Chile: Market for Residential, Commercial and Industrial Lighting Fixture 2025

Market Size for Residential, Commercial and Industrial Lighting Fixture in Chile

In 2021, the Chilean market for residential, commercial and industrial lighting fixture increased by 99% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption enjoyed a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Residential, Commercial and Industrial Lighting Fixture in Chile

In value terms, production of residential, commercial and industrial lighting fixture fell slightly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 57%. Over the period under review, production of hit record highs at $X in 2020, and then contracted slightly in the following year.

Exports of Residential, Commercial and Industrial Lighting Fixture

Exports from Chile

In 2021, approx. X units of residential, commercial and industrial lighting fixture were exported from Chile; dropping by -9.4% against the previous year. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 45% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of residential, commercial and industrial lighting fixture skyrocketed to $X in 2021. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 79% against the previous year. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Bolivia (X units) was the main destination for exports of residential, commercial and industrial lighting fixture from Chile, accounting for a 51% share of total exports. Moreover, exports of residential, commercial and industrial lighting fixture to Bolivia exceeded the volume sent to the second major destination, Peru (X units), twofold. The third position in this ranking was held by Paraguay (X units), with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume to Bolivia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-7.3% per year) and Paraguay (-11.4% per year).

In value terms, Bolivia ($X) remains the key foreign market for residential, commercial and industrial lighting fixture exports from Chile, comprising 63% of total exports. The second position in the ranking was taken by Peru ($X), with a 16% share of total exports. It was followed by Paraguay, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bolivia totaled -6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-7.5% per year) and Paraguay (-9.2% per year).

Export Prices by Country

The average export price for residential, commercial and industrial lighting fixture stood at $X per unit in 2021, jumping by 72% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for residential, commercial and industrial lighting fixture decreased by -3.1% against 2019 indices. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Residential, Commercial and Industrial Lighting Fixture

Imports into Chile

In 2021, purchases abroad of residential, commercial and industrial lighting fixture was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of residential, commercial and industrial lighting fixture surged to $X in 2021. Overall, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main supplier of residential, commercial and industrial lighting fixture to Chile, accounting for a 92% share of total imports. Moreover, imports of residential, commercial and industrial lighting fixture from China exceeded the figures recorded by the second-largest supplier, Pakistan (X units), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +3.1%.

In value terms, China ($X) constituted the largest supplier of residential, commercial and industrial lighting fixture to Chile, comprising 84% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 0.4% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +11.5%.

Import Prices by Country

In 2021, the average import price for residential, commercial and industrial lighting fixture amounted to $X per unit, growing by 21% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for residential, commercial and industrial lighting fixture increased by +25.2% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 29%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Pakistan amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.1%).

Source: IndexBox Platform

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