Pumps; Parts Thereof Price in Chile - 2023
Contents:
- Pumps; Parts Thereof Price in Chile (CIF) - 2023
- Pumps; Parts Thereof Price in Chile (FOB) - 2022
- Pumps; Parts Thereof Imports in Chile
- Pumps; Parts Thereof Exports in Chile
Pumps; Parts Thereof Price in Chile (CIF) - 2023
The average pumps; parts thereof import price stood at $27,329 per ton in July 2023, growing by 1.7% against the previous month. In general, import price indicated measured growth from July 2022 to July 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, pumps; parts thereof import price increased by +42.5% against April 2023 indices. The growth pace was the most rapid in October 2022 an increase of 29% against the previous month. Over the period under review, average import prices reached the peak figure at $32,852 per ton in January 2023; however, from February 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($59,123 per ton), while the price for China ($11,807 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Brazil (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Price in Chile (FOB) - 2022
The average pumps; parts thereof export price stood at $10,631 per ton in 2022, picking up by 17% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced contraction. The export price peaked at $16,640 per ton in 2013; however, from 2014 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 Argentina ($24,879 per ton), while the average price for exports to China ($6,907 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 the United States (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.
Pumps; Parts Thereof Imports in Chile
In 2022, supplies from abroad of pumps; parts thereoves was finally on the rise to reach 5.2K tons after two years of decline. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, pumps; parts thereof imports skyrocketed to $122M in 2022. The total import value increased at an average annual rate of +9.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pumps; Parts Thereof in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 39.6 | 37.7 | 32.7 | 40.3 | 0.6% |
| China | 7.7 | 9.6 | 13.2 | 18.6 | 34.2% |
| Germany | 6.9 | 5.7 | 6.3 | 6.9 | 0.0% |
| Italy | 3.2 | 4.4 | 3.9 | 6.6 | 27.3% |
| Brazil | 4.9 | 5.0 | 5.1 | 5.4 | 3.3% |
| Canada | 1.4 | 1.8 | 2.3 | 4.9 | 51.8% |
| South Africa | 0.4 | 0.9 | 1.3 | 4.3 | 120.7% |
| India | 1.2 | 1.2 | 2.5 | 4.1 | 50.6% |
| Others | 28.0 | 23.4 | 26.2 | 31.0 | 3.5% |
| Total | 93.4 | 89.8 | 93.6 | 122 | 9.3% |
Top Suppliers of Pumps; Parts Thereof to Chile in 2022:
- United States (1785.3 tons)
- China (1561.5 tons)
- South Africa (446.3 tons)
- Brazil (249.1 tons)
- India (139.9 tons)
- Italy (116.9 tons)
- Canada (92.9 tons)
- Germany (86.2 tons)
Pumps; Parts Thereof Exports in Chile
In 2022, approx. 3.1K tons of pumps; parts thereoves were exported from Chile; leveling off at 2021 figures. The total export volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 19%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, pumps; parts thereof exports skyrocketed to $33M in 2022. The total export value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pumps; Parts Thereof in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 11.8 | 11.3 | 10.2 | 13.0 | 3.3% |
| United States | 2.0 | 1.9 | 4.0 | 4.4 | 30.1% |
| Bolivia | 2.9 | 2.0 | 1.2 | 2.7 | -2.4% |
| Mexico | 3.0 | 1.8 | 3.5 | 2.3 | -8.5% |
| Kazakhstan | 0.4 | 0.9 | 1.8 | 2.0 | 71.0% |
| Canada | 1.0 | 1.6 | 1.0 | 1.6 | 17.0% |
| China | 0.4 | 0.6 | 2.0 | 1.6 | 58.7% |
| Argentina | 1.1 | 0.8 | 1.5 | 1.2 | 2.9% |
| Others | 3.6 | 3.4 | 2.8 | 4.3 | 6.1% |
| Total | 26.2 | 24.3 | 28.1 | 33.2 | 8.2% |
Top Export Markets for Pumps; Parts Thereof from Chile in 2022:
- Peru (1324.9 tons)
- United States (409.7 tons)
- China (232.7 tons)
- Kazakhstan (228.0 tons)
- Mexico (186.9 tons)
- Bolivia (176.3 tons)
- Canada (174.3 tons)
- Argentina (50.0 tons)
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