Chile: Footwear Making Machinery Market 2024

Footwear Making Machinery Market Size in Chile

In 2022, the Chilean footwear making machinery market increased by X% to $X, rising for the third consecutive year after two years of decline. In general, consumption, however, saw a prominent expansion. Footwear making machinery consumption peaked in 2022 and is likely to continue growth in years to come.

Footwear Making Machinery Production in Chile

In value terms, footwear making machinery production skyrocketed to $X in 2022 estimated in export price. Overall, production saw a significant increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by X,700%. Footwear making machinery production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Footwear Making Machinery Exports

Exports from Chile

In 2022, the amount of machinery for making or repairing footwear exported from Chile shrank notably to X units, waning by X% on the previous year. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, footwear making machinery exports soared to $X in 2022. Over the period under review, exports showed a noticeable descent. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Ecuador (X units) was the main destination for footwear making machinery exports from Chile, accounting for a X% share of total exports. Moreover, footwear making machinery exports to Ecuador exceeded the volume sent to the second major destination, Spain (X units), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ecuador stood at X%.

In value terms, Ecuador ($X) remains the key foreign market for machinery for making or repairing footwear exports from Chile, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Ecuador stood at X%.

Export Prices by Country

In 2022, the average footwear making machinery export price amounted to $X per unit, increasing by X% against the previous year. Overall, the export price enjoyed strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per unit), while the average price for exports to Spain totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Making Machinery Imports

Imports into Chile

In 2022, footwear making machinery imports into Chile contracted rapidly to X units, with a decrease of X% on 2021. In general, imports saw a perceptible setback. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, footwear making machinery imports contracted dramatically to $X in 2022. Overall, imports recorded a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest footwear making machinery supplier to Chile, accounting for a X% share of total imports. Moreover, footwear making machinery imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. Spain (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Spain (X% per year).

In value terms, the largest footwear making machinery suppliers to Chile were China ($X), Spain ($X) and Canada ($X), together accounting for X% of total imports.

Canada, with a CAGR of X%, 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 2022, the average footwear making machinery import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price, however, showed a deep setback. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the price for Peru ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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