Chile: Braces And Garters Market 2024

Braces And Garters Market Size in Chile

The Chilean braces and garters market skyrocketed to $X in 2022, rising by X% against the previous year. Over the period under review, consumption saw a remarkable increase. Braces and garters consumption peaked in 2022 and is expected to retain growth in the near future.

Braces And Garters Production in Chile

In value terms, braces and garters production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Braces And Garters Exports

Exports from Chile

In 2022, after two years of decline, there was significant growth in overseas shipments of braces, suspenders and garters, when their volume increased by X% to X units. In general, exports, however, continue to indicate a abrupt descent. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, braces and garters exports skyrocketed to $X in 2022. Over the period under review, exports, however, faced a sharp downturn. The pace of growth was the most pronounced in 2019 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Paraguay (X units) was the main destination for braces and garters exports from Chile, with a X% share of total exports. Moreover, braces and garters exports to Paraguay exceeded the volume sent to the second major destination, Peru (X units), sixfold. The third position in this ranking was held by Uruguay (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Paraguay amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Uruguay (X% per year).

In value terms, Paraguay ($X) remains the key foreign market for braces, suspenders and garters exports from Chile, comprising X% of total exports. The second position in the ranking was held by Peru ($X), with a X% share of total exports. It was followed by Uruguay, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Paraguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Uruguay (X% per year).

Export Prices by Country

In 2022, the average braces and garters export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to Brazil ($X 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 Brazil (X%), while the prices for the other major destinations experienced more modest paces of growth.

Braces And Garters Imports

Imports into Chile

In 2022, overseas purchases of braces, suspenders and garters increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, imports recorded significant growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, braces and garters imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest braces and garters supplier to Chile, accounting for a X% share of total imports. Moreover, braces and garters imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), more than tenfold. The third position in this ranking was taken by Peru (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Peru (X% per year).

In value terms, China ($X) constituted the largest supplier of braces, suspenders and garters to Chile, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Colombia (X% per year).

Import Prices by Country

The average braces and garters import price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price recorded a deep downturn. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Colombia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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