Price for Tugs and Pusher Craft in Chile - 2023

Contents:

1. Price for Tugs and Pusher Craft in Chile (CIF) - 2022
2. Price for Tugs and Pusher Craft in Chile (FOB) - 2022
3. Imports of Tugs and Pusher Craft in Chile
4. Exports of Tugs and Pusher Craft in Chile

Price for Tugs and Pusher Craft in Chile (CIF) - 2022

The average tugs and pusher craft import price stood at $4,038,139 per unit in 2022, picking up by 20% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 37,721% against the previous year. Over the period under review, average import prices reached the maximum at $5,824,160 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($6,728,513 per unit), while the price for the United States ($139,318 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+54.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tugs and Pusher Craft in Chile (FOB) - 2022

The average tugs and pusher craft export price stood at $2,305,366 per unit in 2022, jumping by 28% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 870%. As a result, the export price reached the peak level of $29,903,557 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($4,389,386 per unit), while the average price for exports to Bolivia totaled $25,893 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+42.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tugs and Pusher Craft in Chile

In 2022, approx. 7 units of tugs and pusher crafts were imported into Chile; surging by 250% compared with the previous year. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tugs and pusher craft imports surged to $29M in 2022. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 439% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Tugs and Pusher Craft to Chile in 2022:

1. China (3.0 units)
2. Turkey (2.0 units)
3. United States (1.0 units)
4. Brazil (1.0 units)

Exports of Tugs and Pusher Craft in Chile

In 2022, shipments abroad of tugs and pusher crafts decreased by -33.3% to 2 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 200% against the previous year. As a result, the exports reached the peak of 3 units, and then declined notably in the following year.

In value terms, tugs and pusher craft exports declined dramatically to $4.4M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.6% 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 +28.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 30%. As a result, the exports reached the peak of $5.5M, and then declined sharply in the following year.

Top Export Markets for Tugs and Pusher Craft from Chile in 2022:

1. Bolivia (1.0 units)
2. Peru (1.0 units)

Source: IndexBox Market Intelligence Platform