Chile: Market for Table, Kitchen Or Household Articles And Parts Of Stainless Steel 2025

Market Size for Table, Kitchen Or Household Articles And Parts Of Stainless Steel in Chile

The Chilean stainless steel household articles market dropped notably to $X in 2022, declining by -18.2% against the previous year. In general, consumption continues to indicate a mild contraction. Stainless steel household articles consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Table, Kitchen Or Household Articles And Parts Of Stainless Steel in Chile

In value terms, stainless steel household articles production fell slightly to $X in 2022 estimated in export price. In general, production recorded a pronounced contraction. The most prominent rate of growth was recorded in 2019 with an increase of 31%. Stainless steel household articles production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Exports from Chile

In 2022, overseas shipments of table, kitchen or household articles and parts of stainless steel increased by 33% to X units, rising for the third consecutive year after three years of decline. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 321% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, stainless steel household articles exports dropped slightly to $X in 2022. In general, exports posted buoyant growth. The growth pace was the most rapid in 2020 when exports increased by 261%. The exports peaked at $X in 2021, and then declined slightly in the following year.

Exports by Country

Peru (X units), Bolivia (X units) and Mexico (X units) were the main destinations of stainless steel household articles exports from Chile, with a combined 88% share of total exports. Spain, Colombia and Paraguay lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +46.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for stainless steel household articles exported from Chile were Peru ($X), Bolivia ($X) and Paraguay ($X), together comprising 94% of total exports. Mexico, Spain and Colombia lagged somewhat behind, together comprising a further 5.6%.

Spain, with a CAGR of +46.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average stainless steel household articles export price amounted to $X per unit, shrinking by -25.8% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the average export price increased by 16%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.5%), while the prices for the other major destinations experienced a decline.

Imports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Imports into Chile

In 2022, approx. X units of table, kitchen or household articles and parts of stainless steel were imported into Chile; with a decrease of -31.8% compared with 2021. Overall, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 161%. As a result, imports reached the peak of X units, and then contracted markedly in the following year.

In value terms, stainless steel household articles imports shrank markedly to $X in 2022. Over the period under review, total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 120% against the previous year. As a result, imports attained the peak of $X, and then declined remarkably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of stainless steel household articles to Chile, accounting for a 74% share of total imports. Moreover, stainless steel household articles imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume from China totaled +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+39.1% per year) and India (-0.6% per year).

In value terms, China ($X) constituted the largest supplier of table, kitchen or household articles and parts of stainless steel to Chile, comprising 86% of total imports. The second position in the ranking was held by the United States ($X), with a 4.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+12.7% per year) and India (-4.2% per year).

Import Prices by Country

In 2022, the average stainless steel household articles import price amounted to $X per unit, increasing by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2013 an increase of 33% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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