Chile - Motor Vehicles Compression-Ignition Internal Combustion Piston Engines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Chile - Motor Vehicles Compression-Ignition Internal Combustion Piston Engines - Market Analysis, Forecast, Size, Trends and Insights

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Internal Combustion Engines Price in Chile - 2023

Contents:

  1. Internal Combustion Engines Price in Chile (CIF) - 2022
  2. Internal Combustion Engines Price in Chile (FOB) - 2022
  3. Internal Combustion Engines Imports in Chile
  4. Internal Combustion Engines Exports in Chile

Internal Combustion Engines Price in Chile (CIF) - 2022

The average internal combustion engines import price stood at $5,679 per unit in 2022, jumping by 43% against the previous year. Over the period under review, the import price, however, saw a abrupt curtailment. The import price peaked at $19,096 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($65,758 per unit), while the price for Spain ($295 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Internal Combustion Engines Price in Chile (FOB) - 2022

The average internal combustion engines export price stood at $9,410 per unit in 2022, picking up by 17% against the previous year. In general, the export price recorded a resilient increase. The growth pace was the most rapid in 2013 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices attained the maximum at $11,462 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($23,900 per unit), while the average price for exports to Peru ($939 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 South Africa (+76.0%), while the prices for the other major destinations experienced more modest paces of growth.

Internal Combustion Engines Imports in Chile

In 2022, overseas purchases of motor vehicles compression-ignition internal combustion piston engines decreased by -19.7% to 22K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 105% against the previous year. As a result, imports reached the peak of 27K units, and then fell notably in the following year.

In value terms, internal combustion engines imports totaled $125M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. Over the period under review, imports hit record highs at $125M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Internal Combustion Engines in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States96.057.363.774.3-8.2%
United Kingdom10.69.226.531.844.2%
South Korea2.61.95.04.015.4%
Japan6.13.62.73.7-15.4%
France0.20.41.11.8108.0%
Spain0.11.50.60.571.0%
Italy0.40.10.10.3-9.1%
Australia2.62.21.3N/A-29.3%
Others6.64.37.88.58.8%
Total12580.41091250.0%

Top Suppliers of Internal Combustion Engines to Chile in 2022:

  1. Australia (undefinedK units)
  2. South Korea (11.6K units)
  3. United States (2.3K units)
  4. France (2.2K units)
  5. Japan (1.5K units)
  6. Spain (1.5K units)
  7. Italy (0.5K units)
  8. United Kingdom (0.5K units)

Internal Combustion Engines Exports in Chile

In 2022, the amount of motor vehicles compression-ignition internal combustion piston engines exported from Chile declined sharply to 1.3K units, falling by -41% against the previous year's figure. In general, exports saw a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 24%. Over the period under review, the exports attained the peak figure at 3.6K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, internal combustion engines exports fell dramatically to $12M in 2022. Overall, exports saw a sharp setback. The smallest decline of -13.2% was in 2021. The exports peaked at $25M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Internal Combustion Engines in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18.318.113.410.6-16.6%
Bolivia4.20.80.61.1-36.0%
Peru0.5N/A0.20.3-15.7%
ParaguayN/A0.10.20.10.0%
Spain1.0N/AN/AN/A0%
GermanyN/A0.1N/AN/A0%
Australia0.20.83.1N/A293.7%
Others0.60.50.30.2-30.7%
Total24.920.417.712.2-21.2%

Top Export Markets for Internal Combustion Engines from Chile in 2022:

  1. Bolivia (469.0 units)
  2. United States (442.0 units)
  3. Peru (350.0 units)
  4. Paraguay (21.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the internal combustion engines market in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 29101300 - Vehicle compression-ignition internal combustion piston engines (diesel or semi-diesel) (excluding for railway or tramway rolling stock)

Country coverage:

  • Chile

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Chile
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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