Chile: Market for Sanitary Ware And Parts Of Iron Or Steel 2024

Market Size for Sanitary Ware And Parts Of Iron Or Steel in Chile

The Chilean market for sanitary ware and parts of iron or steel shrank to $X in 2023, dropping by X% against the previous year. Overall, consumption saw a noticeable slump. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Iron or steel sanitary ware consumption peaked at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Production of Sanitary Ware And Parts Of Iron Or Steel in Chile

In value terms, iron or steel sanitary ware production dropped to $X in 2023 estimated in export price. Over the period under review, production recorded a abrupt decline. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Iron or steel sanitary ware production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from Chile

In 2023, approx. X units of sanitary ware and parts of iron or steel were exported from Chile; waning by X% compared with the year before. Over the period under review, exports showed a noticeable contraction. The growth pace was the most rapid in 2019 when exports increased by X%. As a result, the exports attained the peak of X units. From 2020 to 2023, the growth of the exports remained at a lower figure.

In value terms, iron or steel sanitary ware exports shrank notably to $X in 2023. In general, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

Peru (X units), Bolivia (X units) and Ecuador (X units) were the main destinations of iron or steel sanitary ware exports from Chile, together comprising X% of total exports. Venezuela, Argentina, Panama, Mexico, Paraguay and Colombia lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Panama (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron or steel sanitary ware exported from Chile were Peru ($X), Bolivia ($X) and Panama ($X), with a combined X% share of total exports.

Panama, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for sanitary ware and parts of iron or steel stood at $X per unit in 2023, surging by X% against the previous year. In general, the export price posted resilient growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Panama ($X per unit), while the average price for exports to Colombia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Panama (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports into Chile

In 2023, iron or steel sanitary ware imports into Chile declined to X units, falling by X% on the previous year's figure. In general, imports, however, posted a modest expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X units in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, iron or steel sanitary ware imports fell markedly to $X in 2023. Over the period under review, imports, however, saw a mild expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, China (X units) constituted the largest supplier of iron or steel sanitary ware to Chile, with a X% share of total imports. Moreover, iron or steel sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), tenfold. The third position in this ranking was taken by Spain (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and Spain (X% per year).

In value terms, China ($X) constituted the largest supplier of sanitary ware and parts of iron or steel to Chile, comprising X% of total imports. The second position in the ranking was held by Portugal ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and Spain (X% per year).

Import Prices by Country

The average import price for sanitary ware and parts of iron or steel stood at $X per unit in 2023, waning by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X%. The import price peaked at $X per unit in 2022, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

From 2012 to 2023, 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