Chile: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in Chile

The Chilean market for electric generating sets and rotary converters soared to $X in 2020, jumping by X% 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, recorded a slight setback. Consumption peaked at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Exports of Electric Generating Sets And Rotary Converters

Exports from Chile

In 2020, exports of electric generating sets and rotary converters from Chile fell to X units, waning by -X% compared with 2019. Overall, exports, however, posted notable growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Exports peaked at X units in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of electric generating sets and rotary converters soared to $X in 2020. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Paraguay (X units) was the main destination for exports of electric generating sets and rotary converters from Chile, accounting for a X% share of total exports. Moreover, exports of electric generating sets and rotary converters to Paraguay exceeded the volume sent to the second major destination, Brazil (X units), eightfold. Bolivia (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Paraguay stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+X% per year) and Bolivia (-X% per year).

In value terms, the largest markets for electric generating set and rotary converter exported from Chile were Argentina ($X), Paraguay ($X) and Bolivia ($X), with a combined X% share of total exports. Peru, the U.S. and Brazil lagged somewhat behind, together accounting for a further X terms of the main countries of destination, the U.S. (+X% per year) 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 export price for electric generating sets and rotary converters stood at $X per unit in 2020, rising by X% against the previous year. Over the period under review, the export price, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Argentina ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Argentina, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Generating Sets And Rotary Converters

Imports into Chile

In 2020, the amount of electric generating sets and rotary converters imported into Chile soared to X units, with an increase of X% against the previous year. Overall, imports, however, saw a slight curtailment. Over the period under review, imports reached the maximum at X units in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

In value terms, imports of electric generating sets and rotary converters skyrocketed to $X in 2020. Over the period under review, imports, however, saw a slight contraction. Over the period under review, imports reached the maximum at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X units) constituted the largest electric generating set and rotary converter supplier to Chile, accounting for a X% share of total imports. Moreover, imports of electric generating sets and rotary converters from China exceeded the figures recorded by the second-largest supplier, Spain (X units), ninefold. Germany (X units) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X) constituted the largest supplier of electric generating set and rotary converter to Chile, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

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

Import Prices by Country

The average import price for electric generating sets and rotary converters stood at $X per unit in 2020, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per unit in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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