Chile: Market for Table, Kitchen Or Household Articles And Parts Of Stainless Steel 2024

Market Size for Table, Kitchen Or Household Articles And Parts Of Stainless Steel in Chile

The Chilean stainless steel household articles market contracted markedly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2021, and then shrank remarkably in the following year.

Production of Table, Kitchen Or Household Articles And Parts Of Stainless Steel in Chile

In value terms, stainless steel household articles production declined to $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Stainless steel household articles production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Exports from Chile

In 2022, stainless steel household articles exports from Chile skyrocketed to X units, increasing by X% compared with 2021 figures. Overall, exports posted a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, stainless steel household articles exports shrank to $X in 2022. In general, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X units), Peru (X units) and Mexico (X units) were the main destinations of stainless steel household articles exports from Chile, together accounting for X% of total exports. Spain, Colombia and Paraguay lagged somewhat behind, together accounting for a further X%.

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

In value terms, Peru ($X), Bolivia ($X) and Paraguay ($X) appeared to be the largest markets for stainless steel household articles exported from Chile worldwide, together accounting for X% of total exports. Mexico, Spain and Colombia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Spain, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average stainless steel household articles export price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to Spain ($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 Peru (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Imports into Chile

In 2022, approx. X units of table, kitchen or household articles and parts of stainless steel were imported into Chile; dropping by X% on the year before. Over the period under review, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then dropped notably in the following year.

In value terms, stainless steel household articles imports reduced notably to $X in 2022. Overall, imports, however, showed temperate growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped sharply in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of stainless steel household articles to Chile, with a X% share of total imports. Moreover, stainless steel household articles imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold.

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

In value terms, China ($X) constituted the largest supplier of table, kitchen or household articles and parts of stainless steel to Chile, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

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

Import Prices by Country

The average stainless steel household articles import price stood at $X per unit in 2022, growing by X% against the previous year. Overall, the import price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, 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 India ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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