Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Chile - 2024

Contents:

  1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Chile (CIF) - 2022
  2. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Chile (FOB) - 2022
  3. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Chile
  4. Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Chile

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Chile (CIF) - 2022

The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $46 per thousand units in 2022, which is down by -12.5% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2019 when the average import price increased by 21%. The import price peaked at $78 per thousand units in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($175 per thousand units), while the price for Colombia ($10 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Chile (FOB) - 2022

The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.1 per unit in 2022, rising by 26% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment increased by +74.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 39% against the previous year. Over the period under review, the average export prices reached the maximum at $0.1 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($0.2 per unit), while the average price for exports to Jamaica ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+64.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Chile

After three years of growth, supplies from abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment decreased by -7.9% to 1.7B units in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 61% against the previous year. As a result, imports attained the peak of 1.8B units, and then shrank in the following year.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment declined sharply to $76M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports attained the peak of $95M, and then declined notably in the following year.

Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22.425.749.836.717.9%
United States10.010.110.88.9-3.8%
Spain2.73.55.94.417.7%
Germany3.52.64.13.60.9%
Italy1.81.62.62.815.9%
South Korea2.52.41.52.0-7.2%
Brazil0.81.01.81.728.6%
France2.52.32.31.6-13.8%
India0.90.50.70.90.0%
Colombia0.80.80.50.6-9.1%
Others15.414.214.613.2-5.0%
Total63.564.894.776.36.3%

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Chile in 2022:

  1. China (1169.5M units)
  2. Spain (60.6M units)
  3. Colombia (55.8M units)
  4. South Korea (52.8M units)
  5. United States (50.8M units)
  6. Italy (48.9M units)
  7. India (38.1M units)
  8. Brazil (29.8M units)
  9. Germany (20.7M units)
  10. France (18.2M units)

Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Chile

Exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment from Chile fell to 20M units in 2022, waning by -11.2% against the previous year's figure. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 45%. As a result, the exports reached the peak of 23M units, and then fell in the following year.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment rose rapidly to $2.4M in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 102% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States17719617468356.8%
Peru12022816228433.3%
Panama11.81.383.1251177.1%
Argentina98.167.826.117621.5%
Bolivia18239.8170170-2.2%
Anguilla1.3N/AN/A169406.6%
Germany24.127.082.115987.6%
Paraguay67.812212296.812.6%
JamaicaN/A72.529.273.60.8%
Italy0.73.3N/A72.3369.2%
Mexico92.973.693248.3-19.6%
Costa RicaN/AN/A31.428.3-9.9%
Colombia25011712025.9-53.0%
Others12513325219716.4%
Total1,1521,0812,1842,43428.3%

Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Chile in 2022:

  1. United States (5.6M units)
  2. Panama (4.2M units)
  3. Peru (1.7M units)
  4. Jamaica (1.4M units)
  5. Argentina (1.3M units)
  6. Anguilla (1.1M units)
  7. Bolivia (0.9M units)
  8. Italy (0.9M units)
  9. Germany (0.8M units)
  10. Costa Rica (0.4M units)
  11. Paraguay (0.4M units)
  12. Mexico (0.3M units)
  13. Colombia (0.2M units)

Source: IndexBox Market Intelligence Platform

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