Report Update Nov 1, 2024

Bolivia - Machine-Tools for Drilling, Boring or Milling Metal - Market Analysis, Forecast, Size, Trends and Insights

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Bolivia: Machine-Tool For Drilling Market 2024

Machine-Tool For Drilling Market Size in Bolivia

In 2022, the Bolivian machine-tool for drilling market decreased by -10.4% to $X, falling for the third consecutive year after two years of growth. In general, consumption recorded a perceptible curtailment. Machine-tool for drilling consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Machine-Tool For Drilling Production in Bolivia

In value terms, machine-tool for drilling production contracted dramatically to $X in 2022 estimated in export price. Overall, production, however, posted a perceptible increase. The most prominent rate of growth was recorded in 2021 with an increase of 236% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Machine-Tool For Drilling Exports

Exports from Bolivia

Machine-tool for drilling exports from Bolivia reduced rapidly to X units in 2022, dropping by -41.8% compared with the previous year. In general, exports recorded a slight reduction. The pace of growth appeared the most rapid in 2017 when exports increased by 4,110% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, machine-tool for drilling exports dropped significantly to $X in 2022. Overall, exports saw a sharp slump. The pace of growth was the most pronounced in 2017 when exports increased by 2,918% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Peru (X units) was the main destination for machine-tool for drilling exports from Bolivia, accounting for a approx. 99% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of volume to Peru stood at +116.9%.

In value terms, Peru ($X) also remains the key foreign market for machine-tools for drilling, boring or milling metal exports from Bolivia.

From 2015 to 2022, the average annual growth rate of value to Peru totaled +53.5%.

Export Prices by Country

The average machine-tool for drilling export price stood at $X per unit in 2022, reducing by -40.6% against the previous year. In general, the export price recorded a significant decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by 95%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2015 to 2022, the rate of growth in terms of prices for the United States amounted to +170.8% per year.

Machine-Tool For Drilling Imports

Imports into Bolivia

In 2022, imports of machine-tools for drilling, boring or milling metal into Bolivia skyrocketed to X units, picking up by 41% against the previous year's figure. In general, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 147%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, machine-tool for drilling imports soared to $X in 2022. Over the period under review, imports, however, saw a noticeable decline. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Italy (X units) and Germany (X units) were the main suppliers of machine-tool for drilling imports to Bolivia, with a combined 62% share of total imports. Sweden, Bulgaria, the United States, the Czech Republic, Spain, Brazil and Taiwan (Chinese) lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +37.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and Brazil ($X) were the largest machine-tool for drilling suppliers to Bolivia, with a combined 49% share of total imports. Sweden, the Czech Republic, Germany, the United States, Spain, Bulgaria and Taiwan (Chinese) lagged somewhat behind, together comprising a further 28%.

In terms of the main suppliers, Bulgaria, with a CAGR of +10.5%, 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 machine-tool for drilling import price amounted to $X per unit, with an increase of 9.3% against the previous year. Overall, the import price recorded notable growth. The pace of growth appeared the most rapid in 2021 an increase of 656%. The import price peaked at $X per unit in 2016; however, from 2017 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 Brazil ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+42.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

This report provides an in-depth analysis of the machine-tool for drilling market in Bolivia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)
Prodcom 28412217 - Numerically controlled knee-type milling machines for working metal (excluding boring-milling machines)
Prodcom 28412223 - Numerically controlled tool-milling machines for working metal (excluding boring-milling machines, knee-type machines)
Prodcom 28412225 - Numerically controlled milling machines for working metal (including plano-milling machines) (excluding boring-milling machines, knee-type, tool-milling machines)
Prodcom 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
Prodcom 28412235 - Non-numerically controlled drilling machines for working metal (excluding way-type unit head machines)
Prodcom 28412240 - Numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
Prodcom 28412260 - Non-numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
Prodcom 28412270 - Non-numerically controlled milling machines for working metal (excluding boring-milling machines)

Country coverage:

Bolivia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bolivia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023