Report Update Nov 1, 2024

Chile - Hollow Drill Bars and Rods - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Hollow Drill Bar Market 2024

Hollow Drill Bar Market Size in Chile

The Chilean hollow drill bar market contracted sharply to $X in 2021, waning by -37.6% against the previous year. Over the period under review, consumption recorded a dramatic setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Hollow Drill Bar Production in Chile

In value terms, hollow drill bar production dropped markedly to $X in 2021 estimated in export price. Overall, production, however, faced a abrupt setback. Hollow drill bar production peaked at $X in 2020, and then shrank dramatically in the following year.

Hollow Drill Bar Exports

Exports from Chile

In 2021, exports of hollow drill bars and rods from Chile soared to X tons, growing by 130% on the year before. Overall, exports recorded prominent growth. The most prominent rate of growth was recorded in 2018 when exports increased by 413%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, hollow drill bar exports skyrocketed to $X in 2021. Over the period under review, exports posted a prominent increase. The pace of growth appeared the most rapid in 2018 when exports increased by 229%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Mexico (X tons), Peru (X tons) and Brazil (X tons) were the main destinations of hollow drill bar exports from Chile, together comprising 91% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +46.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hollow drill bar exported from Chile were Mexico ($X), Peru ($X) and Brazil ($X), with a combined 89% share of total exports.

Among the main countries of destination, Brazil, with a CAGR of +41.3%, 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

In 2021, the average hollow drill bar export price amounted to $X per ton, falling by -9.8% against the previous year. In general, the export price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2013 an increase of 63%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Argentina ($X per ton) and Brazil ($X per ton), while the average price for exports to Mexico ($X per ton) and Peru ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Peru (-1.2%), while the prices for the other major destinations experienced a decline.

Hollow Drill Bar Imports

Imports into Chile

Hollow drill bar imports into Chile shrank to X tons in 2021, falling by -5.1% compared with 2020 figures. Overall, imports saw a abrupt descent. The growth pace was the most rapid in 2015 with an increase of 21% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, hollow drill bar imports fell modestly to $X in 2021. Over the period under review, imports recorded a deep slump. The pace of growth appeared the most rapid in 2014 with an increase of 17%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X tons), China (X tons) and Mexico (X tons) were the main suppliers of hollow drill bar imports to Chile, with a combined 80% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +19.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of hollow drill bars and rods to Chile, comprising 49% of total imports. The second position in the ranking was taken by the United States ($X), with a 17% share of total imports. It was followed by Sweden, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+11.4% per year) and Sweden (+4.0% per year).

Import Prices by Country

The average hollow drill bar import price stood at $X per ton in 2021, picking up by 5.3% against the previous year. Overall, the import price, however, saw a mild descent. The growth pace was the most rapid in 2016 an increase of 48% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hollow drill bars and rods in the world?

The country with the largest volume of hollow drill bar consumption was China, comprising approx. 30% of total volume. Moreover, hollow drill bar consumption in China exceeded the figures recorded by the second-largest consumer, India, fivefold. Japan ranked third in terms of total consumption with a 6.4% share.

What are the largest producers of hollow drill bars and rods in the world?

The country with the largest volume of hollow drill bar production was China, comprising approx. 50% of total volume. Moreover, hollow drill bar production in China exceeded the figures recorded by the second-largest producer, Sweden, threefold. Japan ranked third in terms of total production with a 14% share.

What are the leading suppliers of hollow drill bars and rods to Chile?

In value terms, Sweden constituted the largest supplier of hollow drill bar to Chile, comprising 79% of total imports. The second position in the ranking was occupied by the United States, with an 18% share of total imports.

What is the average export price for hollow drill bars and rods in Chile?

In 2021, the average hollow drill bar export price amounted to $4,080 per ton, which is down by -2% against the previous year.

What is the average import price for hollow drill bars and rods in Chile?

In 2021, the average hollow drill bar import price amounted to $2,766 per ton, which is down by -28.4% against the previous year.

This report provides an in-depth analysis of the hollow drill bar market in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24106700 - Hollow drill bars and rods

Country coverage:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023