Chile - Spades And Shovels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpades and Shovels Price in Chile - 2023
Contents:
- Spades and Shovels Price in Chile (CIF) - 2023
- Spades and Shovels Price in Chile (FOB) - 2022
- Spades and Shovels Imports in Chile
- Spades and Shovels Exports in Chile
Spades and Shovels Price in Chile (CIF) - 2023
In July 2023, the average spades and shovels import price amounted to $2,264 per ton, declining by -31.9% against the previous month. Overall, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 76% against the previous month. Over the period under review, average import prices reached the maximum at $3,978 per ton in November 2022; however, from December 2022 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Mexico ($8,486 per ton), while the price for China ($1,958 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Mexico (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Spades and Shovels Price in Chile (FOB) - 2022
The average spades and shovels export price stood at $5,214 per ton in 2022, declining by -15.4% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 39% against the previous year. As a result, the export price reached the peak level of $8,600 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($7,745 per ton), while the average price for exports to the United States ($3,242 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 Bolivia (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Spades and Shovels Imports in Chile
In 2022, approx. 989 tons of spades and shovels were imported into Chile; dropping by -30.5% against 2021 figures. Over the period under review, imports, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2021 when imports increased by 105%. As a result, imports attained the peak of 1.4K tons, and then contracted dramatically in the following year.
In value terms, spades and shovels imports shrank rapidly to $3.1M in 2022. Overall, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 136%. As a result, imports attained the peak of $4.1M, and then declined markedly in the following year.
| Import of Spades and Shovels in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,379 | 945 | 2,479 | 2,194 | 16.7% |
| Mexico | 470 | 583 | 985 | 590 | 7.9% |
| Brazil | 120 | 112 | 271 | 199 | 18.4% |
| Colombia | 28.5 | 53.0 | 88.6 | 51.4 | 21.7% |
| Others | 76.8 | 49.6 | 283 | 91.3 | 5.9% |
| Total | 2,074 | 1,742 | 4,107 | 3,126 | 14.7% |
Top Suppliers of Spades and Shovels to Chile in 2022:
- China (829.0 tons)
- Mexico (91.5 tons)
- Brazil (48.4 tons)
- Colombia (11.3 tons)
Spades and Shovels Exports in Chile
In 2022, after two years of decline, there was significant growth in overseas shipments of spades and shovels, when their volume increased by 21% to 9.1 tons. Over the period under review, exports, however, continue to indicate a dramatic slump.
In value terms, spades and shovels exports rose to $47K in 2022. In general, exports, however, continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year.
| Export of Spades and Shovels in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 35.6 | 12.9 | 10.3 | 19.8 | -17.8% |
| Peru | 198 | 22.2 | 27.4 | 15.1 | -57.6% |
| United States | N/A | N/A | 2.8 | 5.8 | 107.1% |
| Uruguay | 0.6 | 3.3 | 4.9 | 4.0 | 88.2% |
| Colombia | N/A | 0.7 | N/A | 1.5 | 46.4% |
| Paraguay | 4.1 | 1.1 | 0.8 | 0.8 | -42.0% |
| Others | 5.2 | 0.5 | N/A | 0.3 | -61.4% |
| Total | 244 | 40.6 | 46.2 | 47.3 | -42.1% |
Top Export Markets for Spades and Shovels from Chile in 2022:
- Bolivia (3.6 tons)
- Peru (1.9 tons)
- United States (1.8 tons)
- Uruguay (1.0 tons)
- Colombia (0.4 tons)
- Paraguay (0.2 tons)
This report provides an in-depth analysis of the spades and shovels 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 25731010 - Spades and shovels
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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