Chile: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in Chile

The Chilean non-numerically controlled sharpening machine market rose notably to $X in 2022, with an increase of 5.6% against the previous year. In general, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +75.8% against 2017 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in years to come.

Production of Non-Numerically Controlled Sharpening Machines For Working Metal in Chile

In value terms, non-numerically controlled sharpening machine production rose to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 29% against the previous year. Non-numerically controlled sharpening machine production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Chile

In 2022, after three years of growth, there was significant decline in shipments abroad of non-numerically controlled sharpening machines for working metal, when their volume decreased by -88.9% to X units. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 297%. Over the period under review, the exports attained the peak figure at X units in 2021, and then contracted rapidly in the following year.

In value terms, non-numerically controlled sharpening machine exports dropped notably to $X in 2022. In general, exports showed a abrupt slump. The pace of growth was the most pronounced in 2019 when exports increased by 411% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Uruguay (X units) was the main destination for non-numerically controlled sharpening machine exports from Chile, with a 87% share of total exports. Moreover, non-numerically controlled sharpening machine exports to Uruguay exceeded the volume sent to the second major destination, Bolivia (X units), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay totaled +16.5%.

In value terms, Uruguay ($X) emerged as the key foreign market for non-numerically controlled sharpening machines for working metal exports from Chile, comprising 87% of total exports. The second position in the ranking was held by Bolivia ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Uruguay stood at -6.0%.

Export Prices by Country

In 2022, the average non-numerically controlled sharpening machine export price amounted to $X per unit, rising by 17% against the previous year. Over the period under review, the export price, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2013 an increase of 73%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Uruguay stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+23.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Chile

In 2022, purchases abroad of non-numerically controlled sharpening machines for working metal increased by 45% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 211% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, non-numerically controlled sharpening machine imports dropped markedly to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 109%. As a result, imports attained the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-numerically controlled sharpening machine to Chile, accounting for a 90% share of total imports. Moreover, non-numerically controlled sharpening machine imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +25.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+6.0% per year) and France (+50.1% per year).

In value terms, China ($X) constituted the largest supplier of non-numerically controlled sharpening machines for working metal to Chile, comprising 30% of total imports. The second position in the ranking was held by the United States ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+7.3% per year) and France (+39.8% per year).

Import Prices by Country

The average non-numerically controlled sharpening machine import price stood at $X per unit in 2022, which is down by -58.2% against the previous year. In general, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 17%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, 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 France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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