Chile: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2022

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Chile

The Chilean digital data processing machine market surged to $X in 2021, with an increase of 204% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed tangible growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from Chile

In 2021, the amount of digital data processing machines: presented in the form of systems exported from Chile rose markedly to X units, with an increase of 6.4% against the previous year. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 219% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, digital data processing machine exports stood at $X in 2021. Overall, exports enjoyed a temperate increase. The pace of growth appeared the most rapid in 2013 when exports increased by 306%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Bolivia (X units), the United States (X units) and Peru (X units) were the main destinations of digital data processing machine exports from Chile, together comprising 88% of total exports. Colombia lagged somewhat behind, comprising a further 9.6%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of +55.4%), while the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X) remains the key foreign market for digital data processing machine exports from Chile, comprising 48% of total exports. The second position in the ranking was held by Colombia ($X), with a 23% share of total exports. It was followed by the United States, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bolivia totaled +8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+72.7% per year) and the United States (+21.8% per year).

Export Prices by Country

In 2021, the average digital data processing machine export price amounted to $X per unit, with an increase of 2.6% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, digital data processing machine export price increased by +28.6% against 2019 indices. The growth pace was the most rapid in 2013 when the average export price increased by 27%. The export price peaked at $X per unit in 2018; afterwards, it flattened through to 2021.

Prices varied noticeably country of destination: the country with the highest price was Colombia ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into Chile

In 2021, the amount of digital data processing machines: presented in the form of systems imported into Chile soared to X units, picking up by 316% compared with the previous year's figure. Over the period under review, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, digital data processing machine imports surged to $X in 2021. In general, total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of digital data processing machine to Chile, with a 89% share of total imports. Moreover, digital data processing machine imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +18.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-16.3% per year) and the United States (-21.5% per year).

In value terms, China ($X) constituted the largest supplier of digital data processing machine to Chile, comprising 78% of total imports. The second position in the ranking was held by the United States ($X), with a 6.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +21.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-17.6% per year) and Mexico (-12.3% per year).

Import Prices by Country

The average digital data processing machine import price stood at $X per unit in 2021, falling by -39.6% against the previous year. In general, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 25%. As a result, import price reached the peak level of $X per unit, and then fell significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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