Chile: Market for Air conditioning Machines without Refrigeration Unit 2025

Market Size for Air conditioning Machines without Refrigeration Unit in Chile

In 2022, the Chilean market for air conditioning machines without refrigeration unit was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption showed a perceptible increase. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Air conditioning Machines without Refrigeration Unit

Exports from Chile

For the fifth consecutive year, Chile recorded decline in overseas shipments of air conditioning machines without refrigeration unit, which decreased by 0% to X units in 2022. Over the period under review, exports faced a precipitous slump. The growth pace was the most rapid in 2015 when exports increased by 2,789%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of air conditioning machines without refrigeration unit declined to $X in 2022. In general, exports faced a dramatic slump. The growth pace was the most rapid in 2015 when exports increased by 2,637% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Mexico (X units) was the main destination for exports of air conditioning machines without refrigeration unit from Chile, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Mexico stood at +22.3%.

From 2012 to 2022, the average annual growth rate of value to Mexico stood at +39.4%.

Export Prices by Country

The average export price for air conditioning machines without refrigeration unit stood at $X per unit in 2022, waning by -3.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2020 an increase of 40%. The export price peaked at $X per unit in 2021, and then contracted in the following year.

As there is only one major export destination, the average price level is determined by prices for Mexico.

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +3.1% per year.

Imports of Air conditioning Machines without Refrigeration Unit

Imports into Chile

In 2022, supplies from abroad of air conditioning machines without refrigeration unit was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a modest expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 237% against the previous year. Over the period under review, imports of reached the peak figure at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of air conditioning machines without refrigeration unit skyrocketed to $X in 2022. Over the period under review, imports recorded a moderate increase. The pace of growth was the most pronounced in 2015 with an increase of 195%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X units), China (X units) and Germany (X units) were the main suppliers of imports of air conditioning machines without refrigeration unit to Chile, with a combined 89% share of total imports. The United States, Thailand and Malaysia lagged somewhat behind, together accounting for a further 7.9%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +91.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and Germany ($X) constituted the largest air conditioning machins without refrigeration unit suppliers to Chile, together comprising 89% of total imports. The United States, Thailand and Malaysia lagged somewhat behind, together comprising a further 7.9%.

In terms of the main suppliers, Thailand, with a CAGR of +109.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for air conditioning machines without refrigeration unit amounted to $X per unit, flattening at the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 14% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per unit) and Italy ($X per unit), while the price for Thailand ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform