Chile: Flexographic Printing Machinery Market 2024

Flexographic Printing Machinery Market Size in Chile

The Chilean flexographic printing machinery market skyrocketed to $X in 2022, jumping by 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). In general, consumption showed a pronounced expansion. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Flexographic Printing Machinery Exports

Exports from Chile

In 2022, overseas shipments of flexographic printing machinery were finally on the rise to reach X units after three years of decline. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, flexographic printing machinery exports skyrocketed to $X in 2022. In general, exports, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina (X units) was the main destination for flexographic printing machinery exports from Chile, accounting for a X% share of total exports. Moreover, flexographic printing machinery exports to Argentina exceeded the volume sent to the second major destination, Venezuela (X units), twofold. Mexico (X units) ranked third in terms of total exports with a X% share.

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

In value terms, the largest markets for flexographic printing machinery exported from Chile were Argentina ($X), Colombia ($X) and Venezuela ($X), with a combined X% share of total exports.

Colombia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average flexographic printing machinery export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 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 Colombia ($X per unit), while the average price for exports to Peru ($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 Colombia (X%), while the prices for the other major destinations experienced a decline.

Flexographic Printing Machinery Imports

Imports into Chile

In 2022, purchases abroad of flexographic printing machinery increased by X% to X units, rising for the second consecutive year after three years of decline. In general, imports continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, flexographic printing machinery imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a pronounced expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and the UK (X units) were the main suppliers of flexographic printing machinery imports to Chile, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest flexographic printing machinery suppliers to Chile were Germany ($X), Spain ($X) and China ($X), together comprising X% of total imports. Denmark, India, the UK, Italy, Brazil and the United States lagged somewhat behind, together accounting for a further X%.

Denmark, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average flexographic printing machinery import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price 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, flexographic printing machinery import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average 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 Spain ($X per unit), while the price for the United States ($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 UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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