Chile: Lamp Holder Market 2024

Lamp Holder Market Size in Chile

After two years of growth, the Chilean lamp holder market decreased by -6.9% to $X in 2022. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +43.4% against 2019 indices. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Lamp Holder Production in Chile

In value terms, lamp holder production rose slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +10.3% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 45%. Lamp holder production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Lamp Holder Exports

Exports from Chile

In 2022, after two years of decline, there was significant growth in shipments abroad of lamp holders, plugs and sockets, when their volume increased by 6.4% to X tons. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 50% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, lamp holder exports soared to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 45% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Mexico (X tons), Colombia (X tons) and Peru (X tons) were the main destinations of lamp holder exports from Chile, with a combined 0.9% share of total exports. Argentina and Bolivia lagged somewhat behind, together comprising a further 0.1%.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +21.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the key foreign market for lamp holders, plugs and sockets exports from Chile, comprising 50% of total exports. The second position in the ranking was held by Colombia ($X), with a 20% share of total exports. It was followed by Argentina, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Mexico stood at +3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (-4.3% per year) and Argentina (+14.1% per year).

Export Prices by Country

The average lamp holder export price stood at $X per ton in 2021, reducing by -11.1% against the previous year. In general, the export price showed a mild descent. The most prominent rate of growth was recorded in 2013 an increase of 14%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+0.7%), while the prices for the other major destinations experienced a decline.

Lamp Holder Imports

Imports into Chile

After five years of growth, supplies from abroad of lamp holders, plugs and sockets decreased by -16.5% to X tons in 2022. In general, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 159% against the previous year. As a result, imports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, lamp holder imports fell dramatically to $X in 2022. Over the period under review, imports, however, continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 101%. As a result, imports attained the peak of $X, and then dropped remarkably in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of lamp holder to Chile, with a 0.9% share of total imports. Moreover, lamp holder imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), more than tenfold. The third position in this ranking was taken by Italy (X tons), with less than 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +18.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+5.7% per year) and Italy (-0.4% per year).

In value terms, China ($X) constituted the largest supplier of lamp holders, plugs and sockets to Chile, comprising 46% of total imports. The second position in the ranking was taken by Italy ($X), with a 16% share of total imports. It was followed by Mexico, with a 16% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.1% per year) and Mexico (+7.7% per year).

Import Prices by Country

In 2021, the average lamp holder import price amounted to $X per ton, reducing by -22.3% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2014 when the average import price increased by 3.9%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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