Chile: Lawn Mower Market 2024

Lawn Mower Market Size in Chile

The Chilean lawn mower market shrank dramatically to $X in 2022, with a decrease of X% 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). Overall, consumption, however, continues to indicate a notable increase. As a result, consumption reached the peak level of $X, and then declined sharply in the following year.

Lawn Mower Exports

Exports from Chile

Lawn mower exports from Chile surged to X units in 2022, picking up by X% compared with 2021. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, lawn mower exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

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

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

In value terms, Bolivia ($X) remains the key foreign market for mowers for lawns, parks, golf courses or sports grounds exports from Chile, comprising X% of total exports. The second position in the ranking was taken by Peru ($X), with a X% share of total exports. It was followed by Uruguay, with a X% share.

From 2012 to 2022, the average annual growth rate 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 Uruguay (X% per year).

Export Prices by Country

The average lawn mower export price stood at $X per unit in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in years to come.

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 Bolivia ($X per unit), while the average price for exports to Germany ($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 Uruguay (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn Mower Imports

Imports into Chile

In 2022, the amount of mowers for lawns, parks, golf courses or sports grounds imported into Chile fell remarkably to X units, reducing by X% against the previous year. Over the period under review, total imports indicated a temperate expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then contracted notably in the following year.

In value terms, lawn mower imports fell markedly to $X in 2022. In general, imports, however, continue to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then fell significantly in the following year.

Imports by Country

China (X units), the United States (X units) and Mexico (X units) were the main suppliers of lawn mower imports to Chile, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), the United States ($X) and Mexico ($X) appeared to be the largest lawn mower suppliers to Chile, together accounting for X% of total imports.

In terms of the main suppliers, Mexico, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average lawn mower import price amounted to $X per unit, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The import price peaked at $X per unit in 2021, and then contracted dramatically in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Mexico ($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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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