Chile's Bentonite Industry Booms in 2024 With Record Production, Exports
Chile's bentonite industry experienced a remarkable surge in 2024. Both production and consumption reached record highs, driving significant changes in the country's export landscape.
Bentonite exports from Chile soared to X tons in 2024, marking a year-on-year increase of X%. The value of these exports also surged, reaching $X, a prominent increase from the previous year. The average export price stood at $X per ton, dropping by X% compared to 2023.
Peru, Bolivia, and Suriname were the primary destinations for Chilean bentonite, together accounting for X% of total exports. However, the largest market remains unidentified in the provided sources. Other notable destinations included Argentina, Mexico, and Ecuador.
On the import front, Chile recorded a significant increase in purchases abroad. Imports rose to X tons, up by X% from the previous year. In value terms, imports reached $X, demonstrating a buoyant expansion.
The Chilean bentonite market totaled $X in 2024, with a year-on-year increase of X%. This growth was driven by strong domestic consumption, which peaked in 2024. Despite a slight decrease in average export prices, the overall value of exports increased significantly, reflecting the industry's robust performance.
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