Chile: Market for Parts Of Apparatus Of Hs 2024

Market Size for Parts Of Apparatus Of Hs in Chile

For the third year in a row, the Chilean market for parts of apparatus of hs recorded growth in sales value, which increased by 40% to $X in 2021. Over the period under review, the total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +117.7% against 2015 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Parts Of Apparatus Of Hs in Chile

In value terms, parts of apparatus of hs production dropped to $X in 2021 estimated in export price. In general, production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by 28% against the previous year. Parts of apparatus of hs production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Parts Of Apparatus Of Hs

Exports from Chile

In 2021, shipments abroad of parts of apparatus of hs was finally on the rise to reach X units after three years of decline. In general, exports, however, saw a deep slump. The pace of growth appeared the most rapid in 2016 when exports increased by 31% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, parts of apparatus of hs exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a perceptible decrease. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Bolivia (X units), Peru (X units) and Paraguay (X units) were the main destinations of parts of apparatus of hs exports from Chile, together comprising 95% of total exports. Argentina lagged somewhat behind, comprising a further 1.5%.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +16.7%), while shipments for the other leaders experienced a decline.

In value terms, Bolivia ($X) remains the key foreign market for parts of apparatus of hs exports from Chile, comprising 52% of total exports. The second position in the ranking was held by Peru ($X), with a 19% share of total exports. It was followed by Paraguay, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bolivia totaled -3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-7.0% per year) and Paraguay (-3.2% per year).

Export Prices by Country

In 2021, the average export price for parts of apparatus of hs amounted to $X per unit, increasing by 47% against the previous year. Over the period under review, the export price posted a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 59% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Argentina ($X per unit), while the average price for exports to Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Apparatus Of Hs

Imports into Chile

In 2021, the amount of parts of apparatus of hs imported into Chile soared to X units, picking up by 103% against 2020. In general, imports enjoyed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, parts of apparatus of hs imports surged to $X in 2021. Overall, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest parts of apparatus of hs supplier to Chile, with a 75% share of total imports. Moreover, parts of apparatus of hs imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), ninefold. Vietnam (X units) ranked third in terms of total imports with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.7% per year) and Vietnam (+35.3% per year).

In value terms, China ($X) constituted the largest supplier of parts of apparatus of hs to Chile, comprising 71% of total imports. The second position in the ranking was taken by Vietnam ($X), with an 8.8% share of total imports. It was followed by the United States, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+44.5% per year) and the United States (+9.0% per year).

Import Prices by Country

In 2021, the average import price for parts of apparatus of hs amounted to $X per unit, flattening at the previous year. Over the last nine-year period, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2019 an increase of 34%. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Vietnam ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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