Life-Jackets and Life-Belts Price in Chile - 2023

Contents:

  1. Life-Jackets and Life-Belts Price in Chile (CIF) - 2022
  2. Life-Jackets and Life-Belts Price in Chile (FOB) - 2022
  3. Life-Jackets and Life-Belts Imports in Chile
  4. Life-Jackets and Life-Belts Exports in Chile

Life-Jackets and Life-Belts Price in Chile (CIF) - 2022

In 2022, the average life-jackets and life-belts import price amounted to $12,782 per ton, reducing by -5% against the previous year. In general, the import price continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2020 an increase of 52% against the previous year. Over the period under review, average import prices reached the peak figure at $25,413 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($44,684 per ton), while the price for China ($8,796 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.6%), while the prices for the other major suppliers experienced a decline.

Life-Jackets and Life-Belts Price in Chile (FOB) - 2022

In 2022, the average life-jackets and life-belts export price amounted to $18,792 per ton, dropping by -12.8% against the previous year. Over the period under review, the export price recorded a slight reduction. The pace of growth was the most pronounced in 2018 when the average export price increased by 99%. The export price peaked at $37,637 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($73,155 per ton), while the average price for exports to Mexico ($2,366 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.

Life-Jackets and Life-Belts Imports in Chile

In 2022, life-jackets and life-belts imports into Chile skyrocketed to 262 tons, picking up by 72% compared with the previous year. Over the period under review, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 87%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, life-jackets and life-belts imports soared to $3.3M in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Life-Jackets and Life-Belts in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4234571,1001,8869.8%
Greece41.474.514130293.9%
United States14927519523015.6%
Brazil1.21.48.2144393.2%
Others27951760278441.1%
Total1,8941,3252,0463,34620.9%

Top Suppliers of Life-Jackets and Life-Belts to Chile in 2022:

  1. China (214.4 tons)
  2. Greece (7.2 tons)
  3. Brazil (5.8 tons)
  4. United States (5.1 tons)

Life-Jackets and Life-Belts Exports in Chile

In 2022, the amount of life-jackets and life-beltses exported from Chile declined notably to 4.5 tons, dropping by -29.5% against the previous year's figure. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 160%. As a result, the exports attained the peak of 6.3 tons, and then shrank sharply in the following year.

In value terms, life-jackets and life-belts exports fell markedly to $84K in 2022. Over the period under review, exports faced a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 84%.

Export of Life-Jackets and Life-Belts in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UruguayN/A11.115.926.454.2%
Ecuador19.910.422.220.91.6%
Bolivia10645.510.216.5-46.2%
Colombia1.8N/A74.312.892.3%
Paraguay5.43.75.33.6-12.6%
Peru24.71.95.32.8-51.6%
MexicoN/AN/AN/A0.60%
Others46.01.42.8N/A-75.3%
Total20474.013683.8-25.7%

Top Export Markets for Life-Jackets and Life-Belts from Chile in 2022:

  1. Uruguay (1649.0 kg)
  2. Colombia (978.0 kg)
  3. Ecuador (877.0 kg)
  4. Peru (277.0 kg)
  5. Mexico (257.0 kg)
  6. Bolivia (226.0 kg)
  7. Paraguay (193.0 kg)

Source: IndexBox Market Intelligence Platform

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