Seals; Mechanical Price in Bolivia - 2023

Contents:

1. Seals; Mechanical Price in Bolivia (CIF) - 2022
2. Seals; Mechanical Price in Bolivia (FOB) - 2022
3. Seals; Mechanical Imports in Bolivia
4. Seals; Mechanical Exports in Bolivia

Seals; Mechanical Price in Bolivia (CIF) - 2022

In 2022, the average seals; mechanical import price amounted to $19 per unit, which is down by -14.1% against the previous year. Over the period under review, the import price faced a deep setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 71% against the previous year. As a result, import price attained the peak level of $101 per unit. From 2014 to 2022, the average import prices remained at a lower figure.

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 Mexico ($123 per unit), while the price for Turkey ($3.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Seals; Mechanical Price in Bolivia (FOB) - 2022

The average seals; mechanical export price stood at $1,040 per unit in 2022, rising by 765% against the previous year. Over the period under review, the export price enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 1,719%. As a result, the export price reached the peak level of $2,398 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

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 Argentina ($3,965 per unit), while the average price for exports to Mexico ($54 per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+30.8%), while the prices for the other major destinations experienced more modest paces of growth.

Seals; Mechanical Imports in Bolivia

Seals; mechanical imports into Bolivia soared to 98K units in 2022, picking up by 94% compared with 2021. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 95% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, seals; mechanical imports soared to $1.8M in 2022. Over the period under review, imports posted a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 77% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Seals; Mechanical to Bolivia in 2022:

1. Japan (42.2K units)
2. Brazil (27.6K units)
3. China (6.5K units)
4. United Kingdom (4.9K units)
5. Taiwan (Chinese) (4.5K units)
6. Turkey (3.2K units)
7. Italy (2.9K units)
8. United States (1.8K units)
9. Germany (0.5K units)

Seals; Mechanical Exports in Bolivia

After three years of growth, shipments abroad of seals; mechanicals decreased by -95.7% to 4 units in 2022. Over the period under review, exports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2020 with an increase of 300%. The exports peaked at 94 units in 2021, and then declined rapidly in the following year.

In value terms, seals; mechanical exports declined significantly to $4.2K in 2022. In general, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 171% against the previous year. The exports peaked at $11K in 2021, and then reduced sharply in the following year.

Top Export Markets for Seals; Mechanical from Bolivia in 2022:

1. Mexico (2.0 units)
2. Argentina (1.0 units)
3. Chile (1.0 units)

Source: IndexBox Market Intelligence Platform