Report Update Nov 1, 2024

Chile - Drilling or Morticing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Wood Drilling Machine Market 2024

Wood Drilling Machine Market Size in Chile

The Chilean wood drilling machine market soared to $X in 2021, growing by 32% against the previous year. In general, consumption saw a significant increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Wood Drilling Machine Production in Chile

In value terms, wood drilling machine production surged to $X in 2021 estimated in export price. In general, production saw a significant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 82%. Wood drilling machine production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Wood Drilling Machine Exports

Exports from Chile

In 2021, after two years of growth, there was significant decline in overseas shipments of drilling or morticing machines, when their volume decreased by -69.2% to X units. In general, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 756%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, wood drilling machine exports dropped notably to $X in 2021. Overall, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by 11,551%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Bolivia (X units) was the main destination for wood drilling machine exports from Chile, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Bolivia amounted to -6.9%.

In value terms, Bolivia ($X) also remains the key foreign market for drilling or morticing machines exports from Chile.

From 2012 to 2021, the average annual growth rate of value to Bolivia totaled +41.3%.

Export Prices by Country

In 2021, the average wood drilling machine export price amounted to $X per unit, reducing by -21.6% against the previous year. Overall, the export price saw a perceptible decrease. The growth pace was the most rapid in 2019 an increase of 5,755% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Paraguay amounted to -13.0% per year.

Wood Drilling Machine Imports

Imports into Chile

For the third consecutive year, Chile recorded growth in purchases abroad of drilling or morticing machines, which increased by 260% to X units in 2021. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood drilling machine imports skyrocketed to $X in 2021. In general, imports, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 183% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main wood drilling machine supplier to Chile, with a 96% share of total imports. It was followed by Taiwan (Chinese) (X units), with a 2% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at +40.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+47.2% per year) and the United States (-16.6% per year).

In value terms, China ($X) constituted the largest supplier of drilling or morticing machines to Chile, comprising 61% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 1.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +16.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+27.8% per year) and the United States (-26.9% per year).

Import Prices by Country

The average wood drilling machine import price stood at $X per unit in 2021, which is down by -65.7% against the previous year. Overall, the import price saw a dramatic shrinkage. The growth pace was the most rapid in 2015 when the average import price increased by 488% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-12.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for drilling or morticing machines in the world?

South Africa constituted the country with the largest volume of wood drilling machine consumption, comprising approx. 45% of total volume. Moreover, wood drilling machine consumption in South Africa exceeded the figures recorded by the second-largest consumer, the United States, fourfold. Nigeria ranked third in terms of total consumption with an 8% share.

What are the largest producers of drilling or morticing machines in the world?

The country with the largest volume of wood drilling machine production was China, accounting for 39% of total volume. Moreover, wood drilling machine production in China exceeded the figures recorded by the second-largest producer, Hong Kong SAR, threefold. India ranked third in terms of total production with a 7.8% share.

What are the leading suppliers of drilling or morticing machines to Chile?

In value terms, China constituted the largest supplier of wood drilling machine to Chile, comprising 59% of total imports. The second position in the ranking was occupied by India, with a 5.1% share of total imports.

What are the leading importers of drilling or morticing machines from Chile?

In value terms, Bolivia remains the key foreign market for wood drilling machine exports from Chile, comprising 68% of total exports. The second position in the ranking was occupied by Paraguay, with a 32% share of total exports.

What is the average export price for drilling or morticing machines in Chile?

The average wood drilling machine export price stood at $932 per unit in 2021, dropping by -17.1% against the previous year.

What is the average import price for drilling or morticing machines in Chile?

In 2021, the average wood drilling machine import price amounted to $618 per unit, shrinking by -60.3% against the previous year.

This report provides an in-depth analysis of the wood drilling machine market in Chile. 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 28491267 - Drilling or morticing machines for working wood, cork, bone, h ard rubber, hard plastics or similar hard materials

Country coverage:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
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