Chile: Market for Electric Generating Sets And Rotary Converters 2024

Market Size for Electric Generating Sets And Rotary Converters in Chile

In 2021, the Chilean market for electric generating sets and rotary converters was finally on the rise to reach $X after two years of decline. Over the period under review, consumption posted a perceptible increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Exports of Electric Generating Sets And Rotary Converters

Exports from Chile

In 2021, approx. X units of electric generating sets and rotary converters were exported from Chile; dropping by X% against the previous year's figure. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of electric generating sets and rotary converters surged to $X in 2021. Over the period under review, exports showed a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Paraguay (X units) was the main destination for exports of electric generating sets and rotary converters from Chile, with a X% share of total exports. Moreover, exports of electric generating sets and rotary converters to Paraguay exceeded the volume sent to the second major destination, Brazil (X units), eightfold. The third position in this ranking was taken by Bolivia (X units), with a X% share.

From 2012 to 2020, the average annual growth rate of volume to Paraguay totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Bolivia (X% per year).

In value terms, the largest markets for electric generating set and rotary converter exported from Chile were Argentina ($X), Paraguay ($X) and Bolivia ($X).

Paraguay, with a CAGR of X%, recorded 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 mixed trend patterns.

Export Prices by Country

The average export price for electric generating sets and rotary converters stood at $X per unit in 2020, which is down by X% against the previous year. Overall, the export price, however, saw a strong increase. The pace of growth was the most pronounced in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2020, 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 ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Generating Sets And Rotary Converters

Imports into Chile

In 2021, imports of electric generating sets and rotary converters into Chile skyrocketed to X units, increasing by X% on 2020. Over the period under review, imports continue to indicate moderate growth. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, imports of electric generating sets and rotary converters reduced remarkably to $X in 2021. In general, imports, however, continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X units) was the main supplier of electric generating set and rotary converter to Chile, accounting for a X% share of total imports. Moreover, imports of electric generating sets and rotary converters from China exceeded the figures recorded by the second-largest supplier, Spain (X units), ninefold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of electric generating sets and rotary converters to Chile, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2020, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Germany (X% per year).

Import Prices by Country

In 2020, the average import price for electric generating sets and rotary converters amounted to $X per unit, growing by X% against the previous year. In general, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2020, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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