Chile: Electronic Material Tester Market 2025

Electronic Material Tester Market Size in Chile

The Chilean electronic material tester market surged to $X in 2021, rising by 37% 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). In general, consumption posted mild growth. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Electronic Material Tester Exports

Exports from Chile

In 2021, exports of electronic machines and appliances for testing materials from Chile skyrocketed to X units, rising by 189% compared with the year before. Overall, exports, however, showed a noticeable contraction. The growth pace was the most rapid in 2019 when exports increased by 345%. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electronic material tester exports soared to $X in 2021. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 534% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Peru (X units) was the main destination for electronic material tester exports from Chile, accounting for a 49% share of total exports. Moreover, electronic material tester exports to Peru exceeded the volume sent to the second major destination, Spain (X units), twofold. Brazil (X units) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Peru stood at +12.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+141.2% per year) and Brazil (-20.2% per year).

In value terms, Peru ($X) remains the key foreign market for electronic machines and appliances for testing materials exports from Chile, comprising 49% of total exports. The second position in the ranking was held by Spain ($X), with a 23% share of total exports. It was followed by Brazil, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Peru totaled +16.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+128.6% per year) and Brazil (-17.2% per year).

Export Prices by Country

In 2021, the average electronic material tester export price amounted to $X per unit, rising by 11% against the previous year. Overall, export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electronic material tester export price increased by +88.3% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 42%. The export price peaked in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were Austria ($X per unit) and Brazil ($X per unit), while the average price for exports to the United States ($X per unit) and Peru ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Material Tester Imports

Imports into Chile

In 2021, after two years of decline, there was significant growth in purchases abroad of electronic machines and appliances for testing materials, when their volume increased by 76% to X units. Over the period under review, imports posted a notable expansion. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, electronic material tester imports surged to $X in 2021. Overall, imports posted a mild expansion. The most prominent rate of growth was recorded in 2014 with an increase of 60%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X units), China (X units) and Germany (X units) were the main suppliers of electronic material tester imports to Chile, together comprising 59% of total imports. Italy, Spain, the UK, Belgium, Brazil, Australia and France lagged somewhat behind, together comprising a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +115.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) constituted the largest electronic material tester suppliers to Chile, together accounting for 58% of total imports. These countries were followed by Italy, Spain, the UK, Belgium, Brazil, Australia and France, which together accounted for a further 34%.

Belgium, with a CAGR of +116.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electronic material tester import price stood at $X per unit in 2021, which is down by -28.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 17%. The import price peaked at $X per unit in 2020, and then declined dramatically in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Belgium ($X per unit) and France ($X per unit), while the price for Spain ($X per unit) and Australia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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