Price for Machinery; Parts of the Machinery of Heading No. 8425 in Chile - 2024

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Chile (CIF) - 2022
  2. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Chile (FOB) - 2022
  3. Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Chile
  4. Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Chile

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Chile (CIF) - 2022

In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $13,690 per ton, surging by 8.4% against the previous year. In general, the import price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2014 an increase of 31%. Over the period under review, average import prices reached the peak figure at $22,019 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Finland ($79,459 per ton), while the price for China ($3,862 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Chile (FOB) - 2022

The average export price for machinery; parts of the machinery of heading no. 8425 stood at $7,428 per ton in 2022, rising by 4.9% against the previous year. Over the period under review, the export price recorded a remarkable increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 121%. Over the period under review, the average export prices reached the peak figure at $11,114 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($13,055 per ton), while the average price for exports to Bolivia ($3,546 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+76.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Chile

In 2022, after three years of growth, there was significant decline in supplies from abroad of machinery; parts of the machinery of heading no. 8425, when their volume decreased by -38.6% to 347 tons. Overall, imports, however, posted resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 63%. As a result, imports attained the peak of 565 tons, and then fell rapidly in the following year.

In value terms, imports of machinery; parts of the machinery of heading no. 8425 reduced remarkably to $4.7M in 2022. Over the period under review, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 91% against the previous year.

Import of Machinery; Parts of the Machinery of Heading No. 8425 in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6451,1022,1231,18922.6%
China4644771,32091325.3%
Germany3483,44654847611.0%
Italy406136159325-7.1%
Spain214101185198-2.6%
South Korea14.018.854.564.366.2%
Australia46.479.31,7495.5-50.9%
Others1,0958239961,57913.0%
Total3,2326,1857,1354,75013.7%

Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Chile in 2022:

  1. China (236.3 tons)
  2. United States (31.6 tons)
  3. Italy (18.7 tons)
  4. Germany (9.3 tons)
  5. South Korea (7.5 tons)
  6. Spain (6.3 tons)
  7. Australia (0.1 tons)

Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Chile

In 2022, the amount of machinery; parts of the machinery of heading no. 8425 exported from Chile soared to 58 tons, increasing by 193% on 2021 figures. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of machinery; parts of the machinery of heading no. 8425 soared to $430K in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Machinery; Parts of the Machinery of Heading No. 8425 in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.96.450.4155216.3%
Brazil2.1N/AN/A99.9262.3%
Peru20.112.820.359.543.6%
Bolivia0.73.56.952.3321.2%
Mexico2.91321.227.6111.9%
Dominican RepublicN/AN/AN/A16.70%
Argentina20.12.426.511.3-17.5%
Italy18.420.9N/AN/A13.6%
Others28.751.934.67.8-35.2%
Total97.823014043063.8%

Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Chile in 2022:

  1. United States (16.0 tons)
  2. Bolivia (14.8 tons)
  3. Peru (11.8 tons)
  4. Brazil (7.7 tons)
  5. Dominican Republic (3.4 tons)
  6. Mexico (3.1 tons)
  7. Argentina (0.5 tons)

Source: IndexBox Market Intelligence Platform

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