Chile: Electric Heating Radiator Market 2025

Electric Heating Radiator Market Size in Chile

The Chilean electric heating radiator market soared to $X in 2021, surging by 83% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a abrupt slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Electric Heating Radiator Exports

Exports from Chile

In 2021, the amount of electric storage heating radiators exported from Chile surged to X units, growing by 705% on the previous year. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 2,800% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, electric heating radiator exports skyrocketed to $X in 2021. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 5,261%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Peru (X units) and Bolivia (X units) were the main destinations of electric heating radiator exports from Chile.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bolivia (with a CAGR of -14.6%).

In value terms, Bolivia ($X) and Peru ($X) appeared to be the largest markets for electric heating radiator exported from Chile worldwide.

Among the main countries of destination, Bolivia, with a CAGR of -14.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the average electric heating radiator export price amounted to $X per unit, with an increase of 4.8% against the previous year. In general, the export price posted slight growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 88% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Peru totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (-0.4%).

Electric Heating Radiator Imports

Imports into Chile

After two years of decline, purchases abroad of electric storage heating radiators increased by 144% to X units in 2021. Over the period under review, imports, however, continue to indicate a significant decrease. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, electric heating radiator imports skyrocketed to $X in 2021. In general, imports, however, recorded a abrupt curtailment. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Lithuania (X units), China (X units) and Germany (X units) were the main suppliers of electric heating radiator imports to Chile, with a combined 89% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +157.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Lithuania ($X) constituted the largest supplier of electric storage heating radiators to Chile, comprising 47% of total imports. The second position in the ranking was taken by Spain ($X), with a 17% share of total imports. It was followed by Germany, with a 16% share.

From 2012 to 2021, the average annual growth rate of value from Lithuania totaled +150.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-17.9% per year) and Germany (+18.9% per year).

Import Prices by Country

The average electric heating radiator import price stood at $X per unit in 2021, waning by -30.6% against the previous year. Over the period under review, the import price, however, enjoyed tangible growth. The growth pace was the most rapid in 2017 an increase of 67%. The import price peaked at $X per unit in 2020, and then dropped sharply in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :