Musical Boxes Price in Chile - 2023

Musical Boxes Price in Chile (CIF) - 2022

The average musical boxes import price stood at $4.5 per unit in 2022, which is down by -2.2% against the previous year. Overall, the import price, however, recorded a prominent expansion. The growth pace was the most rapid in 2021 when the average import price increased by 46% against the previous year. As a result, import price reached the peak level of $4.6 per unit, and then declined modestly in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +8.6% per year.

Musical Boxes Price in Chile (FOB) - 2022

The average musical boxes export price stood at $13 per unit in 2022, shrinking by -60.5% against the previous year. In general, the export price, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2019 an increase of 96% against the previous year. Over the period under review, the average export prices reached the peak figure at $39 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($49 per unit), while the average price for exports to Peru amounted to $7.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+20.1%), while the prices for the other major destinations experienced a decline.

Musical Boxes Imports in Chile

Musical boxes imports into Chile soared to 146K units in 2022, with an increase of 82% compared with 2021. Overall, imports saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 104%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, musical boxes imports skyrocketed to $664K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 197%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Musical Boxes in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	227	111	324	625	40.2%
Others	15.5	14.1	49.6	39.3	36.4%
Total	243	126	373	664	39.8%

Top Suppliers of Musical Boxes to Chile in 2022:

China (145.7K units)

Musical Boxes Exports in Chile

In 2022, exports of musical boxeses from Chile skyrocketed to 3.2K units, rising by 1,318% compared with the previous year's figure. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, musical boxes exports surged to $41K in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 2,294% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Musical Boxes in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Peru	0.6	N/A	N/A	20.7	225.5%
Bolivia	3.2	0.3	6.8	20.1	84.5%
Paraguay	0.6	N/A	N/A	N/A	0%
Others	0.8	N/A	0.5	N/A	-20.9%
Total	5.2	0.3	7.3	40.7	98.5%