Chile: Paper Making Machinery Market 2024

Paper Making Machinery Market Size in Chile

The Chilean paper making machinery market skyrocketed to $X in 2021, picking up by 284% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a pronounced expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Paper Making Machinery Exports

Exports from Chile

Paper making machinery exports from Chile contracted dramatically to X units in 2021, with a decrease of -50% on 2020. Over the period under review, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2019 with an increase of 300%. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, paper making machinery exports declined sharply to $X in 2021. In general, exports continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2014 when exports increased by 1,895%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X units) was the main destination for paper making machinery exports from Chile, accounting for a approx. 50% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Peru was relatively modest.

In value terms, Peru ($X) remains the key foreign market for machinery for making up paper pulp, paper or paperboard exports from Chile, comprising 66% of total exports. The second position in the ranking was taken by Brazil ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Peru totaled +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-1.7% per year) and Bolivia (-18.2% per year).

Export Prices by Country

In 2021, the average paper making machinery export price amounted to $X per unit, rising by 12% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, paper making machinery export price increased by +32.9% against 2016 indices. The growth pace was the most rapid in 2013 when the average export price increased by 106% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Peru ($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 Brazil (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Making Machinery Imports

Imports into Chile

Paper making machinery imports into Chile soared to X units in 2021, jumping by 240% against 2020 figures. Over the period under review, imports posted a measured expansion. Imports peaked at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, paper making machinery imports surged to $X in 2021. Overall, imports enjoyed temperate growth. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of paper making machinery to Chile, accounting for a 50% share of total imports. Moreover, paper making machinery imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X units), threefold. China (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled +24.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+9.2% per year) and China (-9.3% per year).

In value terms, Italy ($X) constituted the largest supplier of machinery for making up paper pulp, paper or paperboard to Chile, comprising 50% of total imports. The second position in the ranking was taken by Spain ($X), with an 18% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +24.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+9.1% per year) and China (-9.1% per year).

Import Prices by Country

The average paper making machinery import price stood at $X per unit in 2021, surging by 8.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 23%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Brazil ($X per unit) and the United States ($X per unit), while the price for Spain ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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