
Chile - Grinding, Sanding or Polishing Machines - Market Analysis, Forecast, Size, Trends and Insights
Chile: Market for Grinding, Sanding and Polishing Machines 2022
Market Size for Grinding, Sanding and Polishing Machines in Chile
The Chilean market for grinding, sanding and polishing machines skyrocketed to $X in 2021, with an increase of 1,727% 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 saw significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Exports of Grinding, Sanding and Polishing Machines
Exports from Chile
In 2021, shipments abroad of grinding, sanding and polishing machines increased by 71% to X units, rising for the second consecutive year after two years of decline. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 5,985% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.
In value terms, grinding, sanding and polishing machine exports skyrocketed to $X in 2021. Overall, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 4,945%. The exports peaked in 2021 and are expected to retain growth in the near future.
Exports by Country
Bolivia (X units) was the main destination for grinding, sanding and polishing machine exports from Chile, with a 81% share of total exports. Moreover, grinding, sanding and polishing machine exports to Bolivia exceeded the volume sent to the second major destination, Argentina (X units), eightfold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Bolivia totaled +51.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+136.1% per year) and Peru (+46.4% per year).
In value terms, Bolivia ($X) remains the key foreign market for grinding, sanding and polishing machine exports from Chile, comprising 61% of total exports. The second position in the ranking was taken by Peru ($X), with a 25% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to Bolivia stood at +53.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+46.9% per year) and Argentina (+114.0% per year).
Export Prices by Country
The average export price for grinding, sanding and polishing machines stood at $X per unit in 2021, declining by -19.7% against the previous year. In general, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by 215% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Peru ($X per unit), while the average price for exports to Argentina ($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 Bolivia (+0.9%), while the prices for the other major destinations experienced a decline.
Imports of Grinding, Sanding and Polishing Machines
Imports into Chile
In 2021, supplies from abroad of grinding, sanding and polishing machines increased by 1,445% to X units, rising for the second year in a row after two years of decline. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, grinding, sanding and polishing machine imports skyrocketed to $X in 2021. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, China (X units) was the main grinding, sanding and polishing machine supplier to Chile, accounting for a approx. 100% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +81.1%.
In value terms, China ($X) constituted the largest supplier of grinding, sanding and polishing machine to Chile.
From 2012 to 2021, the average annual growth rate of value from China amounted to +60.6%.
Import Prices by Country
The average import price for grinding, sanding and polishing machines stood at $X per unit in 2021, falling by -50.1% against the previous year. Over the period under review, the import price recorded a sharp contraction. The most prominent rate of growth was recorded in 2015 an increase of 60%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for China amounted to -11.3% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for grinding, sanding and polishing machine in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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