Report Update: May 1, 2024

Chile - Toothed Wheels, Chain Sprockets and Other Transmission Elements - Market Analysis, Forecast, Size, Trends And Insights

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Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Chile - 2023

Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Chile (CIF) - 2023
Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Chile (FOB) - 2022
Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Chile
Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Chile

Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Chile (CIF) - 2023

The average import price for toothed wheels, chain sprockets and other transmission elements stood at $25,579 per ton in November 2023, rising by 6.9% against the previous month. Overall, the import price, however, saw a mild reduction. The most prominent rate of growth was recorded in September 2023 an increase of 43% month-to-month. As a result, import price attained the peak level of $37,326 per ton. From October 2023 to November 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($51,274 per ton), while the price for South Africa ($7,235 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Chile (FOB) - 2022

The average export price for toothed wheels, chain sprockets and other transmission elements stood at $21,213 per ton in 2022, reducing by -7.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2013 an increase of 44%. The export price peaked at $27,649 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mongolia ($39,569 per ton), while the average price for exports to the UK ($4,850 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 Peru (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Chile

For the fourth year in a row, Chile recorded growth in supplies from abroad of toothed wheels, chain sprockets and other transmission elements, which increased by 7.2% to 3.3K tons in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.5% 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 +46.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of toothed wheels, chain sprockets and other transmission elements surged to $80M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	18.9	21.8	23.0	35.8	23.7%
Germany	7.5	8.3	6.8	7.4	-0.4%
China	3.6	3.6	5.4	6.9	24.2%
Italy	1.6	1.4	1.4	4.5	41.2%
Brazil	2.4	1.9	2.6	3.2	10.1%
India	0.2	0.1	0.2	1.5	95.7%
Canada	2.0	2.6	1.2	1.4	-11.2%
Others	13.9	10.8	22.8	18.9	10.8%
Total	50.1	50.4	63.4	79.6	16.7%

Top Suppliers of Toothed Wheels, Chain Sprockets and Other Transmission Elements to Chile in 2022:

China (950.3 tons)
United States (923.6 tons)
Brazil (271.9 tons)
Germany (256.7 tons)
Italy (190.7 tons)
India (81.7 tons)
Canada (69.6 tons)

Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Chile

In 2022, overseas shipments of toothed wheels, chain sprockets and other transmission elements decreased by -11.4% to 65 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 25% against the previous year. As a result, the exports attained the peak of 74 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of toothed wheels, chain sprockets and other transmission elements shrank notably to $1.4M in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 38% against the previous year. As a result, the exports attained the peak of $1.8M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mongolia	N/A	N/A	N/A	431	0%
Peru	408	506	510	329	-6.9%
United States	87.9	669	116	102	5.1%
Argentina	575	118	101	96.4	-44.9%
United Kingdom	N/A	N/A	N/A	74.1	0%
Colombia	109	64.5	17.8	19.0	-44.1%
Paraguay	0.8	3.0	3.8	18.9	186.9%
Brazil	6.7	83.1	56.1	18.8	41.0%
United Arab Emirates	N/A	N/A	4.5	N/A	0%
Others	131	371	882	294	30.9%
Total	1,319	1,815	1,692	1,383	1.6%

Top Export Markets for Toothed Wheels, Chain Sprockets and Other Transmission Elements from Chile in 2022:

United Kingdom (15.3 tons)
Peru (13.9 tons)
United States (12.4 tons)
Mongolia (10.9 tons)
Argentina (4.8 tons)
Brazil (1.6 tons)
Paraguay (1.0 tons)
Colombia (0.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for toothed wheels, chain sprockets and other transmission elements 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 28153930 - Parts of bearing housings
Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints

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