Chile: Market for Sanitary Ware And Parts Of Iron Or Steel 2025

Market Size for Sanitary Ware And Parts Of Iron Or Steel in Chile

The Chilean market for sanitary ware and parts of iron or steel soared to $X in 2021, picking up by 49% against the previous year. In general, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +44.7% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Sanitary Ware And Parts Of Iron Or Steel in Chile

In value terms, iron or steel sanitary ware production contracted to $X in 2021 estimated in export price. Over the period under review, production saw a noticeable decrease. The growth pace was the most rapid in 2017 with an increase of 383% against the previous year. Iron or steel sanitary ware production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from Chile

In 2021, shipments abroad of sanitary ware and parts of iron or steel decreased by -55.2% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2019 when exports increased by 738% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, iron or steel sanitary ware exports declined significantly to $X in 2021. In general, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of 81% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Peru (X tons), Bolivia (X tons) and Panama (X tons) were the main destinations of iron or steel sanitary ware exports from Chile, with a combined 91% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Panama (with a CAGR of +139.6%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for iron or steel sanitary ware exported from Chile were Peru ($X), Bolivia ($X) and Panama ($X), with a combined 84% share of total exports.

In terms of the main countries of destination, Panama, with a CAGR of +144.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average export price for sanitary ware and parts of iron or steel amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price posted modest growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 355%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Paraguay ($X per ton), while the average price for exports to Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports into Chile

In 2021, purchases abroad of sanitary ware and parts of iron or steel was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 151% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, iron or steel sanitary ware imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of iron or steel sanitary ware to Chile, with a 87% share of total imports. Moreover, iron or steel sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X tons), tenfold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a 1.4% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+4.8% per year) and Taiwan (Chinese) (+2.0% per year).

In value terms, China ($X) constituted the largest supplier of sanitary ware and parts of iron or steel to Chile, comprising 83% of total imports. The second position in the ranking was taken by Portugal ($X), with a 5.4% share of total imports. It was followed by Taiwan (Chinese), with a 3.4% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+5.7% per year) and Taiwan (Chinese) (+2.9% per year).

Import Prices by Country

The average import price for sanitary ware and parts of iron or steel stood at $X per ton in 2021, with an increase of 17% against the previous year. Overall, the import price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 39% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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