Chile: Moulds For Metal Market 2024

Moulds For Metal Market Size in Chile

The Chilean moulds for metal market fell dramatically to $X in 2022, which is down by -53.6% 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 deep reduction. Moulds for metal consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Moulds For Metal Exports

Exports from Chile

In 2022, approx. X tons of moulds for metals were exported from Chile; growing by 15% against 2021. In general, exports, however, recorded a perceptible contraction. The pace of growth was the most pronounced in 2018 when exports increased by 2,977%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, moulds for metal exports surged to $X in 2022. Overall, exports saw a slight expansion. The most prominent rate of growth was recorded in 2015 with an increase of 1,622%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Bolivia (X tons) was the main destination for moulds for metal exports from Chile, accounting for a 77% share of total exports. Moreover, moulds for metal exports to Bolivia exceeded the volume sent to the second major destination, Ecuador (X kg), sixfold. Paraguay (X kg) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume to Bolivia amounted to +84.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (+207.1% per year) and Paraguay (+71.6% per year).

In value terms, Bolivia ($X) remains the key foreign market for moulds for metals exports from Chile, comprising 71% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 22% share of total exports. It was followed by Peru, with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia stood at +90.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+111.4% per year) and Peru (-3.9% per year).

Export Prices by Country

In 2022, the average moulds for metal export price amounted to $X per ton, growing by 3.1% against the previous year. Over the period under review, the export price showed temperate growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 491% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+61.0%), while the prices for the other major destinations experienced more modest paces of growth.

Moulds For Metal Imports

Imports into Chile

In 2022, approx. X tons of moulds for metals were imported into Chile; waning by -60.2% against the year before. Over the period under review, imports saw a noticeable contraction. The growth pace was the most rapid in 2021 with an increase of 179%. As a result, imports reached the peak of X tons, and then reduced remarkably in the following year.

In value terms, moulds for metal imports dropped significantly to $X in 2022. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 160% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of moulds for metal to Chile, with a 48% share of total imports. Moreover, moulds for metal imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by Switzerland (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil stood at -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.9% per year) and Switzerland (+27.3% per year).

In value terms, Switzerland ($X), Canada ($X) and China ($X) were the largest moulds for metal suppliers to Chile, together accounting for 60% of total imports. Japan, Brazil, Taiwan (Chinese), South Korea and the United States lagged somewhat behind, together accounting for a further 31%.

Japan, with a CAGR of +132.2%, saw the highest growth rate of the value of imports, in terms of 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 moulds for metal import price amounted to $X per ton, surging by 42% against the previous year. Overall, the import price, however, showed a mild setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 46%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform