Chile: Diode Market 2024

Diode Market Size in Chile

In 2021, the Chilean diode market was finally on the rise to reach $X after three years of decline. In general, consumption, however, recorded a drastic downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Diode Exports

Exports from Chile

In 2021, approx. X units of diodes, other than photosensitive or light emitting diodes were exported from Chile; declining by -61.5% on 2020 figures. Over the period under review, exports recorded a drastic downturn. The growth pace was the most rapid in 2014 with an increase of 343% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, diode exports declined markedly to $X in 2021. In general, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of 354% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Peru (X units) was the main destination for diode exports from Chile, with a 77% share of total exports. Moreover, diode exports to Peru exceeded the volume sent to the second major destination, Bolivia (X units), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Peru amounted to +43.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-7.9% per year) and Belgium (+1.4% per year).

In value terms, Peru ($X) remains the key foreign market for diodes, other than photosensitive or light emitting diodes exports from Chile, comprising 75% of total exports. The second position in the ranking was taken by Bolivia ($X), with a 15% share of total exports. It was followed by Belgium, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Peru stood at +47.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-4.8% per year) and Belgium (+2.8% per year).

Export Prices by Country

The average diode export price stood at $X per unit in 2021, picking up by 8.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Belgium ($X per unit) and the United States ($X per unit), while the average price for exports to Peru ($X per unit) and Bolivia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Diode Imports

Imports into Chile

After three years of decline, purchases abroad of diodes, other than photosensitive or light emitting diodes increased by 52% to X units in 2021. Overall, imports, however, showed a abrupt slump. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, diode imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a abrupt decrease. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X units), China (X units) and Sweden (X units) were the main suppliers of diode imports to Chile, together accounting for 61% of total imports. These countries were followed by Japan, Brazil, Germany, the Czech Republic, Canada, the UK, South Korea, Switzerland, France and Spain, which together accounted for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +29.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest diode suppliers to Chile were the United States ($X), China ($X) and Sweden ($X), together accounting for 61% of total imports. Japan, Brazil, Germany, the Czech Republic, Canada, the UK, South Korea, Switzerland, France and Spain lagged somewhat behind, together comprising a further 29%.

The Czech Republic, with a CAGR of +235.0%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average diode import price stood at $X per unit in 2021, increasing by 11% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, diode import price increased by +63.5% against 2016 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 13% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Spain ($X per unit) and South Korea ($X per unit), while the price for China ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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