Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Chile - 2024

Contents:

  1. Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Chile (CIF) - 2022
  2. Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Chile (FOB) - 2022
  3. Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Chile
  4. Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Chile

Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Chile (CIF) - 2022

In 2022, the average import price for machines and mechanical appliances; parts, of those having individual functionses amounted to $15,156 per ton, with a decrease of -40.5% against the previous year. Overall, the import price recorded a abrupt setback. The growth pace was the most rapid in 2017 an increase of 29%. The import price peaked at $28,662 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($34,517 per ton), while the price for China ($7,025 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Chile (FOB) - 2022

In 2022, the average export price for machines and mechanical appliances; parts, of those having individual functionses amounted to $13,925 per ton, with an increase of 27% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 machines and mechanical appliances; parts, of those having individual functionses increased by +82.7% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by 28% against the previous year. The export price peaked at $14,160 per ton 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 Peru ($22,686 per ton), while the average price for exports to South Africa ($5,556 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 the United States (+11.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Chile

For the fourth year in a row, Chile recorded growth in overseas purchases of machines and mechanical appliances; parts, of those having individual functionses, which increased by 150% to 3.7K tons in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses surged to $57M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.82.43.516.9111.0%
United States4.55.48.18.724.6%
Italy3.82.94.55.915.8%
Germany5.17.45.15.0-0.7%
Spain1.12.51.83.039.7%
Brazil0.81.51.22.648.1%
Finland1.51.52.51.3-4.7%
Others16.17.411.613.3-6.2%
Total34.531.038.256.617.9%

Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Chile in 2022:

  1. China (2401.0 tons)
  2. United States (285.1 tons)
  3. Italy (218.7 tons)
  4. Spain (187.9 tons)
  5. Germany (164.1 tons)
  6. Brazil (156.4 tons)
  7. Finland (36.3 tons)

Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Chile

In 2022, after two years of decline, there was significant growth in overseas shipments of machines and mechanical appliances; parts, of those having individual functionses, when their volume increased by 41% to 442 tons. In general, exports, however, saw a abrupt descent.

In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses soared to $6.2M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain7987265861,29317.5%
Argentina1512131901,257102.7%
Peru43839242492428.3%
Brazil1287.639.663170.2%
South Africa723495393444-15.0%
Iceland410190401240-16.3%
Norway387584419229-16.0%
FinlandN/AN/AN/A1740%
United States189285260146-8.2%
Others994725743822-6.1%
Total4,2183,6193,4546,15913.4%

Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Chile in 2022:

  1. Argentina (92.6 tons)
  2. Spain (84.5 tons)
  3. South Africa (79.8 tons)
  4. Peru (40.7 tons)
  5. Brazil (31.2 tons)
  6. Norway (27.0 tons)
  7. Iceland (26.7 tons)
  8. Finland (20.8 tons)
  9. United States (6.7 tons)

Source: IndexBox Market Intelligence Platform

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