Price for Waste, Parings and Scrap, of Plastics in Chile - 2023

Contents:

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

Price for Waste, Parings and Scrap, of Plastics in Chile (FOB) - 2022

The average export price for waste, parings and scrap, of plasticses stood at $677 per ton in 2022, increasing by 33% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for waste, parings and scrap, of plasticses increased by +112.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 45%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($1,062 per ton), while the average price for exports to India ($132 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Waste, Parings and Scrap, of Plastics in Chile (CIF) - 2022

In 2022, the average import price for waste, parings and scrap, of plasticses amounted to $668 per ton, picking up by 6.5% against the previous year. In general, the import price, however, continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 30%. Over the period under review, average import prices reached the maximum at $1,086 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,561 per ton), while the price for Argentina ($475 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Waste, Parings and Scrap, of Plastics in Chile

In 2022, shipments abroad of waste, parings and scrap, of plasticses decreased by -1.5% to 9.5K tons, falling for the second consecutive year after two years of growth. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 8.3%. As a result, the exports attained the peak of 10K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of waste, parings and scrap, of plasticses surged to $6.5M in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 39% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Waste, Parings and Scrap, of Plastics from Chile in 2022:

1. Vietnam (2705.8 tons)
2. Peru (1427.4 tons)
3. Mexico (1108.2 tons)
4. Spain (730.3 tons)
5. Brazil (661.3 tons)
6. Malaysia (572.0 tons)
7. Bolivia (564.8 tons)
8. United States (276.6 tons)
9. Ecuador (209.8 tons)
10. Hong Kong SAR (125.8 tons)
11. Thailand (117.9 tons)
12. Indonesia (103.7 tons)
13. India (49.8 tons)

Imports of Waste, Parings and Scrap, of Plastics in Chile

In 2022, overseas purchases of waste, parings and scrap, of plasticses decreased by -5% to 3.6K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 90%. As a result, imports reached the peak of 3.8K tons, and then fell in the following year.

In value terms, imports of waste, parings and scrap, of plasticses totaled $2.4M in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 146%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Waste, Parings and Scrap, of Plastics to Chile in 2022:

1. China (2429.3 tons)
2. Peru (311.6 tons)
3. Ecuador (248.9 tons)
4. Panama (169.6 tons)
5. United States (121.8 tons)
6. Spain (92.3 tons)
7. Argentina (28.5 tons)
8. Bolivia (19.8 tons)

Source: IndexBox Market Intelligence Platform