Chile: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in Chile

The Chilean market for instrument panel and wall clocks contracted rapidly to $X in 2020, reducing by -X% against the previous year. Over the period under review, consumption continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Production of Instrument Panel And Wall Clocks in Chile

In value terms, instrument panel and wall clock production dropped to $X in 2020 estimated in export prices. Overall, production, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2015 with a decrease of -X% against the previous year. Over the period under review, production reached the maximum level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Exports of Instrument Panel And Wall Clocks

Exports from Chile

For the sixth year in a row, Chile recorded decline in overseas shipments of instrument panel and wall clocks, which decreased by -X% to X tons in 2020. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Exports peaked at X tons in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, instrument panel and wall clock exports fell remarkably to $X in 2020. Over the period under review, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Exports peaked at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

Bolivia (X tons), Uruguay (X tons) and Peru (X kg) were the main destinations of instrument panel and wall clock exports from Chile, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Uruguay, while shipments for the other leaders experienced a decline.

In value terms, Bolivia ($X) remains the key foreign market for instrument panel and wall clock exports from Chile, comprising X% of total exports. The second position in the ranking was occupied by Paraguay ($X), with a X% share of total exports. It was followed by Peru, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Bolivia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-X% per year) and Peru (-X% per year).

Export Prices by Country

The average export price for instrument panel and wall clocks stood at $X per ton in 2020, declining by -X% against the previous year. Over the period under review, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. The export price peaked at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia, while the prices for the other major destinations experienced a decline.

Imports of Instrument Panel And Wall Clocks

Imports into Chile

In 2020, imports of instrument panel and wall clocks into Chile fell markedly to X tons, waning by -X% compared with the previous year's figure. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked at X tons in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, instrument panel and wall clock imports shrank remarkably to $X in 2020. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest instrument panel and wall clock supplier to Chile, with a X% share of total imports. Moreover, instrument panel and wall clock imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. Panama (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Panama (-X% per year).

In value terms, China ($X) constituted the largest supplier of instrument panel and wall clock to Chile, comprising X% of total imports. The second position in the ranking was occupied by the United States ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2020, the average import price for instrument panel and wall clocks amounted to $X per ton, rising by X% against the previous year. In general, the import price showed a modest expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% y-o-y. The import price peaked in 2020 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the United States ($X per ton), while the price for Panama ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :