Report Update: May 1, 2024

Chile - Polystyrene, In Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Polystyrene Price in Chile - 2023

Polystyrene Price in Chile (CIF) - 2023

In September 2023, the average polystyrene import price amounted to $1,389 per ton, shrinking by -1.8% against the previous month. Overall, the import price recorded a perceptible descent. The pace of growth was the most pronounced in April 2023 an increase of 1.7% month-to-month. Over the period under review, average import prices reached the maximum at $2,144 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Guatemala ($2,322 per ton), while the price for South Korea ($1,234 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Brazil (-3.2%), while the prices for the other major suppliers experienced a decline.

Polystyrene Price in Chile (FOB) - 2023

The average polystyrene export price stood at $1,784 per ton in September 2023, dropping by -7% against the previous month. Overall, the export price showed a slight contraction. The pace of growth appeared the most rapid in January 2023 an increase of 286% against the previous month. As a result, the export price attained the peak level of $2,367 per ton. From February 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Argentina ($1,870 per ton), while the average price for exports to Spain ($661 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+4.8%), while the prices for the other major destinations experienced a decline.

Polystyrene Imports in Chile

For the fourth consecutive year, Chile recorded growth in supplies from abroad of polystyrene, which increased by 4.6% to 22K tons in 2022. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 7.3% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, polystyrene imports soared to $47M in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 60%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Polystyrene in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	14.3	13.3	21.7	29.9	27.9%
Brazil	2.0	3.1	4.7	7.3	54.0%
Argentina	3.9	2.2	3.3	3.8	-0.9%
Mexico	0.8	0.6	2.6	2.6	48.1%
Guatemala	N/A	N/A	0.8	1.1	37.5%
Taiwan (Chinese)	N/A	0.3	0.7	0.9	73.2%
South Korea	2.1	1.9	0.6	0.7	-30.7%
United States	2.1	1.9	2.2	N/A	2.4%
Others	0.9	0.9	2.2	1.2	10.1%
Total	26.1	24.2	38.7	47.5	22.1%

Top Suppliers of Polystyrene to Chile in 2022:

United States (undefinedK tons)
China (13.8K tons)
Brazil (3.0K tons)
Argentina (1.8K tons)
Mexico (1.2K tons)
Guatemala (0.7K tons)
Taiwan (Chinese) (0.4K tons)
South Korea (0.3K tons)

Polystyrene Exports in Chile

In 2022, overseas shipments of polystyrene decreased by -2.1% to 3.5K tons, falling for the second consecutive year after two years of growth. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +8.0% 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 decreased by -33.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 89%. As a result, the exports reached the peak of 5.2K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, polystyrene exports skyrocketed to $6.9M in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 70%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Polystyrene in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	1,622	2,508	2,924	5,825	53.1%
Paraguay	542	318	596	315	-16.5%
Brazil	80.3	1,446	29.0	179	30.6%
Mexico	N/A	N/A	330	161	-51.2%
China	87.2	174	187	157	21.7%
Malaysia	429	292	359	114	-35.7%
Spain	N/A	N/A	N/A	90.5	0%
Others	356	556	489	62.3	-44.1%
Total	3,117	5,294	4,914	6,903	30.3%

Top Export Markets for Polystyrene from Chile in 2022:

Argentina (2474.4 tons)
Malaysia (255.8 tons)
China (204.8 tons)
Paraguay (133.0 tons)
Spain (113.5 tons)
Mexico (110.3 tons)
Brazil (108.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polystyrene market 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:

Prodcom 20162035 - Expansible polystyrene, in primary forms
Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023