $1,303 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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 Bolivia ($1,457 per ton), while the price for South Korea ($831 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+39.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ethylene Polymers; Waste, Parings and Scrap in Chile

In 2022, exports of ethylene polymers; waste, parings and scraps from Chile totaled 5.3K tons, increasing by 3% compared with the previous year's figure. The total export volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 26%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of ethylene polymers; waste, parings and scraps reduced to $1.6M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47%. As a result, the exports attained the peak of $1.9M, and then shrank in the following year.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Chile in 2022:

1. Brazil (2475.0 tons)
2. Peru (1262.1 tons)
3. Vietnam (1258.4 tons)
4. Pakistan (198.7 tons)
5. Malaysia (21.0 tons)

Imports of Ethylene Polymers; Waste, Parings and Scrap in Chile

In 2022, imports of ethylene polymers; waste, parings and scraps into Chile shrank sharply to 299 tons, falling by -50.5% on the year before. Over the period under review, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 2,138% against the previous year. As a result, imports attained the peak of 605 tons, and then reduced notably in the following year.

In value terms, imports of ethylene polymers; waste, parings and scraps declined significantly to $349K in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,546%. As a result, imports attained the peak of $580K, and then shrank markedly in the following year.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Chile in 2022:

1. Spain (92.3 tons)
2. United States (81.2 tons)
3. Colombia (42.0 tons)
4. South Korea (39.0 tons)
5. Taiwan (Chinese) (25.0 tons)
6. Bolivia (19.8 tons)
7. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform