Chile: Electric Lamp Market 2024

Electric Lamp Market Size in Chile

The Chilean electric lamp market stood at $X in 2022, stabilizing at the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Electric Lamp Production in Chile

In value terms, electric lamp production totaled $X in 2022 estimated in export price. In general, the total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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Electric Lamp Exports

Exports from Chile

In 2022, approx. X units of electric lamps were exported from Chile; surging by X% against the previous year. Overall, exports posted prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, electric lamp exports expanded markedly to $X in 2022. In general, exports, however, continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

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

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

In value terms, Bolivia ($X) remains the key foreign market for electric lamps exports from Chile, comprising X% of total exports. The second position in the ranking was held by Paraguay ($X), with a X% share of total exports. It was followed by Brunei Darussalam, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Bolivia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and Brunei Darussalam (X% per year).

Export Prices by Country

In 2022, the average electric lamp export price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to Uruguay ($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 Argentina (X%), while the prices for the other major destinations experienced mixed trend patterns.

Electric Lamp Imports

Imports into Chile

In 2022, the amount of electric lamps imported into Chile skyrocketed to X units, with an increase of X% compared with the year before. Overall, imports saw a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, electric lamp imports declined dramatically to $X in 2022. Over the period under review, imports, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Ukraine (X units) constituted the largest electric lamp supplier to Chile, with a X% share of total imports. Moreover, electric lamp imports from Ukraine exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. Germany (X units) ranked third in terms of total imports with a X% share.

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

In value terms, the largest electric lamp suppliers to Chile were Ukraine ($X), China ($X) and Germany ($X), with a combined X% share of total imports.

Among the main suppliers, Ukraine, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average electric lamp import price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price faced a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 the Philippines ($X per unit), while the price for Ukraine ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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