Seals; Mechanical Price in Chile - 2023

Contents:

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

Seals; Mechanical Price in Chile (CIF) - 2022

The average seals; mechanical import price stood at $5.1 per unit in 2022, picking up by 4.4% against the previous year. Over the period under review, the import price, however, saw a mild reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by 32%. Over the period under review, average import prices reached the maximum at $6.1 per unit in 2014; however, from 2015 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 Switzerland ($15 per unit), while the price for South Korea ($2.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Seals; Mechanical Price in Chile (FOB) - 2022

The average seals; mechanical export price stood at $4.1 per unit in 2022, declining by -41.9% against the previous year. Overall, the export price recorded a slight slump. The most prominent rate of growth was recorded in 2018 an increase of 49% against the previous year. Over the period under review, the average export prices hit record highs at $7.2 per unit in 2020; however, from 2021 to 2022, the 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 Mexico ($7.9 per unit), while the average price for exports to the United States ($1.6 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 Costa Rica (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Seals; Mechanical Imports in Chile

In 2022, purchases abroad of seals; mechanicals decreased by -9% to 3.1M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.2% 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 +52.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 37%. Imports peaked at 3.4M units in 2021, and then fell in the following year.

In value terms, seals; mechanical imports reduced modestly to $16M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 51%. Imports peaked at $16M in 2021, and then contracted slightly in the following year.

Top Suppliers of Seals; Mechanical to Chile in 2022:

1. United States (652.2K units)
2. China (509.0K units)
3. Germany (488.7K units)
4. Brazil (221.9K units)
5. Czech Republic (129.1K units)
6. Finland (122.5K units)
7. Italy (107.2K units)
8. Switzerland (95.4K units)
9. Sweden (88.6K units)
10. Spain (88.6K units)
11. United Kingdom (64.9K units)
12. Mexico (55.3K units)
13. South Korea (46.5K units)

Seals; Mechanical Exports in Chile

Seals; mechanical exports from Chile soared to 121K units in 2022, picking up by 192% on 2021 figures. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, seals; mechanical exports surged to $496K in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. United States (64.3K units)
2. Mexico (29.1K units)
3. Peru (18.4K units)
4. Argentina (4.9K units)
5. Australia (0.1K units)

Source: IndexBox Market Intelligence Platform