Chile: Fluoropolymers Market 2024

Fluoropolymers Market Size in Chile

The Chilean fluoropolymers market dropped to $X in 2023, with a decrease of X% against the previous year. In general, consumption showed a mild reduction. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Fluoropolymers Production in Chile

In value terms, fluoropolymers production fell to $X in 2023 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Fluoropolymers Exports

Exports from Chile

In 2023, approx. X tons of fluoropolymers were exported from Chile; growing by X% against the previous year's figure. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fluoropolymers exports skyrocketed to $X in 2023. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

Uruguay (X tons) was the main destination for fluoropolymers exports from Chile, accounting for a X% share of total exports. Moreover, fluoropolymers exports to Uruguay exceeded the volume sent to the second major destination, the United States (X tons), ninefold.

From 2012 to 2023, the average annual rate of growth in terms of volume to Uruguay was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Bolivia (X% per year).

In value terms, Uruguay ($X) emerged as the key foreign market for fluoropolymers exports from Chile, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with an X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value to Uruguay was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Bolivia (X% per year).

Export Prices by Country

The average fluoropolymers export price stood at $X per ton in 2023, waning by X% against the previous year. Overall, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (X%).

Fluoropolymers Imports

Imports into Chile

In 2023, approx. X tons of fluoropolymers were imported into Chile; shrinking by X% on 2022 figures. Over the period under review, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2023, the growth of imports failed to regain momentum.

In value terms, fluoropolymers imports declined to $X in 2023. In general, imports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, China (X tons) constituted the largest supplier of fluoropolymers to Chile, accounting for a X% share of total imports. Moreover, fluoropolymers imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. Argentina (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Argentina (X% per year).

In value terms, China ($X) constituted the largest supplier of fluoropolymers to Chile, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Argentina (X% per year).

Import Prices by Country

The average fluoropolymers import price stood at $X per ton in 2023, falling by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform