Price for Textile Machinery; Spinning Machines in Chile - 2023

Contents:

  1. Price for Textile Machinery; Spinning Machines in Chile (CIF) - 2022
  2. Price for Textile Machinery; Spinning Machines in Chile (FOB) - 2022
  3. Imports of Textile Machinery; Spinning Machines in Chile
  4. Exports of Textile Machinery; Spinning Machines in Chile

Price for Textile Machinery; Spinning Machines in Chile (CIF) - 2022

The average textile machinery; spinning machines import price stood at $306 per unit in 2022, with a decrease of -87.7% against the previous year. Over the period under review, the import price showed a precipitous curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 873%. As a result, import price attained the peak level of $11,055 per unit. From 2015 to 2022, the average 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 China ($1,699 per unit), while the price for New Zealand totaled $266 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+117.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Machinery; Spinning Machines in Chile (FOB) - 2022

In 2022, the average textile machinery; spinning machines export price amounted to $12,628 per unit, leveling off at the previous year. Over the period under review, the export price enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 933% against the previous year. As a result, the export price reached the peak level of $60,976 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($15,715 per unit), while the average price for exports to Bolivia ($4,041 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 (+24.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Textile Machinery; Spinning Machines in Chile

In 2022, the amount of textile machinery; spinning machineses imported into Chile contracted rapidly to 35 units, with a decrease of -74.6% against 2021 figures. In general, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 626%. As a result, imports reached the peak of 138 units, and then plummeted in the following year.

In value terms, textile machinery; spinning machines imports plummeted to $11K in 2022. Over the period under review, imports faced a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 2,549%. As a result, imports attained the peak of $345K, and then contracted markedly in the following year.

Import of Textile Machinery; Spinning Machines in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand14.65.023.49.0-14.9%
ChinaN/A8.11141.7-54.2%
United StatesN/AN/A1.0N/A0%
Italy59.9N/A182N/A74.3%
OthersN/AN/A24.8N/A0%
Total74.513.034510.7-47.6%

Top Suppliers of Textile Machinery; Spinning Machines to Chile in 2022:

  1. New Zealand (34.0 units)
  2. China (1.0 units)

Exports of Textile Machinery; Spinning Machines in Chile

In 2022, shipments abroad of textile machinery; spinning machineses decreased by 0% to 18 units, falling for the second year in a row after two years of growth. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 100% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, textile machinery; spinning machines exports stood at $227K in 2022. In general, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,965%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Textile Machinery; Spinning Machines in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A1410%
ThailandN/AN/AN/A59.00%
IndiaN/AN/AN/A14.70%
BoliviaN/AN/AN/A12.10%
BelgiumN/A117N/AN/A0%
PeruN/A5.3N/AN/A0%
United Kingdom5.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.9122N/A227237.6%

Top Export Markets for Textile Machinery; Spinning Machines from Chile in 2022:

  1. Mexico (9.0 units)
  2. Thailand (4.0 units)
  3. Bolivia (3.0 units)
  4. India (2.0 units)

Source: IndexBox Market Intelligence Platform

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