Report Update: Apr 1, 2024

Chile - Instruments And Apparatus For Measuring Or Checking Pressure Of Liquids Or Gasses - Market Analysis, Forecast, Size, Trends and Insights

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Test and Measurement Price in Chile - 2023

Test and Measurement Price in Chile (CIF) - 2022

The average test and measurement import price stood at $32 per unit in 2022, growing by 33% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, test and measurement import price increased by +215.6% against 2018 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 107% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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 Germany ($84 per unit), while the price for Taiwan (Chinese) ($4.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Test and Measurement Price in Chile (FOB) - 2022

The average test and measurement export price stood at $56 per unit in 2022, increasing by 6.2% against the previous year. Overall, the export price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 73% against the previous year. Over the period under review, the average export prices attained the peak figure at $142 per unit in 2018; however, from 2019 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 the United States ($161 per unit), while the average price for exports to Uruguay ($13 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 Peru (+1.9%), while the prices for the other major destinations experienced a decline.

Test and Measurement Imports in Chile

In 2022, approx. 626K units of instruments and apparatus for measuring or checking pressure of liquids or gasses were imported into Chile; which is down by -24% on the year before. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 824K units, and then shrank remarkably in the following year.

In value terms, test and measurement imports reached $20M in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Test and Measurement in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	4.8	5.5	5.7	5.6	5.3%
China	2.2	2.2	2.8	3.1	12.1%
Germany	2.2	2.6	2.8	2.6	5.7%
Brazil	1.2	1.0	1.5	1.5	7.7%
Italy	0.9	1.0	1.1	1.0	3.6%
Mexico	0.4	0.3	0.4	0.6	14.5%
Japan	0.1	0.2	0.1	0.3	44.2%
Taiwan (Chinese)	0.2	0.2	0.3	0.2	0.0%
Spain	0.5	0.3	0.5	0.2	-26.3%
South Korea	0.2	0.1	N/A	0.1	-20.6%
Others	4.5	3.6	4.7	4.9	2.9%
Total	17.3	17.1	20.0	20.2	5.3%

Top Suppliers of Test and Measurement to Chile in 2022:

China (266.2K units)
United States (67.8K units)
Italy (66.4K units)
Taiwan (Chinese) (51.9K units)
Germany (31.5K units)
Brazil (18.6K units)
Japan (10.3K units)
South Korea (9.5K units)
Mexico (9.3K units)
Spain (8.7K units)

Test and Measurement Exports in Chile

In 2022, overseas shipments of instruments and apparatus for measuring or checking pressure of liquids or gasses increased by 86% to 9.7K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a deep downturn. The exports peaked at 12K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, test and measurement exports soared to $543K in 2022. Over the period under review, exports, however, faced a precipitous shrinkage. Over the period under review, the exports attained the peak figure at $1.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Test and Measurement in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Peru	227	64.0	108	143	-14.3%
Argentina	171	244	40.5	140	-6.4%
Ecuador	254	212	6.7	77.7	-32.6%
United States	190	64.4	29.1	42.6	-39.2%
Denmark	1.9	0.3	6.3	28.6	146.9%
Bolivia	179	29.5	21.8	17.4	-54.0%
Brazil	46.8	22.1	3.1	13.0	-34.8%
Uruguay	2.1	0.7	3.1	2.4	4.6%
Others	150	182	55.8	78.6	-19.4%
Total	1,222	819	274	543	-23.7%

Top Export Markets for Test and Measurement from Chile in 2022:

Ecuador (3.5K units)
Peru (2.6K units)
Argentina (1.7K units)
Bolivia (0.5K units)
United States (0.3K units)
Uruguay (0.2K units)
Denmark (0.2K units)
Brazil (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the test and measurement 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 26515271 - Electronic pressure gauges, sensors, indicators and transmitters
Prodcom 26515274 - Non-electronic spiral or metal diaphragm type pressure gauges
Prodcom 26515279 - Other instruments for measuring or checking pressure: others

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