Chalk Market in Chile
Market Overview
In 
, the Chilean chalk market increased by % to $, rising for the second year in a row after three years of decline. Overall, consumption, however, recorded a noticeable contraction. Over the period under review, the market hit record highs at $ in 2015; however, from 2016 to , consumption stood at a somewhat lower figure.
, the Chilean chalk market increased by % to $, rising for the second year in a row after three years of decline. Overall, consumption, however, recorded a noticeable contraction. Over the period under review, the market hit record highs at $ in 2015; however, from 2016 to , consumption stood at a somewhat lower figure.Consumption
In , consumption of chalk increased by % to tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption, however, showed a abrupt shrinkage. Over the period under review, consumption hit record highs at tons in 2017; however, from 2018 to , consumption failed to regain momentum.
The revenue of the chalk market in Chile skyrocketed to $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a noticeable shrinkage. Over the period under review, the market attained the peak level at $ in 2015; however, from 2016 to , consumption failed to regain momentum.
, consumption of chalk increased by % to tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption, however, showed a abrupt shrinkage. Over the period under review, consumption hit record highs at tons in 2017; however, from 2018 to , consumption failed to regain momentum.The revenue of the chalk market in Chile skyrocketed to $
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a noticeable shrinkage. Over the period under review, the market attained the peak level at $ in 2015; however, from 2016 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for chalk in Chile, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Chalk market in Chile consists almost entirely of imported products.
Trade Balance
Chile remains a net importer of chalk; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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