Chile: Television Receiver Market 2025

Television Receiver Market Size in Chile

The Chilean television receiver market reduced sharply to $X in 2022, falling by -50.2% 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). Over the period under review, consumption recorded a noticeable decrease. As a result, consumption reached the peak level of $X, and then reduced notably in the following year.

Television Receiver Exports

Exports from Chile

In 2022, overseas shipments of television receivers decreased by -54.4% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 321% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, television receiver exports reduced slightly to $X in 2022. Overall, exports, however, saw a perceptible increase. The pace of growth was the most pronounced in 2020 with an increase of 374%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Bolivia (X units) was the main destination for television receiver exports from Chile, with a 49% share of total exports. Moreover, television receiver exports to Bolivia exceeded the volume sent to the second major destination, Peru (X units), threefold. Costa Rica (X units) ranked third in terms of total exports with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bolivia stood at -7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-0.6% per year) and Costa Rica (-32.1% per year).

In value terms, Bolivia ($X) remains the key foreign market for television receivers exports from Chile, comprising 70% of total exports. The second position in the ranking was held by Peru ($X), with a 17% share of total exports. It was followed by Paraguay, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia totaled +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+0.7% per year) and Paraguay (+0.4% per year).

Export Prices by Country

The average television receiver export price stood at $X per unit in 2022, with an increase of 114% against the previous year. Overall, the export price saw a buoyant increase. The growth pace was the most rapid in 2014 an increase of 138%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Costa Rica ($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 Paraguay (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Television Receiver Imports

Imports into Chile

In 2022, the amount of television receivers imported into Chile dropped markedly to X units, shrinking by -38.9% compared with 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 60%. As a result, imports reached the peak of X units, and then plummeted in the following year.

In value terms, television receiver imports fell sharply to $X in 2022. Over the period under review, imports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 106%. As a result, imports attained the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of television receiver to Chile, with a 79% share of total imports. Moreover, television receiver imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), sevenfold. The third position in this ranking was held by Vietnam (X units), with a 3.9% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-9.4% per year) and Vietnam (+266.3% per year).

In value terms, the largest television receiver suppliers to Chile were China ($X), Mexico ($X) and Vietnam ($X), together comprising 98% of total imports.

Vietnam, with a CAGR of +232.9%, recorded 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

In 2022, the average television receiver import price amounted to $X per unit, with a decrease of -23.7% against the previous year. In general, the import price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 an increase of 29% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, 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 Mexico ($X per unit), while the price for Brazil ($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 (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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