Chile: Market for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms 2024

Market Size for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms in Chile

The Chilean market for polyethylene with a specific gravity of less than X, in primary forms contracted notably to $X in 2023, which is down by X% against the previous year. Overall, consumption recorded a abrupt downturn. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Production of Polyethylene with a Specific Gravity of Less than X, in Primary Forms in Chile

In value terms, production of polyethylene with a specific gravity of less than X, in primary forms shrank to $X in 2023 estimated in export price. In general, production saw a deep contraction. The most prominent rate of growth was recorded in 2022 when the production volume increased by X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Exports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Exports from Chile

In 2023, after two years of growth, there was significant decline in shipments abroad of polyethylene with a specific gravity of less than X, in primary forms, when their volume decreased by X% to X tons. In general, exports faced a deep contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of polyethylene with a specific gravity of less than X, in primary forms contracted rapidly to $X in 2023. Overall, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Argentina (X tons), Colombia (X tons) and Brazil (X tons) were the main destinations of exports of polyethylene with a specific gravity of less than X, in primary forms from Chile, together accounting for X% of total exports. Peru, Ecuador, Bolivia and Mexico lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Bolivia (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Argentina ($X), Colombia ($X) and Brazil ($X) appeared to be the largest markets for polyethylene with a specific gravity of less than X exported from Chile worldwide, together accounting for X% of total exports. Peru, Ecuador, Bolivia and Mexico lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Bolivia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for polyethylene with a specific gravity of less than X, in primary forms stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2022, and then reduced remarkably in the following year.

Average prices varied somewhat for the major external markets. In 2023, amid the top suppliers, the countries with the highest prices were Mexico ($X per ton) and Ecuador ($X per ton), while the average price for exports to Argentina ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Imports into Chile

In 2023, imports of polyethylene with a specific gravity of less than X, in primary forms into Chile reduced remarkably to X tons, declining by X% on the previous year's figure. Overall, imports showed a pronounced reduction. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then contracted notably in the following year.

In value terms, imports of polyethylene with a specific gravity of less than X, in primary forms shrank markedly to $X in 2023. Over the period under review, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), Brazil (X tons) and Argentina (X tons) were the main suppliers of imports of polyethylene with a specific gravity of less than X, in primary forms to Chile, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the United States ($X), Brazil ($X) and Argentina ($X) were the largest polyethylene with a specific gravity of less than X suppliers to Chile, together comprising X% of total imports.

Among the main suppliers, Brazil, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2023, the average import price for polyethylene with a specific gravity of less than X, in primary forms amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2022 to 2023, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Mexico ($X per ton) and Spain ($X per ton), while the price for Brazil ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform