Chile: Parachute Market 2024

Parachute Market Size in Chile

In 2022, the Chilean parachute market increased by X% to $X, rising for the second year in a row after four years of decline. Overall, consumption, however, continues to indicate a noticeable descent. Parachute consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Parachute Production in Chile

In value terms, parachute production reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Parachute production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Parachute Exports

Exports from Chile

In 2022, shipments abroad of parachutes and rotochutes increased by X% to X kg, rising for the second consecutive year after two years of decline. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X kg in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, parachute exports surged to $X in 2022. In general, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

The United States (X kg) was the main destination for parachute exports from Chile, with a X% share of total exports. Moreover, parachute exports to the United States exceeded the volume sent to the second major destination, Canada (X kg), sixfold. Switzerland (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Switzerland (X% per year).

In value terms, the United States ($X) remains the key foreign market for parachutes and rotochutes exports from Chile, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports. It was followed by Switzerland, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Switzerland (X% per year).

Export Prices by Country

In 2022, the average parachute export price amounted to $X per kg, which is down by X% against the previous year. In general, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per kg in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per kg), while the average price for exports to the United States ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Parachute Imports

Imports into Chile

In 2022, approx. X tons of parachutes and rotochutes were imported into Chile; growing by X% on the previous year's figure. Overall, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, parachute imports skyrocketed to $X in 2022. In general, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

The United States (X tons), China (X tons) and Germany (X kg) were the main suppliers of parachute imports to Chile, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of parachutes and rotochutes to Chile, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

Import Prices by Country

The average parachute import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price, however, posted pronounced growth. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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