Chile: Transmission Apparatus Market 2024

Transmission Apparatus Market Size in Chile

In 2022, the Chilean transmission apparatus market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2021, and then contracted notably in the following year.

Transmission Apparatus Production in Chile

In value terms, transmission apparatus production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, saw a perceptible contraction. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

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Transmission Apparatus Exports

Exports from Chile

In 2022, approx. X units of transmission apparatus incorporating reception apparatus were exported from Chile; growing by X% against 2021 figures. In general, exports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, transmission apparatus exports surged to $X in 2022. Overall, exports saw a temperate increase. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for transmission apparatus exports from Chile, with a X% share of total exports. Moreover, transmission apparatus exports to the United States exceeded the volume sent to the second major destination, Venezuela (X units), more than tenfold. Colombia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Venezuela (X% per year) and Colombia (X% per year).

In value terms, the United States ($X) remains the key foreign market for transmission apparatus incorporating reception apparatus exports from Chile, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total exports. It was followed by Peru, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X.3% per year) and Peru (X% per year).

Export Prices by Country

In 2022, the average transmission apparatus export price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price showed a strong increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in the near future.

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 Bolivia ($X per unit), while the average price for exports to Venezuela ($X 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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Transmission Apparatus Imports

Imports into Chile

In 2022, supplies from abroad of transmission apparatus incorporating reception apparatus decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at X units in 2021, and then shrank sharply in the following year.

In value terms, transmission apparatus imports declined remarkably to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of transmission apparatus to Chile, with a X% share of total imports. Moreover, transmission apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of transmission apparatus incorporating reception apparatus to Chile, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%.

Import Prices by Country

In 2022, the average transmission apparatus import price amounted to $X per unit, jumping by X% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, transmission apparatus import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform

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