Pumps; Parts Thereof Price in Bolivia - 2023

Contents:

1. Pumps; Parts Thereof Price in Bolivia (CIF) - 2022
2. Pumps; Parts Thereof Price in Bolivia (FOB) - 2022
3. Pumps; Parts Thereof Imports in Bolivia
4. Pumps; Parts Thereof Exports in Bolivia

Pumps; Parts Thereof Price in Bolivia (CIF) - 2022

In 2022, the average pumps; parts thereof import price amounted to $24,918 per ton, surging by 15% against the previous year. Overall, the import price, however, recorded a slight slump. Over the period under review, average import prices attained the peak figure at $28,160 per ton in 2012; however, from 2013 to 2022, 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 Japan ($28,289 per ton), while the price for China ($12,397 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Pumps; Parts Thereof Price in Bolivia (FOB) - 2022

In 2022, the average pumps; parts thereof export price amounted to $17,331 per ton, which is down by -76.1% against the previous year. Overall, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2019 when the average export price increased by 386% against the previous year. The export price peaked at $153,831 per ton in 2020; however, from 2021 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 the United States ($122,063 per ton), while the average price for exports to Ecuador ($9,393 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+54.5%), while the prices for the other major destinations experienced more modest paces of growth.

Pumps; Parts Thereof Imports in Bolivia

Pumps; parts thereof imports into Bolivia totaled 433 tons in 2022, approximately equating 2021. In general, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 2%.

In value terms, pumps; parts thereof imports skyrocketed to $11M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Pumps; Parts Thereof to Bolivia in 2022:

1. China (106.5 tons)
2. Chile (79.5 tons)
3. Brazil (61.1 tons)
4. United States (40.8 tons)
5. Italy (34.2 tons)
6. Japan (20.7 tons)
7. United Kingdom (17.9 tons)
8. Germany (15.0 tons)
9. Turkey (12.2 tons)
10. India (11.9 tons)
11. Taiwan (Chinese) (1.2 tons)

Pumps; Parts Thereof Exports in Bolivia

In 2022, approx. 13 tons of pumps; parts thereoves were exported from Bolivia; picking up by 113% against 2021. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,262%. 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 fell notably to $217K in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,016% against the previous year. As a result, the exports reached the peak of $427K, and then shrank markedly in the following year.

Top Export Markets for Pumps; Parts Thereof from Bolivia in 2022:

1. Chile (10.2 tons)
2. Ecuador (1.8 tons)
3. Argentina (0.3 tons)

Source: IndexBox Market Intelligence Platform