Chile: Helicopter Market 2024

Helicopter Market Size in Chile

After two years of decline, the Chilean helicopter market increased by 21% to $X in 2022. Over the period under review, consumption showed a prominent increase. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Helicopter Exports

Exports from Chile

In 2022, overseas shipments of civil helicopters decreased by 0% to X units, falling for the fourth consecutive year after three years of growth. Overall, exports saw a deep contraction. The growth pace was the most rapid in 2014 with an increase of 100%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, helicopter exports surged to $X in 2022. In general, exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 265% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X units), Brazil (X units) and Ecuador (X units) were the main destinations of helicopter exports from Chile, with a combined 89% share of total exports. Moreover, helicopter exports in the United States exceeded the figures recorded by the second-largest exporter, Brazil, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ecuador (with a CAGR of 0.0%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) remains the key foreign market for civil helicopters exports from Chile, comprising 67% of total exports. The second position in the ranking was held by Ecuador ($X), with a 29% share of total exports. It was followed by Italy, with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +18.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (0.0% per year) and Italy (0.0% per year).

Export Prices by Country

The average helicopter export price stood at $X per unit in 2022, jumping by 168% against the previous year. In general, the export price showed a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 the United States ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+71.8%), while the prices for the other major destinations experienced more modest paces of growth.

Helicopter Imports

Imports into Chile

In 2022, purchases abroad of civil helicopters was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a tangible expansion. The growth pace was the most rapid in 2017 when imports increased by 179%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, helicopter imports rose markedly to $X in 2022. In general, imports, however, continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2017 with an increase of 520% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of helicopter to Chile, accounting for a 60% share of total imports. Moreover, helicopter imports from the United States exceeded the figures recorded by the second-largest supplier, France (X units), threefold. Canada (X units) ranked third in terms of total imports with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.8% per year) and Canada (+7.2% per year).

In value terms, the United States ($X), France ($X) and Canada ($X) were the largest helicopter suppliers to Chile, together accounting for 99% of total imports. Spain and the Netherlands lagged somewhat behind, together accounting for a further 0.7%.

Among the main suppliers, Spain, with a CAGR of +18.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average helicopter import price amounted to $X per unit, declining by -10.8% against the previous year. Over the period under review, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of 220% against the previous year. Over the period under review, average import prices hit record highs at $X per unit 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 France ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :