Chile: Market for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2024

Market Size for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Chile

The Chilean market for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips expanded to $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a relatively flat trend pattern. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Exports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports from Chile

In 2022, overseas shipments of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips were finally on the rise to reach X kg after two years of decline. Over the period under review, exports, however, recorded a sharp curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips surged to $X in 2022. In general, exports, however, continue to indicate a significant contraction. Over the period under review, the exports of reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Bolivia (X kg), Peru (X kg) and Brazil (X kg) were the main destinations of exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips from Chile, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Bolivia (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for unmounted tool inserts, sticks or plates exported from Chile were Peru ($X), Bolivia ($X) and Brazil ($X).

In terms of the main countries of destination, Bolivia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price continues to indicate a buoyant increase. The export price peaked at $X,848 per ton in 2018; however, from 2019 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 ($X per ton), while the average price for exports to Brazil ($X 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 Argentina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports into Chile

For the third consecutive year, Chile recorded growth in overseas purchases of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips, which increased by X% to X tons in 2022. Over the period under review, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports of attained the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips fell modestly to $X in 2022. In general, imports, however, recorded a slight setback. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Switzerland (X tons) and the United States (X tons) were the main suppliers of imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips to Chile, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Switzerland ($X) and South Korea ($X) constituted the largest unmounted tool inserts, sticks or plates suppliers to Chile, with a combined X% share of total imports.

Among the main suppliers, Switzerland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips amounted to $X per ton, reducing by X% against the previous year. In general, the import price showed a abrupt contraction. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Sweden ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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