Price for Cutlery; Other than Plated with Precious Metal in Chile - 2024
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in Chile (CIF) - 2024
- Price for Cutlery; Other than Plated with Precious Metal in Chile (FOB) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in Chile
- Exports of Cutlery; Other than Plated with Precious Metal in Chile
Price for Cutlery; Other than Plated with Precious Metal in Chile (CIF) - 2024
In January 2024, the average import price for cutlery; other than plated with precious metals amounted to $1,949 per ton, increasing by 12% against the previous month. Over the period under review, the import price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 236% m-o-m. The import price peaked at $4,770 per ton in March 2023; however, from April 2023 to January 2024, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2023 to January 2024, the rate of growth in terms of prices for China amounted to -4.6% per month.
Price for Cutlery; Other than Plated with Precious Metal in Chile (FOB) - 2022
In 2022, the average export price for cutlery; other than plated with precious metals amounted to $11,311 per ton, leveling off at the previous year. Over the period under review, the export price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 115% against the previous year. Over the period under review, the average export prices attained the peak figure at $59,757 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($24,383 per ton), while the average price for exports to Mexico ($6,915 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+49.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cutlery; Other than Plated with Precious Metal in Chile
In 2022, imports of cutlery; other than plated with precious metals into Chile surged to 1.6K tons, rising by 21% compared with 2021 figures. Overall, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 84%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of cutlery; other than plated with precious metals totaled $6.7M in 2022. In general, imports, however, saw a mild setback. The growth pace was the most rapid in 2021 when imports increased by 88%.
| Import of Cutlery; Other than Plated with Precious Metal in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.9 | 2.9 | 5.4 | 5.6 | -1.7% |
| Brazil | 0.4 | 0.3 | 0.6 | 0.4 | 0.0% |
| India | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| Others | 0.5 | 0.3 | 0.6 | 0.5 | 0.0% |
| Total | 6.9 | 3.6 | 6.7 | 6.7 | -1.0% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to Chile in 2022:
- China (1549.2 tons)
- Brazil (27.9 tons)
- India (27.6 tons)
Exports of Cutlery; Other than Plated with Precious Metal in Chile
In 2022, overseas shipments of cutlery; other than plated with precious metals were finally on the rise to reach 13 tons after two years of decline. Overall, exports, however, saw a sharp contraction.
In value terms, exports of cutlery; other than plated with precious metals skyrocketed to $151K in 2022. In general, exports, however, continue to indicate a precipitous contraction.
| Export of Cutlery; Other than Plated with Precious Metal in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | N/A | 5.0 | 36.1 | 622.0% |
| Bolivia | 1,662 | 8.1 | 13.1 | 35.6 | -72.2% |
| Brazil | 3.8 | 1.3 | 0.4 | 20.6 | 75.7% |
| Peru | 95.7 | 32.7 | 18.6 | 16.0 | -44.9% |
| Spain | N/A | N/A | N/A | 14.0 | 0% |
| Colombia | 7.0 | 2.0 | 6.4 | 9.4 | 10.3% |
| Argentina | 3.2 | 1.5 | 4.1 | 7.1 | 30.4% |
| Paraguay | 104 | 30.3 | 13.8 | 2.8 | -70.0% |
| Dominican Republic | 36.8 | 62.6 | N/A | N/A | 70.1% |
| Others | 104 | 17.1 | 17.6 | 9.6 | -54.8% |
| Total | 2,016 | 156 | 79.0 | 151 | -57.8% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from Chile in 2022:
- Mexico (5.2 tons)
- Peru (1.7 tons)
- Bolivia (1.6 tons)
- Brazil (1.3 tons)
- Spain (1.3 tons)
- Argentina (0.7 tons)
- Colombia (0.6 tons)
- Paraguay (0.1 tons)
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