Chile: Market for Machine-Tools For Working Wood 2024

Market Size for Machine-Tools For Working Wood in Chile

The Chilean machine-tool for working wood market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, showed a pronounced downturn. Machine-tool for working wood consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Machine-Tools For Working Wood in Chile

In value terms, machine-tool for working wood production shrank slightly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible curtailment. The pace of growth was the most pronounced in 2014 when the production volume increased by 38% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Exports of Machine-Tools For Working Wood

Exports from Chile

In 2021, the amount of machine-tools for working wood exported from Chile surged to X tons, rising by 30% on the previous year. Overall, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 67% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, machine-tool for working wood exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 118%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X tons), Peru (X tons) and Spain (X tons) were the main destinations of machine-tool for working wood exports from Chile, together comprising 69% 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 Peru (with a CAGR of +7.8%), while the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X), Peru ($X) and Spain ($X) appeared to be the largest markets for machine-tool for working wood exported from Chile worldwide, together accounting for 67% of total exports. These countries were followed by Argentina, the United States, Colombia, Luxembourg, Uruguay and Nicaragua, which together accounted for a further 29%.

Nicaragua, with a CAGR of +19.7%, 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

In 2021, the average machine-tool for working wood export price amounted to $X per ton, picking up by 17% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, machine-tool for working wood export price increased by +87.6% against 2016 indices. The growth pace was the most rapid in 2020 an increase of 31% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Wood

Imports into Chile

In 2021, imports of machine-tools for working wood into Chile soared to X tons, surging by 122% compared with 2020 figures. Overall, imports, however, showed a mild downturn. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, machine-tool for working wood imports surged to $X in 2021. Over the period under review, imports, however, saw a abrupt decline. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest machine-tool for working wood supplier to Chile, with a 50% share of total imports. Moreover, machine-tool for working wood imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.2% per year) and Italy (+0.9% per year).

In value terms, China ($X) constituted the largest supplier of machine-tools for working wood to Chile, comprising 46% of total imports. The second position in the ranking was taken by Germany ($X), with a 13% share of total imports. It was followed by Italy, with a 9.4% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.8% per year) and Italy (+1.7% per year).

Import Prices by Country

The average machine-tool for working wood import price stood at $X per ton in 2021, falling by -4.3% against the previous year. Overall, the import price continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2018 an increase of 14% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Italy ($X per ton) and Spain ($X per ton), while the price for China ($X per ton) and Finland ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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