Price for Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate in Chile - 2023

Contents:

  1. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Chile (FOB) - 2022
  2. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Chile (CIF) - 2023
  3. Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Chile
  4. Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Chile

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Chile (FOB) - 2022

In 2022, the average export price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates amounted to $6,404 per ton, remaining stable against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable increase. The growth pace was the most rapid in 2016 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices reached the maximum at $12,714 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($14,700 per ton), while the average price for exports to Belgium ($5,960 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 the United States (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Chile (CIF) - 2023

In December 2023, the average import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates amounted to $471 per ton, surging by 57% against the previous month. Over the period under review, import price indicated pronounced growth from December 2022 to December 2023: its price increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates increased by +75.8% against September 2023 indices. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 63% month-to-month. As a result, import price reached the peak level of $514 per ton. From May 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($473 per ton), while the price for Vietnam ($146 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Chile

For the fourth year in a row, Chile recorded growth in overseas shipments of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates, which increased by 777% to 1.2M tons in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates surged to $7.8B in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1151593905,778269.0%
South Korea29723724796748.2%
Japan21410410351834.3%
Belgium10156.265.528641.5%
Others11062.380.621525.0%
Total8386198867,764110.0%

Top Export Markets for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate from Chile in 2022:

  1. China (918.6K tons)
  2. South Korea (141.7K tons)
  3. Japan (80.6K tons)
  4. Belgium (47.9K tons)

Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Chile

In 2022, the amount of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates imported into Chile skyrocketed to 711K tons, growing by 19% against 2021. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% 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 +62.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates surged to $243M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10610213220324.2%
China1.71.31.612.795.5%
Spain8.07.711.010.18.1%
Turkey4.13.913.82.2-18.7%
Others11.712.113.014.47.2%
Total13112717124322.9%

Top Suppliers of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate to Chile in 2022:

  1. United States (643.8K tons)
  2. China (21.7K tons)
  3. Spain (13.8K tons)
  4. Turkey (4.7K tons)

Source: IndexBox Market Intelligence Platform

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