Chile: Electric Sound Amplifier Market 2025

Electric Sound Amplifier Market Size in Chile

The Chilean electric sound amplifier market surged to $X in 2022, rising by 81% against the previous year. Overall, consumption posted a strong increase. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the immediate term.

Electric Sound Amplifier Production in Chile

In value terms, electric sound amplifier production shrank remarkably to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 11,355,488,100%. Electric sound amplifier production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Electric Sound Amplifier Exports

Exports from Chile

In 2022, overseas shipments of electric sound amplifier sets increased by 25% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports recorded a prominent increase. The growth pace was the most rapid in 2020 with an increase of 879%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, electric sound amplifier exports rose remarkably to $X in 2022. In general, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 when exports increased by 942% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Bolivia (X units) was the main destination for electric sound amplifier exports from Chile, with a 61% share of total exports. Moreover, electric sound amplifier exports to Bolivia exceeded the volume sent to the second major destination, the Netherlands (X units), fourfold. The third position in this ranking was taken by Peru (X units), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Bolivia stood at +18.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (0.0% per year) and Peru (-1.3% per year).

In value terms, Bolivia ($X), Paraguay ($X) and Peru ($X) appeared to be the largest markets for electric sound amplifier exported from Chile worldwide, with a combined 95% share of total exports. The Netherlands, the UK and the United States lagged somewhat behind, together accounting for a further 3.2%.

Among the main countries of destination, the United States, with a CAGR of +23.8%, 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 electric sound amplifier export price stood at $X per unit in 2022, waning by -10.6% against the previous year. Overall, the export price showed a perceptible reduction. The growth pace was the most rapid in 2016 an increase of 44% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to the United States ($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 Paraguay (+20.6%), while the prices for the other major destinations experienced mixed trend patterns.

Electric Sound Amplifier Imports

Imports into Chile

After two years of growth, overseas purchases of electric sound amplifier sets decreased by -5% to X units in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 201% against the previous year. As a result, imports attained the peak of X units, and then declined slightly in the following year.

In value terms, electric sound amplifier imports fell to $X in 2022. Overall, imports, however, saw strong growth. The pace of growth was the most pronounced in 2021 with an increase of 145% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest electric sound amplifier supplier to Chile, accounting for a 74% share of total imports. Moreover, electric sound amplifier imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), sevenfold. Panama (X units) ranked third in terms of total imports with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +20.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+71.9% per year) and Panama (+62.1% per year).

In value terms, China ($X) constituted the largest supplier of electric sound amplifier sets to Chile, comprising 44% of total imports. The second position in the ranking was taken by the United States ($X), with an 18% share of total imports. It was followed by Hong Kong SAR, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+14.1% per year) and Hong Kong SAR (+51.7% per year).

Import Prices by Country

In 2022, the average electric sound amplifier import price amounted to $X per unit, approximately reflecting the previous year. In general, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 29%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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