Chile: Civil Reaction Engine Market 2025

Civil Reaction Engine Market Size in Chile

The Chilean civil reaction engine market rose modestly to $X in 2021, picking up by 4.8% against the previous year. In general, consumption, however, recorded a perceptible curtailment. Civil reaction engine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Civil Reaction Engine Production in Chile

In value terms, civil reaction engine production expanded significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 with an increase of 25%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Civil Reaction Engine Exports

Exports from Chile

In 2021, approx. X units of civil reaction engines were exported from Chile; declining by -77.8% on the previous year. In general, exports, however, recorded a tangible increase. The growth pace was the most rapid in 2015 with an increase of 600% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, civil reaction engine exports contracted to $X in 2021. Over the period under review, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 1,370%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units) was the main destination for civil reaction engine exports from Chile, with a 63% share of total exports. Moreover, civil reaction engine exports to the Netherlands exceeded the volume sent to the second major destination, Canada (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands stood at +10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+8.0% per year) and Paraguay (0.0% per year).

In value terms, Canada ($X) remains the key foreign market for civil reaction engines exports from Chile, comprising 24% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 6.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada amounted to +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+0.8% per year) and Paraguay (0.0% per year).

Export Prices by Country

The average civil reaction engine export price stood at $X per unit in 2021, rising by 278% against the previous year. Over the period under review, the export price continues to indicate strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+287.8%), while the prices for the other major destinations experienced mixed trend patterns.

Civil Reaction Engine Imports

Imports into Chile

In 2021, overseas purchases of civil reaction engines decreased by -30.8% to X units, falling for the third consecutive year after two years of growth. Over the period under review, imports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2017 with an increase of 132% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, civil reaction engine imports declined markedly to $X in 2021. In general, imports saw a slight setback. The most prominent rate of growth was recorded in 2017 with an increase of 170%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Switzerland (X units), Germany (X units) and Italy (X units) were the main suppliers of civil reaction engine imports to Chile, together comprising 56% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +18.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest civil reaction engine suppliers to Chile were France ($X), Germany ($X) and Switzerland ($X), with a combined 45% share of total imports. The UK, the United States, Denmark, Sweden, Italy, the Netherlands, India, Belgium, Spain and Turkey lagged somewhat behind, together comprising a further 37%.

Turkey, with a CAGR of +76.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average civil reaction engine import price amounted to $X per unit, declining by -42.1% against the previous year. Over the period under review, the import price, however, posted notable growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 60% against the previous year. The import price peaked at $X per unit in 2020, and then declined significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+71.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :