Price for Non-Furniture Refrigerating or Freezing Equipment in Chile - 2023
Contents:
- Price for Non-Furniture Refrigerating or Freezing Equipment in Chile (CIF) - 2023
- Price for Non-Furniture Refrigerating or Freezing Equipment in Chile (FOB) - 2022
- Imports of Non-Furniture Refrigerating or Freezing Equipment in Chile
- Exports of Non-Furniture Refrigerating or Freezing Equipment in Chile
Price for Non-Furniture Refrigerating or Freezing Equipment in Chile (CIF) - 2023
The average import price for non-furniture refrigerating or freezing equipment stood at $220 per unit in July 2023, declining by -2.5% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 36% against the previous month. The import price peaked at $267 per unit in February 2023; however, from March 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($506 per unit), while the price for China ($127 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Non-Furniture Refrigerating or Freezing Equipment in Chile (FOB) - 2022
In 2022, the average export price for non-furniture refrigerating or freezing equipment amounted to $89 per unit, with a decrease of -4.8% against the previous year. Overall, the export price recorded a perceptible descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 70%. The export price peaked at $148 per unit in 2020; however, from 2021 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 ($232 per unit), while the average price for exports to El Salvador ($50 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 Peru (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Furniture Refrigerating or Freezing Equipment in Chile
In 2022, non-furniture refrigerating or freezing equipment imports into Chile surged to 247K units, picking up by 20% against the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. Over the period under review, imports hit record highs at 253K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, non-furniture refrigerating or freezing equipment imports rose rapidly to $49M in 2022. Over the period under review, imports, however, continue to indicate a slight slump. The pace of growth appeared the most rapid in 2021 when imports increased by 25%. Imports peaked at $51M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Non-Furniture Refrigerating or Freezing Equipment in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.2 | 9.9 | 13.7 | 15.8 | 15.7% |
| Italy | 9.1 | 10.3 | 8.8 | 8.8 | -1.1% |
| Germany | 1.9 | 1.0 | 1.7 | 5.7 | 44.2% |
| Brazil | 2.2 | 1.1 | 1.6 | 3.5 | 16.7% |
| United States | 8.2 | 3.3 | 4.1 | 3.2 | -26.9% |
| Spain | 2.2 | 2.0 | 1.5 | 2.2 | 0.0% |
| France | 1.7 | 1.2 | 1.4 | 1.7 | 0.0% |
| South Korea | 2.0 | 1.0 | 2.1 | 1.3 | -13.4% |
| Denmark | 5.1 | 1.1 | 1.3 | 0.9 | -43.9% |
| Argentina | 1.8 | 1.5 | 1.4 | 0.3 | -45.0% |
| Others | 6.2 | 4.0 | 7.7 | 5.5 | -3.9% |
| Total | 50.6 | 36.3 | 45.4 | 48.7 | -1.3% |
Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to Chile in 2022:
- China (116.1K units)
- Italy (30.3K units)
- Germany (14.4K units)
- United States (14.1K units)
- Brazil (11.6K units)
- France (9.8K units)
- Spain (7.2K units)
- South Korea (5.0K units)
- Denmark (1.6K units)
- Argentina (0.8K units)
Exports of Non-Furniture Refrigerating or Freezing Equipment in Chile
In 2022, approx. 56K units of non-furniture refrigerating or freezing equipment were exported from Chile; rising by 129% against the previous year. In general, exports saw a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 196% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, non-furniture refrigerating or freezing equipment exports skyrocketed to $5M in 2022. Overall, exports continue to indicate strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Non-Furniture Refrigerating or Freezing Equipment in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 762 | 156 | 586 | 2,043 | 38.9% |
| Ecuador | 536 | 79.0 | 283 | 1,321 | 35.1% |
| Bolivia | 480 | 601 | 875 | 529 | 3.3% |
| Peru | 720 | 228 | 281 | 504 | -11.2% |
| Venezuela | N/A | N/A | N/A | 153 | 0% |
| El Salvador | 29.9 | N/A | 28.5 | 91.6 | 45.2% |
| Colombia | 839 | N/A | N/A | N/A | 0% |
| China | 273 | N/A | N/A | N/A | 0% |
| Others | 413 | 171 | 247 | 364 | -4.1% |
| Total | 4,052 | 1,236 | 2,301 | 5,005 | 7.3% |
Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from Chile in 2022:
- Panama (30.2K units)
- Ecuador (17.5K units)
- Bolivia (4.6K units)
- Peru (2.2K units)
- Venezuela (1.9K units)
- El Salvador (1.8K units)
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