Report Update: May 1, 2024

Chile - Multimeters - Market Analysis, Forecast, Size, Trends And Insights

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Multimeter Price in Chile - 2023

Multimeter Price in Chile (CIF) - 2022

The average multimeter import price stood at $18 per unit in 2022, falling by -24.3% against the previous year. Overall, the import price faced a deep setback. The pace of growth was the most pronounced in 2017 when the average import price increased by 18% against the previous year. Over the period under review, average import prices attained the peak figure at $55 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($17 per unit) and Sweden ($16 per unit), while the price for Mexico ($16 per unit) and India ($16 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-11.3%), while the prices for the other major suppliers experienced a decline.

Multimeter Price in Chile (FOB) - 2022

The average multimeter export price stood at $62 per unit in 2022, declining by -12.9% against the previous year. Overall, the export price saw a slight shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 35% against the previous year. The export price peaked at $72 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Bolivia ($62 per unit) and Mexico ($62 per unit), while the average price for exports to Peru ($62 per unit) and the UK ($62 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Multimeter Imports in Chile

In 2022, approx. 183K units of multimeters were imported into Chile; dropping by -7.4% against the previous year's figure. The total import volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports attained the peak of 198K units, and then reduced in the following year.

In value terms, multimeter imports fell dramatically to $3.3M in 2022. Over the period under review, imports faced a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. Imports peaked at $4.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Multimeter in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	954	940	1,700	1,209	8.2%
United States	260	502	967	1,043	58.9%
Germany	68.4	89.5	108	145	28.5%
Sweden	31.6	32.8	38.5	134	61.9%
Italy	169	63.9	95.0	76.4	-23.3%
Malaysia	0.5	0.3	121	60.0	393.2%
Spain	101	117	56.4	53.2	-19.2%
India	349	124	94.6	12.5	-67.0%
France	208	127	77.9	8.8	-65.2%
Canada	1,255	967	516	3.6	-85.8%
Indonesia	198	115	86.2	N/A	-34.0%
Singapore	165	338	68.4	N/A	-35.6%
Others	1,147	698	749	532	-22.6%
Total	4,907	4,114	4,678	3,277	-12.6%

Top Suppliers of Multimeter to Chile in 2022:

China (76.6K units)
United States (66.0K units)
Germany (9.2K units)
Sweden (8.4K units)
Italy (4.8K units)
Malaysia (3.6K units)
Spain (3.4K units)
India (0.8K units)
France (0.6K units)
Canada (0.2K units)

Multimeter Exports in Chile

In 2022, shipments abroad of multimeters decreased by -84.3% to 370 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 127%. As a result, the exports reached the peak of 2.4K units, and then reduced notably in the following year.

In value terms, multimeter exports dropped sharply to $23K in 2022. Over the period under review, exports showed a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 207%. As a result, the exports reached the peak of $167K, and then shrank notably in the following year.

Export of Multimeter in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	N/A	N/A	N/A	11.5	0%
Peru	16.0	1.0	1.1	3.4	-40.3%
United Kingdom	1.7	8.1	8.6	3.3	24.7%
Paraguay	0.4	N/A	N/A	1.7	62.0%
Germany	1.8	N/A	N/A	1.3	-10.3%
Denmark	N/A	N/A	N/A	1.0	0%
Mexico	0.7	15.2	N/A	0.5	-10.6%
Uruguay	4.0	N/A	N/A	0.1	-70.8%
Venezuela	N/A	N/A	70.0	N/A	0%
Guatemala	N/A	5.6	N/A	N/A	0%
France	4.9	N/A	37.4	N/A	176.3%
Brazil	11.6	17.3	41.8	N/A	89.8%
Others	1.9	7.4	8.4	0.1	-62.5%
Total	43.0	54.5	167	22.8	-19.1%

Top Export Markets for Multimeter from Chile in 2022:

Switzerland (187.0 units)
Peru (55.0 units)
United Kingdom (54.0 units)
Paraguay (27.0 units)
Germany (20.0 units)
Denmark (16.0 units)
Mexico (8.0 units)
Uruguay (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the multimeter 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 26514310 - Multimeters

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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