Bolivia: Hvac Equipment Market 2024

Hvac Equipment Market Size in Bolivia

The Bolivian HVAC equipment market soared to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption posted buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Hvac Equipment Production in Bolivia

In value terms, HVAC equipment production expanded slightly to $X in 2022 estimated in export price. Overall, production saw significant growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Hvac Equipment Exports

Exports from Bolivia

In 2022, approx. X units of HVAC equipment were exported from Bolivia; falling by X% against the previous year's figure. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2019 when exports increased by X%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, HVAC equipment exports amounted to $X in 2022. Overall, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units), Germany (X units) and Cuba (X units) were the main destinations of HVAC equipment exports from Bolivia, with a combined X% share of total exports.

From 2015 to 2022, the biggest increases were recorded for Cuba (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for HVAC equipment exports from Bolivia, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Peru, with a X% share.

From 2015 to 2022, the average annual growth rate of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Peru (X% per year).

Export Prices by Country

The average HVAC equipment export price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 Peru ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hvac Equipment Imports

Imports into Bolivia

In 2022, approx. X units of HVAC equipment were imported into Bolivia; increasing by X% against 2021. Over the period under review, imports enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, HVAC equipment imports fell modestly to $X in 2022. In general, imports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

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

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

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

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

Import Prices by Country

The average HVAC equipment import price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform