Bolivia: Relay Market 2024

Relay Market Size in Bolivia

In 2022, the Bolivian relay market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2018 indices. Over the period under review, the market attained the peak level at $X in 2021, and then contracted in the following year.

Relay Exports

Exports from Bolivia

In 2022, shipments abroad of relays decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt decline. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, relay exports dropped rapidly to $X in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for relay exports from Bolivia, accounting for a X% share of total exports. Moreover, relay exports to the United States exceeded the volume sent to the second major destination, Argentina (X units), fourfold. Germany (X units) 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: Argentina (X% per year) and Germany (X% per year).

In value terms, the largest markets for relay exported from Bolivia were Germany ($X), Argentina ($X) and Chile ($X), with a combined X% share of total exports. The United States lagged somewhat behind, accounting for a further X%.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average relay export price amounted to $X per unit, falling by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

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

Relay Imports

Imports into Bolivia

In 2022, after four years of growth, there was significant decline in supplies from abroad of relays, when their volume decreased by X% to X units. In general, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked at X units in 2021, and then reduced in the following year.

In value terms, relay imports reduced to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X units) constituted the largest supplier of relay to Bolivia, accounting for a X% share of total imports. Moreover, relay imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. Japan (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of relays to Bolivia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

Import Prices by Country

The average relay import price stood at $X per unit in 2022, standing approx. at the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

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 Germany ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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