Chile: Ecg Market 2025

Ecg Market Size in Chile

In 2021, the Chilean ECG market increased by 11% to $X, rising for the fourth consecutive year after three years of decline. Over the period under review, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +28.9% against 2017 indices. Consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Ecg Exports

Exports from Chile

In 2020, the amount of electro-cardiographs exported from Chile surged to X units, jumping by 33% on the year before. Over the period under review, exports, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2018 when exports increased by 411% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2020, the exports failed to regain momentum.

In value terms, ECG exports surged to $X in 2020. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 437%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2020, the exports remained at a lower figure.

Exports by Country

Uruguay (X units) and the United States (X units) were the main destinations of ECG exports from Chile.

From 2012 to 2020, the biggest increases were recorded for Uruguay (with a CAGR of 0.0%).

In value terms, the largest markets for ECG exported from Chile were Uruguay ($X) and the United States ($X).

Uruguay, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average ECG export price amounted to $X per unit, approximately mirroring the previous year. Over the period from 2012 to 2020, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2014 an increase of 11% against the previous year. As a result, the export price attained the peak level of $X per unit; afterwards, it flattened through to 2020.

Average prices varied noticeably for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Uruguay stood at $X per unit.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+29.5%), while the prices for the other major destinations experienced mixed trend patterns.

Ecg Imports

Imports into Chile

In 2021, supplies from abroad of electro-cardiographs decreased by -12.9% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 41% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, ECG imports skyrocketed to $X in 2021. In general, total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +52.3% against 2017 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 41% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest ECG supplier to Chile, with a 47% share of total imports. Moreover, ECG imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. Canada (X units) ranked third in terms of total imports with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.8% per year) and Canada (+28.6% per year).

In value terms, the largest ECG suppliers to Chile were China ($X), Canada ($X) and the United States ($X), with a combined 70% share of total imports.

Canada, with a CAGR of +38.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average ECG import price stood at $X per unit in 2021, picking up by 34% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ECG import price increased by +86.5% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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