Chile: Construction Equipment Blade Market 2025

Construction Equipment Blade Market Size in Chile

The Chilean construction equipment blade market surged to $X in 2022, rising by 96% 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, however, continues to indicate a slight descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Construction Equipment Blade Exports

Exports from Chile

In 2022, approx. X units of blades for construction equipment were exported from Chile; remaining relatively unchanged against the year before. Overall, exports enjoyed a resilient increase. The growth pace was the most rapid in 2014 when exports increased by 15,767% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, construction equipment blade exports totaled $X in 2022. Over the period under review, exports showed strong growth. The growth pace was the most rapid in 2014 when exports increased by 13,240% against the previous year. 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), Australia (X units) and Brazil (X units) were the main destinations of construction equipment blade exports from Chile, with a combined 93% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +52.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), Australia ($X) and Bolivia ($X) constituted the largest markets for construction equipment blade exported from Chile worldwide, with a combined 90% share of total exports.

Among the main countries of destination, Australia, with a CAGR of +74.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average construction equipment blade export price stood at $X per unit in 2022, stabilizing at the previous year. In general, the export price continues to indicate a modest expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 188% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Argentina ($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 France (+41.2%), while the prices for the other major destinations experienced more modest paces of growth.

Construction Equipment Blade Imports

Imports into Chile

In 2022, approx. X units of blades for construction equipment were imported into Chile; with an increase of 30% compared with the year before. In general, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 176%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, construction equipment blade imports surged to $X in 2022. Overall, imports enjoyed pronounced growth. The pace of growth was the most pronounced in 2019 when imports increased by 215% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, the United States (X units) was the main construction equipment blade supplier to Chile, accounting for a 91% share of total imports. Moreover, construction equipment blade imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. Peru (X units) ranked third in terms of total imports with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+23.0% per year) and Peru (+26.5% per year).

In value terms, the United States ($X) constituted the largest supplier of blades for construction equipment to Chile, comprising 96% of total imports. The second position in the ranking was taken by Japan ($X), with a 3.1% share of total imports. It was followed by China, with a 0.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+2.1% per year) and China (+22.8% per year).

Import Prices by Country

In 2022, the average construction equipment blade import price amounted to $X per unit, increasing by 133% against the previous year. In general, the import price posted a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Japan ($X per unit), while the price for Peru ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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