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Chile - Liquefied Petroleum Gas (LPG) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Liquefied Petroleum Gas (LPG) in Chile - 2023
Contents:
- Price for Liquefied Petroleum Gas (LPG) in Chile (CIF) - 2023
- Price for Liquefied Petroleum Gas (LPG) in Chile (FOB) - 2023
- Imports of Liquefied Petroleum Gas (LPG) in Chile
- Exports of Liquefied Petroleum Gas (LPG) in Chile
Price for Liquefied Petroleum Gas (LPG) in Chile (CIF) - 2023
The average liquefied petroleum gas (LPG) import price stood at $455 per ton in September 2023, growing by 6.9% against the previous month. Over the period under review, the import price, however, continues to indicate a noticeable shrinkage. The growth pace was the most rapid in February 2023 when the average import price increased by 9.9% m-o-m. The import price peaked at $670 per ton in October 2022; however, from November 2022 to September 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($482 per ton), while the price for Argentina totaled $385 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Argentina (-2.6%).
Price for Liquefied Petroleum Gas (LPG) in Chile (FOB) - 2023
In September 2023, the average liquefied petroleum gas (LPG) export price amounted to $419 per ton, rising by 6.2% against the previous month. Over the period under review, the export price, however, showed a noticeable decrease. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 59% against the previous month. The export price peaked at $906 per ton in December 2022; however, from January 2023 to September 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Peru.
From September 2022 to September 2023, the rate of growth in terms of prices for Ghana amounted to 0.0% per month.
Imports of Liquefied Petroleum Gas (LPG) in Chile
For the fourth year in a row, Chile recorded growth in overseas purchases of liquefied petroleum gas (LPG), which increased by 14% to 1.4M tons in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 27%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, liquefied petroleum gas (LPG) imports soared to $1.2B in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 94%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Liquefied Petroleum Gas (LPG) in Chile (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 317 | 341 | 660 | 840 | 38.4% |
Argentina | 116 | 105 | 215 | 277 | 33.7% |
Others | 0.5 | 14.7 | 21.2 | 34.6 | 310.6% |
Total | 433 | 461 | 896 | 1,151 | 38.5% |
Top Suppliers of Liquefied Petroleum Gas (LPG) to Chile in 2022:
- United States (1156.7K tons)
- Argentina (242.4K tons)
Exports of Liquefied Petroleum Gas (LPG) in Chile
In 2022, the amount of liquefied petroleum gas (LPG) exported from Chile skyrocketed to 300K tons, with an increase of 31% against 2021. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 275%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, liquefied petroleum gas (LPG) exports skyrocketed to $185M in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 257%. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of Liquefied Petroleum Gas (LPG) in Chile (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Dominican Republic | 2.3 | 6.0 | 20.5 | 39.0 | 156.9% |
Peru | 0.5 | 6.0 | 4.7 | 35.7 | 314.9% |
Kenya | 10.1 | 1.8 | 23.8 | 24.9 | 35.1% |
South Africa | 1.1 | 28.8 | 58.5 | 22.2 | 172.3% |
Anguilla | N/A | N/A | N/A | 14.8 | 0% |
Brazil | N/A | N/A | N/A | 14.3 | 0% |
Colombia | N/A | N/A | N/A | 14.1 | 0% |
Tanzania | N/A | N/A | 9.5 | 10.3 | 8.4% |
Ecuador | 1.0 | 1.8 | 4.1 | 3.1 | 45.8% |
Sri Lanka | N/A | 19.4 | 8.3 | N/A | -57.2% |
Mozambique | 4.5 | 4.8 | N/A | N/A | 6.7% |
Others | 2.3 | 9.0 | 5.3 | 7.0 | 44.9% |
Total | 21.7 | 77.6 | 135 | 185 | 104.3% |
Top Export Markets for Liquefied Petroleum Gas (LPG) from Chile in 2022:
- Kenya (56.7K tons)
- Peru (52.6K tons)
- Dominican Republic (46.9K tons)
- South Africa (37.1K tons)
- Ecuador (27.8K tons)
- Brazil (23.8K tons)
- Colombia (18.7K tons)
- Anguilla (17.8K tons)
- Tanzania (10.6K tons)
This report provides an in-depth analysis of the market for liquefied petroleum gas (lpg) 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:
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.
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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
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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
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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
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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
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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
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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
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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
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