Chile: Plastic Box Market 2024

Plastic Box Market Size in Chile

For the eighth consecutive year, the Chilean plastic box market recorded growth in sales value, which increased by X% to $X in 2022. In general, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2012 indices. Plastic box consumption peaked in 2022 and is expected to retain growth in the near future.

Plastic Box Production in Chile

In value terms, plastic box production amounted to $X in 2022 estimated in export price. Overall, production continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Plastic box production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Plastic Box Exports

Exports from Chile

In 2022, plastic box exports from Chile shrank to X tons, stabilizing at 2021. Over the period under review, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic box exports amounted to $X in 2022. In general, exports showed a abrupt descent. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X tons), Peru (X tons) and the United States (X tons) were the main destinations of plastic box exports from Chile, together comprising X% of total exports. Argentina, Uruguay, Ecuador, Colombia and Brazil lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Uruguay (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for plastic box exported from Chile were Peru ($X), Mexico ($X) and the United States ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Peru, 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 mixed trend patterns.

Export Prices by Country

The average plastic box export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, continues to indicate a slight setback. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Argentina ($X per ton) and Peru ($X per ton), while the average price for exports to the United States ($X per ton) and Colombia ($X per ton) were amongst the lowest.

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

Plastic Box Imports

Imports into Chile

In 2022, purchases abroad of plastic boxes, cases, crates and similar packing articles increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, plastic box imports reduced modestly to $X in 2022. In general, imports showed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then dropped modestly in the following year.

Imports by Country

China (X tons), Peru (X tons) and Colombia (X tons) were the main suppliers of plastic box imports to Chile, with a combined X% share of total imports. The United States, Italy, the UK, Bolivia, Argentina and Mexico lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bolivia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Peru ($X) and Colombia ($X) constituted the largest plastic box suppliers to Chile, with a combined X% share of total imports. The United States, Italy, the UK, Bolivia, Argentina and Mexico lagged somewhat behind, together comprising a further X%.

Bolivia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic box import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price saw a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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