Chile: Electronic Metal Tester Market 2025

Electronic Metal Tester Market Size in Chile

In 2021, the Chilean electronic metal tester market increased by 67% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, showed a dramatic shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Electronic Metal Tester Exports

Exports from Chile

For the fourth year in a row, Chile recorded growth in shipments abroad of electronic machines and appliances for testing metals, which increased by 24% to X units in 2021. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 267%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electronic metal tester exports contracted sharply to $X in 2021. In general, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 337% against the previous year. The exports peaked at $X in 2020, and then plummeted in the following year.

Exports by Country

Guatemala (X units) was the main destination for electronic metal tester exports from Chile, with a 73% share of total exports. Moreover, electronic metal tester exports to Guatemala exceeded the volume sent to the second major destination, Peru (X units), fourfold. The third position in this ranking was held by the United States (X units), with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Guatemala was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+25.8% per year) and the United States (0.0% per year).

In value terms, the United States ($X), Ecuador ($X) and Peru ($X) appeared to be the largest markets for electronic metal tester exported from Chile worldwide, together accounting for 70% of total exports.

Peru, with a CAGR of +42.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electronic metal tester export price stood at $X per unit in 2021, with a decrease of -92.9% against the previous year. Over the period under review, the export price saw a deep setback. The pace of growth was the most pronounced in 2013 when the average export price increased by 104% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then reduced dramatically in the following year.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Guatemala ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+16.3%), while the prices for the other major destinations experienced a decline.

Electronic Metal Tester Imports

Imports into Chile

In 2021, supplies from abroad of electronic machines and appliances for testing metals was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, showed a sharp shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 140% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, electronic metal tester imports expanded significantly to $X in 2021. Overall, imports, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2013 with an increase of 140% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of electronic metal tester to Chile, accounting for a 62% share of total imports. Moreover, electronic metal tester imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold. The third position in this ranking was taken by the United States (X units), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+26.8% per year) and the United States (-9.9% per year).

In value terms, the United States ($X), China ($X) and the UK ($X) appeared to be the largest electronic metal tester suppliers to Chile, together comprising 62% of total imports. These countries were followed by Australia, Spain and Taiwan (Chinese), which together accounted for a further 5%.

Spain, with a CAGR of +11.7%, saw the highest rates of growth with regard to 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

In 2021, the average electronic metal tester import price amounted to $X per unit, which is down by -38.7% against the previous year. In general, the import price, however, showed a significant increase. The pace of growth appeared the most rapid in 2013 an increase of 886%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Australia ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+59.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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