Chile: Market for Snow-Ploughs And Snow-Blowers 2024

Market Size for Snow-Ploughs And Snow-Blowers in Chile

The Chilean snow ploughs and blowers market amounted to $X in 2022, growing by 9.6% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Snow ploughs and blowers consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Snow-Ploughs And Snow-Blowers in Chile

In value terms, snow ploughs and blowers production expanded significantly to $X in 2022 estimated in export price. Overall, the total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -9.8% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 64%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Snow-Ploughs And Snow-Blowers

Exports from Chile

In 2022, approx. X units of snow-ploughs and snow-blowers were exported from Chile; declining by -90% on the year before. In general, exports recorded a dramatic decline. The pace of growth appeared the most rapid in 2013 with an increase of 117%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, snow ploughs and blowers exports shrank notably to $X in 2022. Overall, exports continue to indicate a precipitous curtailment. The smallest decline of -3.4% was in 2017. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Bolivia (X units) was the main destination for snow ploughs and blowers exports from Chile, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Bolivia was relatively modest.

In value terms, Bolivia ($X) emerged as the key foreign market for snow-ploughs and snow-blowers exports from Chile.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia was relatively modest.

Export Prices by Country

In 2022, the average snow ploughs and blowers export price amounted to $X per unit, dropping by -59.8% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 481% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +22.1% per year.

Imports of Snow-Ploughs And Snow-Blowers

Imports into Chile

In 2022, snow ploughs and blowers imports into Chile shrank dramatically to X units, with a decrease of -64.7% against the year before. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 225% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, snow ploughs and blowers imports dropped rapidly to $X in 2022. Over the period under review, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 139% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of snow ploughs and blowers to Chile, accounting for a 50% share of total imports. Moreover, snow ploughs and blowers imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. Spain (X units) ranked third in terms of total imports with a 17% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-6.7% per year) and Spain (0.0% per year).

In value terms, China ($X) constituted the largest supplier of snow-ploughs and snow-blowers to Chile, comprising 75% of total imports. The second position in the ranking was held by Spain ($X), with a 16% share of total imports. It was followed by the United States, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+43.0% per year) and the United States (-32.5% per year).

Import Prices by Country

The average snow ploughs and blowers import price stood at $X per unit in 2022, shrinking by -59.7% against the previous year. Overall, the import price showed a sharp downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 43%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 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 China ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+65.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :