Chile: Ink-Pad Market 2024

Ink-Pad Market Size in Chile

The Chilean ink-pad market stood at $X in 2022, remaining constant against the previous year. Over the period under review, consumption, however, showed a deep slump. Ink-pad consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ink-Pad Production in Chile

In value terms, ink-pad production totaled $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 34%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ink-Pad Exports

Exports from Chile

In 2022, ink-pad exports from Chile skyrocketed to X units, with an increase of 153% on the year before. Over the period under review, exports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2016 with an increase of 281%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, ink-pad exports skyrocketed to $X in 2022. Overall, exports, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by 249% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X units) was the main destination for ink-pad exports from Chile, accounting for a 69% share of total exports. Moreover, ink-pad exports to Brazil exceeded the volume sent to the second major destination, Argentina (X units), sevenfold. The third position in this ranking was taken by Paraguay (X units), with a 9.8% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil amounted to +31.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+10.4% per year) and Paraguay (+7.9% per year).

In value terms, Brazil ($X) remains the key foreign market for ink-pads exports from Chile, comprising 69% of total exports. The second position in the ranking was held by Argentina ($X), with a 10% share of total exports. It was followed by Paraguay, with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value to Brazil totaled +22.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+3.1% per year) and Paraguay (+0.8% per year).

Export Prices by Country

The average ink-pad export price stood at $X per unit in 2022, falling by -13.2% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 77%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Argentina ($X per unit) and Bolivia ($X per unit), while the average price for exports to Paraguay ($X per unit) and Brazil ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-6.0%), while the prices for the other major destinations experienced a decline.

Ink-Pad Imports

Imports into Chile

In 2022, purchases abroad of ink-pads increased by 59% to X units, rising for the second consecutive year after three years of decline. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 60% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, ink-pad imports soared to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 82% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest ink-pad supplier to Chile, with a 69% share of total imports. Moreover, ink-pad imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), ninefold. Austria (X units) ranked third in terms of total imports with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+13.5% per year) and Austria (-12.7% per year).

In value terms, China ($X) constituted the largest supplier of ink-pads to Chile, comprising 69% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with an 8% share of total imports. It was followed by Austria, with a 6.2% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+12.6% per year) and Austria (-13.3% per year).

Import Prices by Country

In 2022, the average ink-pad import price amounted to $X per unit, shrinking by -14% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 25% against the previous year. The import price peaked at $X per unit in 2021, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Austria ($X per unit) and Taiwan (Chinese) ($X per unit), while the price for Malaysia ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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