Report Update: May 1, 2024

Chile - Electrical Resistors (Except Heating Resistors) - Market Analysis, Forecast, Size, Trends and Insights

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Resistor Price in Chile - 2023

Resistor Price in Chile (CIF) - 2022

In 2022, the average resistor import price amounted to $8.5 per thousand units, picking up by 93% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, resistor import price decreased by -9.2% against 2019 indices. Over the period under review, average import prices reached the maximum at $9.4 per thousand units in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($35 per thousand units), while the price for Japan ($1.4 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Resistor Price in Chile (FOB) - 2022

In 2022, the average resistor export price amounted to less than $0.1 per unit, which is down by -62.9% against the previous year. Over the period under review, the export price showed a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 196% against the previous year. As a result, the export price reached the peak level of $0.3 per unit. From 2015 to 2022, the average 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 Bolivia ($0.2 per unit), while the average price for exports to Argentina (less than $0.1 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 Colombia (+1.4%), while the prices for the other major destinations experienced a decline.

Resistor Imports in Chile

In 2022, overseas purchases of electrical resistors (except heating resistors) decreased by -42.3% to 1.2B units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. As a result, imports reached the peak of 2B units, and then reduced notably in the following year.

In value terms, resistor imports expanded markedly to $10M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 +52.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 50% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Resistor in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	3,216	4,854	5,411	5,595	20.3%
China	286	271	377	602	28.2%
Canada	452	1,557	283	568	7.9%
Germany	825	665	861	491	-15.9%
Brazil	234	896	266	334	12.6%
Spain	184	297	293	297	17.3%
Japan	55.5	220	156	88.4	16.8%
France	257	81.5	48.7	36.1	-48.0%
Others	1,105	1,107	1,333	2,069	23.3%
Total	6,614	9,949	9,030	10,080	15.1%

Top Suppliers of Resistor to Chile in 2022:

United States (267.2M units)
Brazil (184.9M units)
China (136.9M units)
Japan (61.3M units)
Germany (48.6M units)
Spain (27.4M units)
France (17.3M units)
Canada (16.2M units)

Resistor Exports in Chile

For the fourth consecutive year, Chile recorded growth in shipments abroad of electrical resistors (except heating resistors), which increased by 14% to 6.8M units in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 649%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, resistor exports contracted remarkably to $319K in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 159% against the previous year. As a result, the exports reached the peak of $755K, and then fell significantly in the following year.

Export of Resistor in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	N/A	N/A	N/A	190	0%
Peru	9.0	250	24.8	43.3	68.8%
Bolivia	21.0	14.8	51.8	42.6	26.6%
Argentina	8.6	0.1	2.5	3.3	-27.3%
Brazil	N/A	3.7	617	N/A	16575.7%
Others	88.9	23.0	58.4	39.7	-23.6%
Total	128	292	755	319	35.6%

Top Export Markets for Resistor from Chile in 2022:

Spain (5.2M units)
Peru (1.0M units)
Bolivia (0.2M units)
Argentina (0.1M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the resistor 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 27906035 - Fixed electrical resistors for a power handling capacity . .20 W (excluding heating resistors and fixed carbon resistors, c omposition or film types)
Prodcom 27906037 - Fixed electrical resistors for a power handling capacity > .20 W (excluding heating resistors and fixed carbon resistors, c omposition or film types)
Prodcom 27906055 - Wirewound variable resistors for a power handling capacity. .20 W
Prodcom 27906057 - Wirewound variable resistors for a power handling capacity > .20 W
Prodcom 27906080 - Fixed carbon resistors, composition or film types (excluding heating resistors), electrical variable resistors, including rheostats and potentiometers (excluding wirewound variable resistors and heating resistors)

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