Chile: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Chile

In 2021, the Chilean centrifugal clothes-dryer market increased by 105% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a deep reduction. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Centrifugal Clothes-Dryer Exports

Exports from Chile

In 2021, shipments abroad of centrifugal clothes-dryers decreased by -13.2% to X units, falling for the sixth year in a row after three years of decline. Overall, exports continue to indicate a dramatic decline. The smallest decline of -6.6% was in 2016. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, centrifugal clothes-dryer exports dropped to $X in 2021. Over the period under review, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2017 with an increase of 2% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Argentina (X units) was the main destination for centrifugal clothes-dryer exports from Chile, with a 79% share of total exports. Moreover, centrifugal clothes-dryer exports to Argentina exceeded the volume sent to the second major destination, Japan (X units), ninefold. The third position in this ranking was held by Mexico (X units), with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Argentina stood at -39.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-40.6% per year) and Mexico (-28.7% per year).

In value terms, Japan ($X) remains the key foreign market for centrifugal clothes-dryers exports from Chile, comprising 70% of total exports. The second position in the ranking was taken by Argentina ($X), with a 13% share of total exports. It was followed by the Netherlands, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value to Japan amounted to -26.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-41.9% per year) and the Netherlands (-45.9% per year).

Export Prices by Country

The average centrifugal clothes-dryer export price stood at $X per unit in 2021, surging by 13% against the previous year. Overall, the export price posted a remarkable increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Panama ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+34.0%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifugal Clothes-Dryer Imports

Imports into Chile

After two years of decline, overseas purchases of centrifugal clothes-dryers increased by 101% to X units in 2021. In general, imports posted a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by 674%. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, centrifugal clothes-dryer imports skyrocketed to $X in 2021. Overall, imports showed a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by 673% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Argentina (X units) constituted the largest supplier of centrifugal clothes-dryer to Chile, accounting for a 81% share of total imports. Moreover, centrifugal clothes-dryer imports from Argentina exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. The third position in this ranking was held by China (X units), with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Argentina totaled +30.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+10.2% per year) and China (-15.4% per year).

In value terms, Argentina ($X) constituted the largest supplier of centrifugal clothes-dryers to Chile, comprising 81% of total imports. The second position in the ranking was taken by the United States ($X), with a 6.9% share of total imports. It was followed by China, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from Argentina stood at +30.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.5% per year) and China (-15.9% per year).

Import Prices by Country

In 2021, the average centrifugal clothes-dryer import price amounted to $X per unit, approximately equating the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 14%. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Spain ($X per unit) and China ($X per unit), while the price for South Korea ($X per unit) and Argentina ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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