Chile: Market for Tubes, Pipes And Hoses Of Vulcanized Rubber 2024

Market Size for Tubes, Pipes And Hoses Of Vulcanized Rubber in Chile

The Chilean rubber tube and pipe market dropped markedly to $X in 2023, falling by X% against the previous year. Overall, consumption, however, showed a prominent expansion. Rubber tube and pipe consumption peaked at $X in 2022, and then shrank rapidly in the following year.

Production of Tubes, Pipes And Hoses Of Vulcanized Rubber in Chile

In value terms, rubber tube and pipe production reached $X in 2023 estimated in export price. In general, production, however, showed resilient growth. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

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Exports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Exports from Chile

In 2023, rubber tube and pipe exports from Chile fell to X tons, reducing by X% on the previous year's figure. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, rubber tube and pipe exports stood at $X in 2023. Over the period under review, exports saw a noticeable decline. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X tons), Argentina (X tons) and Ireland (X tons) were the main destinations of rubber tube and pipe exports from Chile, together comprising X% of total exports. Norway, Bolivia, Colombia, Honduras, Mexico and Denmark lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Norway (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for rubber tube and pipe exported from Chile were Argentina ($X), Peru ($X) and Bolivia ($X), together accounting for X% of total exports. Ireland, Norway, Mexico, Colombia, Honduras and Denmark lagged somewhat behind, together accounting for a further X%.

Norway, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average rubber tube and pipe export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price showed a strong expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Peru ($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 Bolivia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Imports into Chile

After two years of growth, purchases abroad of tubes, pipes and hoses of vulcanized rubber decreased by X% to X tons in 2023. Over the period under review, imports, however, enjoyed a modest expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2022, and then contracted notably in the following year.

In value terms, rubber tube and pipe imports contracted to $X in 2023. In general, total imports indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2022, and then shrank in the following year.

Imports by Country

In 2023, China (X tons) constituted the largest rubber tube and pipe supplier to Chile, with a X% share of total imports. Moreover, rubber tube and pipe imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The third position in this ranking was taken by Mexico (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate 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 Mexico (X% per year).

In value terms, the United States ($X), China ($X) and Germany ($X) constituted the largest rubber tube and pipe suppliers to Chile, with a combined X% share of total imports. Mexico, Italy, the Czech Republic, Spain, Brazil, India, Portugal, Malaysia, Turkey and Austria lagged somewhat behind, together comprising a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 rubber tube and pipe import price stood at $X per ton in 2023, with an increase of X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform