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Chile - Instruments Used In Medical Sciences - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedical Instruments Price in Chile - 2023
Contents:
- Medical Instruments Price in Chile (CIF) - 2023
- Medical Instruments Price in Chile (FOB) - 2022
- Medical Instruments Imports in Chile
- Medical Instruments Exports in Chile
Medical Instruments Price in Chile (CIF) - 2023
In July 2023, the average medical instruments import price amounted to $216K per ton, rising by 7.7% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 25% m-o-m. The import price peaked at $238K per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Japan ($194K per ton) and South Korea ($166K per ton), while the price for China ($141K per ton) and the United States ($163K per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Medical Instruments Price in Chile (FOB) - 2022
In 2022, the average medical instruments export price amounted to $64,848 per ton, with an increase of 39% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $72,209 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Peru ($64,953 per ton) and Colombia ($64,931 per ton), while the average price for exports to Argentina ($64,442 per ton) and Ecuador ($64,461 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Medical Instruments Imports in Chile
In 2022, after three years of growth, there was significant decline in supplies from abroad of instruments used in medical sciences, when their volume decreased by -31.8% to 9.1K tons. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 175% against the previous year. As a result, imports attained the peak of 13K tons, and then shrank dramatically in the following year.
In value terms, medical instruments imports expanded rapidly to $263M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 35%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
Import of Medical Instruments in Chile (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 70.9 | 54.3 | 82.0 | 79.0 | 3.7% |
Germany | 41.2 | 34.5 | 29.9 | 40.2 | -0.8% |
China | 19.4 | 19.6 | 32.6 | 31.6 | 17.7% |
Mexico | 18.2 | 14.9 | 17.4 | 21.0 | 4.9% |
Japan | 9.2 | 7.9 | 7.8 | 9.7 | 1.8% |
France | 5.0 | 3.9 | 4.4 | 6.0 | 6.3% |
Italy | 3.5 | 4.5 | 4.8 | 5.6 | 17.0% |
Ireland | 2.6 | 2.7 | 4.2 | 5.2 | 26.0% |
Switzerland | 4.9 | 3.2 | 3.7 | 4.5 | -2.8% |
Israel | 1.7 | 1.4 | 5.0 | 4.2 | 35.2% |
Costa Rica | 3.3 | 2.3 | 3.2 | 3.9 | 5.7% |
Others | 43.2 | 36.4 | 55.0 | 52.5 | 6.7% |
Total | 223 | 186 | 250 | 263 | 5.7% |
Top Suppliers of Medical Instruments to Chile in 2022:
- United States (2693.1 tons)
- Germany (1383.3 tons)
- China (1177.9 tons)
- Mexico (720.3 tons)
- Japan (310.6 tons)
- France (204.2 tons)
- Italy (195.9 tons)
- Ireland (177.7 tons)
- Switzerland (155.5 tons)
- Israel (145.1 tons)
- Costa Rica (134.8 tons)
Medical Instruments Exports in Chile
In 2022, exports of instruments used in medical sciences from Chile fell dramatically to 146 tons, which is down by -19.2% against the year before. In general, exports continue to indicate a noticeable shrinkage. The growth pace was the most rapid in 2021 when exports increased by 63% against the previous year. As a result, the exports reached the peak of 181 tons, and then declined sharply in the following year.
In value terms, medical instruments exports totaled $9.5M in 2022. Over the period under review, total exports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Medical Instruments in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3,189 | 1,815 | 4,040 | 3,763 | 5.7% |
Germany | 2,550 | 1,790 | 2,310 | 1,816 | -10.7% |
Argentina | 487 | 410 | 140 | 1,038 | 28.7% |
Bolivia | 480 | 416 | 244 | 453 | -1.9% |
Netherlands | 289 | 10.3 | 17.5 | 402 | 11.6% |
Peru | 149 | 298 | 859 | 374 | 35.9% |
Israel | N/A | 2.8 | N/A | 324 | 975.7% |
Mexico | 21.6 | 36.5 | 78.9 | 283 | 135.7% |
Colombia | 93.4 | 10.9 | 19.6 | 244 | 37.7% |
Switzerland | 401 | 284 | 65.9 | 244 | -15.3% |
Brazil | 72.5 | 116 | 37.1 | 171 | 33.1% |
Others | 959 | 502 | 659 | 380 | -26.6% |
Total | 8,692 | 5,691 | 8,471 | 9,491 | 3.0% |
Top Export Markets for Medical Instruments from Chile in 2022:
- United States (58.0 tons)
- Germany (28.0 tons)
- Argentina (16.1 tons)
- Bolivia (7.0 tons)
- Netherlands (6.2 tons)
- Peru (5.8 tons)
- Israel (5.0 tons)
- Mexico (4.4 tons)
- Colombia (3.8 tons)
- Switzerland (3.8 tons)
- Brazil (2.6 tons)
This report provides an in-depth analysis of the medical instruments market in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32501333 - Instruments and apparatus for measuring blood-pressure (including sphygmomanometers, tensiometers, oscillometers)
- Prodcom 32501335 - Endoscopes for medical purposes
- Prodcom 32501353 - Renal dialysis equipment
- Prodcom 32501355 - Diathermic apparatus (including ultrasonic)
- Prodcom 32501363 - Transfusion apparatus (excluding special blood storage glass bottles)
- Prodcom 32501365 - Anaesthetic apparatus and instruments
- Prodcom 32501370 - Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s.
Country coverage:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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