Price for Poly(Lactic Acid); in Primary Forms in Chile - 2023

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Chile (CIF) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in Chile (FOB) - 2022
  3. Imports of Poly(Lactic Acid); in Primary Forms in Chile
  4. Exports of Poly(Lactic Acid); in Primary Forms in Chile

Price for Poly(Lactic Acid); in Primary Forms in Chile (CIF) - 2022

The average import price for poly(lactic acid); in primary formses stood at $5,209 per ton in 2022, surging by 52% against the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $5,225 per ton in 2013; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($5,277 per ton), while the price for Germany amounted to $4,257 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Poly(Lactic Acid); in Primary Forms in Chile (FOB) - 2022

The average export price for poly(lactic acid); in primary formses stood at $5,400 per ton in 2022, rising by 31% against the previous year. In general, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2015 an increase of 65%. The export price peaked at $5,595 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +62.6% per year.

Imports of Poly(Lactic Acid); in Primary Forms in Chile

In 2022, approx. 17 tons of poly(lactic acid); in primary formses were imported into Chile; with a decrease of -83.3% on the previous year. Over the period under review, imports recorded a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 37%.

In value terms, poly(lactic acid); in primary forms imports declined remarkably to $88K in 2022. Overall, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 75%.

Import of Poly(Lactic Acid); in Primary Forms in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11395.218.579.1-11.2%
Germany0.20.30.87.7237.7%
China11.211.05.30.1-79.3%
Thailand6.527.7239N/A506.4%
France70.540.041.4N/A-23.4%
Italy15121.635.8N/A-51.3%
Others2.92.24.70.8-34.9%
Total35519834687.7-37.3%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Chile in 2022:

  1. China (undefined tons)
  2. United States (15.0 tons)
  3. Germany (1.8 tons)

Exports of Poly(Lactic Acid); in Primary Forms in Chile

In 2022, overseas shipments of poly(lactic acid); in primary formses decreased by -57.3% to 1.2 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a significant curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 35%. As a result, the exports reached the peak of 3.5 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, poly(lactic acid); in primary forms exports dropped significantly to $6.8K in 2022. Overall, exports faced a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 53% against the previous year. As a result, the exports attained the peak of $17K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Poly(Lactic Acid); in Primary Forms in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/AN/AN/A6.80%
Peru2.87.010.6N/A94.6%
Malaysia0.8N/AN/AN/A0%
United StatesN/A3.0N/AN/A0%
Uruguay2.26.2N/AN/A181.8%
Colombia4.9N/AN/AN/A0%
Brazil0.61.21.5N/A58.1%
Others0.1N/AN/AN/A0%
Total11.417.412.16.8-15.8%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from Chile in 2022:

  1. Argentina (1.3 tons)

Source: IndexBox Market Intelligence Platform

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