Chile: Market for Hand-Operated Drilling, Threading or Tapping Tools 2024

Market Size for Hand-Operated Drilling, Threading or Tapping Tools in Chile

In 2022, the Chilean market for hand-operated drilling, threading or tapping tools decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, enjoyed a buoyant increase. As a result, consumption attained the peak level of $X, and then shrank remarkably in the following year.

Exports of Hand-Operated Drilling, Threading or Tapping Tools

Exports from Chile

Exports of hand-operated drilling, threading or tapping tools from Chile surged to X tons in 2022, increasing by X% compared with 2021 figures. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports of hit record highs at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of hand-operated drilling, threading or tapping tools totaled $X in 2022. In general, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Bolivia (X tons) was the main destination for exports of hand-operated drilling, threading or tapping tools from Chile, accounting for a X% share of total exports. Moreover, exports of hand-operated drilling, threading or tapping tools to Bolivia exceeded the volume sent to the second major destination, Peru (X tons), threefold. Paraguay (X kg) ranked third in terms of total exports with a X% share.

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

In value terms, Bolivia ($X) remains the key foreign market for hand-operated drilling, threading or tapping tools exports from Chile, comprising X% of total exports. The second position in the ranking was taken by Peru ($X), with a X% share of total exports. It was followed by Paraguay, with a X% share.

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

Export Prices by Country

In 2022, the average export price for hand-operated drilling, threading or tapping tools amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2016 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Italy ($X 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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Hand-Operated Drilling, Threading or Tapping Tools

Imports into Chile

In 2022, after two years of growth, there was significant decline in overseas purchases of hand-operated drilling, threading or tapping tools, when their volume decreased by X% to X tons. Overall, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, imports of hand-operated drilling, threading or tapping tools contracted dramatically to $X in 2022. In general, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then declined remarkably in the following year.

Imports by Country

In 2022, China (X tons) was the main supplier of hand-operated drilling, threading or tapping tool to Chile, accounting for a X% share of total imports. Moreover, imports of hand-operated drilling, threading or tapping tools from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of hand-operated drilling, threading or tapping tools to Chile, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with an X% share of total imports.

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

Import Prices by Country

In 2022, the average import price for hand-operated drilling, threading or tapping tools amounted to $X per ton, reducing by X% against the previous year. In general, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 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 the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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