Chile: Printing Press Market 2024

Printing Press Market Size in Chile

After two years of growth, the Chilean printing press market decreased by -44% to $X in 2022. Overall, consumption saw a deep downturn. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Printing Press Production in Chile

In value terms, printing press production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when the production volume increased by 2.8% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Printing Press Exports

Exports from Chile

In 2022, overseas shipments of printing presses decreased by -19.4% to X units, falling for the fourth year in a row after two years of growth. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of 175%. Over the period under review, the exports reached the peak figure at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, printing press exports expanded modestly to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 91% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Bolivia (X units) was the main destination for printing press exports from Chile, with a 40% share of total exports. Moreover, printing press exports to Bolivia exceeded the volume sent to the second major destination, Argentina (X units), twofold. Brazil (X units) ranked third in terms of total exports with a 9.5% share.

From 2012 to 2022, the average annual growth rate of volume to Bolivia totaled +33.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+9.0% per year) and Brazil (+15.8% per year).

In value terms, Bolivia ($X), Brazil ($X) and Argentina ($X) appeared to be the largest markets for printing press exported from Chile worldwide, with a combined 38% share of total exports. Venezuela, Guatemala, Peru, Paraguay, the Philippines and Uruguay lagged somewhat behind, together comprising a further 10%.

Venezuela, with a CAGR of +129.2%, recorded 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 printing press export price stood at $X per unit in 2022, jumping by 28% against the previous year. Overall, the export price showed prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 608% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+119.7%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Press Imports

Imports into Chile

In 2022, overseas purchases of printing presses decreased by -58% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2016 when imports increased by 166%. Imports peaked at X units in 2021, and then reduced notably in the following year.

In value terms, printing press imports soared to $X in 2022. Over the period under review, imports saw a perceptible curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 98% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of printing press to Chile, with a 51% share of total imports. Moreover, printing press imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold. The third position in this ranking was taken by the United States (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+15.4% per year) and the United States (-11.3% per year).

In value terms, China ($X), the UK ($X) and Italy ($X) appeared to be the largest printing press suppliers to Chile, together comprising 27% of total imports.

In terms of the main suppliers, the UK, with a CAGR of +10.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average printing press import price stood at $X per unit in 2022, increasing by 258% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. The import price peaked at $X per unit in 2017; however, from 2018 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 Italy ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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