Chile: Market for Non-Electronic Hydro-, Hygro-, Psychrometers 2025

Market Size for Non-Electronic Hydro-, Hygro-, Psychrometers in Chile

The Chilean non-electronic hydro- and hygrometers market reached $X in 2021, surging by 1.9% 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, however, saw a relatively flat trend pattern. Non-electronic hydro- and hygrometers consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Non-Electronic Hydro-, Hygro-, Psychrometers

Exports from Chile

In 2021, overseas shipments of non-electronic hydro-, hygro-, psychrometers decreased by -45.7% to X units for the first time since 2018, thus ending a two-year rising trend. In general, exports showed a deep setback. The growth pace was the most rapid in 2020 with an increase of 49%. As a result, the exports attained the peak of X units, and then dropped markedly in the following year.

In value terms, non-electronic hydro- and hygrometers exports contracted notably to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 36%. Over the period under review, the exports attained the maximum at $X in 2020, and then reduced markedly in the following year.

Exports by Country

Argentina (X units), Colombia (X units) and China (X units) were the main destinations of non-electronic hydro- and hygrometers exports from Chile, together accounting for 67% of total exports. Brazil, the United States, Japan and Peru lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +68.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Colombia ($X) and China ($X) appeared to be the largest markets for non-electronic hydro- and hygrometers exported from Chile worldwide, with a combined 66% share of total exports. These countries were followed by Brazil, the United States, Japan and Peru, which together accounted for a further 28%.

Japan, with a CAGR of +60.2%, 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

The average non-electronic hydro- and hygrometers export price stood at $X per unit in 2021, surging by 20% against the previous year. In general, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of 37%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Japan ($X per unit) and Peru ($X per unit), while the average price for exports to Argentina ($X per unit) and Colombia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Electronic Hydro-, Hygro-, Psychrometers

Imports into Chile

For the third consecutive year, Chile recorded growth in purchases abroad of non-electronic hydro-, hygro-, psychrometers, which increased by 11% to X units in 2021. In general, imports, however, continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 70% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, non-electronic hydro- and hygrometers imports fell to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. As a result, imports attained the peak of $X, and then declined slightly in the following year.

Imports by Country

China (X units), the United States (X units) and Germany (X units) were the main suppliers of non-electronic hydro- and hygrometers imports to Chile, with a combined 48% share of total imports. Australia, Brazil, Italy, South Korea, Finland, Thailand, Canada, Spain, Singapore and the UK lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +40.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electronic hydro- and hygrometers suppliers to Chile were the United States ($X), China ($X) and Germany ($X), with a combined 51% share of total imports. These countries were followed by Australia, Brazil, Italy, South Korea, Finland, Thailand, Canada, Spain, Singapore and the UK, which together accounted for a further 29%.

Thailand, with a CAGR of +43.2%, 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

The average non-electronic hydro- and hygrometers import price stood at $X per unit in 2021, which is down by -13.9% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-electronic hydro- and hygrometers import price decreased by -34.1% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 20% against the previous year. 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.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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