Chile: Semiconductor Device Market 2025

Semiconductor Device Market Size in Chile

The Chilean semiconductor device market plummeted to $X in 2021, which is down by -34.8% 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). Overall, consumption continues to indicate a noticeable curtailment. Semiconductor device consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Semiconductor Device Exports

Exports from Chile

In 2021, exports of semiconductor devices from Chile fell rapidly to X units, which is down by -42.2% on the previous year. In general, exports showed a dramatic contraction. The pace of growth was the most pronounced in 2019 when exports increased by 11,013%. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, semiconductor device exports soared to $X in 2021. Overall, exports faced a abrupt curtailment. The growth pace was the most rapid in 2019 when exports increased by 23,620%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Paraguay (X units), Peru (X units) and Spain (X units) were the main destinations of semiconductor device exports from Chile, together accounting for 83% of total exports. These countries were followed by Bolivia, Denmark, Argentina, Costa Rica, the United States and Uruguay, which together accounted for a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bolivia (with a CAGR of +8.6%), while the other leaders experienced mixed trend patterns.

In value terms, Peru ($X) remains the key foreign market for semiconductor devices exports from Chile, comprising 69% of total exports. The second position in the ranking was held by Paraguay ($X), with a 14% share of total exports. It was followed by Spain, with a 9.8% share.

From 2012 to 2021, the average annual growth rate of value to Peru amounted to +16.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-3.7% per year) and Spain (+11.1% per year).

Export Prices by Country

The average semiconductor device export price stood at $X per unit in 2021, increasing by 107% against the previous year. Overall, the export price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 113%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to Costa Rica ($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 Peru (+36.5%), while the prices for the other major destinations experienced more modest paces of growth.

Semiconductor Device Imports

Imports into Chile

Semiconductor device imports into Chile shrank sharply to X units in 2021, with a decrease of -37.1% against the year before. Overall, imports showed a pronounced contraction. The pace of growth appeared the most rapid in 2018 with an increase of 317%. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, semiconductor device imports reduced dramatically to $X in 2021. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 169% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Sweden (X units) constituted the largest supplier of semiconductor device to Chile, accounting for a 48% share of total imports. Moreover, semiconductor device imports from Sweden exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Spain (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden stood at +128.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.6% per year) and Spain (+12.8% per year).

In value terms, the largest semiconductor device suppliers to Chile were Sweden ($X), China ($X) and the United States ($X), together accounting for 76% of total imports.

Sweden, with a CAGR of +120.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average semiconductor device import price amounted to $X per unit, surging by 17% against the previous year. Overall, the import price, however, recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2019 an increase of 237% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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 Germany ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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