Report Update Nov 1, 2024

Chile - Machines for Working Wire - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Working Wire Machine Market 2024

Working Wire Machine Market Size in Chile

For the third consecutive year, the Chilean working wire machine market recorded growth in sales value, which increased by 247% to $X in 2021. In general, consumption saw a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Working Wire Machine Exports

Exports from Chile

In 2021, exports of machines for working wire from Chile amounted to X units, approximately reflecting 2020 figures. Over the period under review, exports recorded a abrupt setback. The smallest decline of -33.3% was in 2016. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, working wire machine exports totaled $X in 2021. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2014 with an increase of 271%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

The United Arab Emirates (X units) was the main destination for working wire machine exports from Chile, with a approx. 100% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

It was followed by Peru, with less than 0.1% share.

From 2013 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+34.8% per year) and Peru (-61.3% per year).

Export Prices by Country

In 2021, the average working wire machine export price amounted to $X per unit, approximately mirroring the previous year. Over the period under review, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2014 an increase of 1,014% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2013 to 2021, the rate of growth in terms of prices for Peru amounted to +910.9% per year.

Working Wire Machine Imports

Imports into Chile

In 2021, the amount of machines for working wire imported into Chile skyrocketed to X units, increasing by 280% compared with the year before. Over the period under review, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, working wire machine imports skyrocketed to $X in 2021. Overall, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2015 when imports increased by 47% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of working wire machine to Chile, with a 43% share of total imports. Moreover, working wire machine imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by the UK (X units), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled +30.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.6% per year) and the UK (+33.0% per year).

In value terms, China ($X) constituted the largest supplier of machines for working wire to Chile, comprising 54% of total imports. The second position in the ranking was held by Switzerland ($X), with a 9.2% share of total imports. It was followed by Brazil, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-17.3% per year) and Brazil (-12.5% per year).

Import Prices by Country

In 2021, the average working wire machine import price amounted to $X per unit, with a decrease of -68.3% against the previous year. In general, the import price saw a significant decline. The pace of growth appeared the most rapid in 2018 when the average import price increased by 91%. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+13.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for working wire in the world?

The countries with the highest volumes of working wire machine consumption in 2021 were South Africa, China and the United States, together comprising 90% of global consumption.

What are the largest producers of machines for working wire in the world?

The country with the largest volume of working wire machine production was China, accounting for 74% of total volume. Moreover, working wire machine production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. The third position in this ranking was occupied by the UK, with a 1.8% share.

What are the leading suppliers of machines for working wire to Chile?

In value terms, China constituted the largest supplier of working wire machine to Chile, comprising 55% of total imports. The second position in the ranking was occupied by Belgium, with a 16% share of total imports. It was followed by Brazil, with a 5.2% share.

What is the average export price for machines for working wire in Chile?

In 2020, the average working wire machine export price amounted to $20 per unit, waning by -99.8% against the previous year.

What is the average import price for machines for working wire in Chile?

In 2021, the average working wire machine import price amounted to $169,031 per unit, surging by 82% against the previous year.

This report provides an in-depth analysis of the working wire machine 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 28413450 - Machines for working wire (excluding draw-benches, thread rolling machines)

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