Price for Navigational Instruments and Appliances; Parts and Accessories in Chile - 2024

Contents:

1. Price for Navigational Instruments and Appliances; Parts and Accessories in Chile (CIF) - 2022
2. Price for Navigational Instruments and Appliances; Parts and Accessories in Chile (FOB) - 2022
3. Imports of Navigational Instruments and Appliances; Parts and Accessories in Chile
4. Exports of Navigational Instruments and Appliances; Parts and Accessories in Chile

Price for Navigational Instruments and Appliances; Parts and Accessories in Chile (CIF) - 2022

The average import price for navigational instruments and appliances; parts and accessorieses stood at $263,966 per ton in 2022, rising by 2.7% against the previous year. In general, the import price, however, continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 159% against the previous year. Over the period under review, average import prices attained the maximum at $336,586 per ton 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 France ($693,000 per ton), while the price for Italy ($102,471 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Navigational Instruments and Appliances; Parts and Accessories in Chile (FOB) - 2022

In 2022, the average export price for navigational instruments and appliances; parts and accessorieses amounted to $1,250,000 per ton, increasing by 9.7% against the previous year. In general, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 146% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +33.5% per year.

Imports of Navigational Instruments and Appliances; Parts and Accessories in Chile

In 2022, purchases abroad of navigational instruments and appliances; parts and accessorieses decreased by -27.2% to 3 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a measured expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 114% against the previous year. As a result, imports attained the peak of 5.7 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of navigational instruments and appliances; parts and accessorieses reduced remarkably to $780K in 2022. In general, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 86%. As a result, imports attained the peak of $1M, and then declined remarkably in the following year.

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Chile in 2022:

1. Norway (1218.0 kg)
2. United States (488.0 kg)
3. Italy (393.0 kg)
4. Japan (389.0 kg)
5. Germany (122.0 kg)
6. China (113.0 kg)
7. Spain (33.0 kg)

Exports of Navigational Instruments and Appliances; Parts and Accessories in Chile

Exports of navigational instruments and appliances; parts and accessorieses from Chile surged to 8 kg in 2022, picking up by 100% on the year before. Over the period under review, exports, however, showed a sharp contraction. The pace of growth was the most pronounced in 2020 with an increase of 1,214%. As a result, the exports reached the peak of 276 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of navigational instruments and appliances; parts and accessorieses surged to $10K in 2022. Overall, exports recorded a mild increase. The pace of growth was the most pronounced in 2020 when exports increased by 2,173%. As a result, the exports attained the peak of $218K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Chile in 2022:

1. United States (8.0 kg)

Source: IndexBox Market Intelligence Platform