Chile: Market for Gas and Smoke Analysers 2024

Market Size for Gas and Smoke Analysers in Chile

The Chilean gas and smoke analyser market skyrocketed to $X in 2021, growing by 87% 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). In general, consumption saw buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Gas and Smoke Analysers

Exports from Chile

In 2021, the amount of gas and smoke analysers exported from Chile surged to X units, picking up by 140% against the previous year. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 472% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, gas and smoke analyser exports soared to $X in 2021. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 317% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Bolivia (X units) was the main destination for gas and smoke analyser exports from Chile, with a 91% share of total exports. Moreover, gas and smoke analyser exports to Bolivia exceeded the volume sent to the second major destination, Colombia (X units), more than tenfold. Peru (X units) ranked third in terms of total exports with a 1.8% share.

From 2012 to 2021, the average annual growth rate of volume to Bolivia totaled +140.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+19.3% per year) and Peru (+10.7% per year).

In value terms, Bolivia ($X) remains the key foreign market for gas and smoke analysers exports from Chile, comprising 82% of total exports. The second position in the ranking was held by Peru ($X), with a 3.6% share of total exports. It was followed by the United States, with a 1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bolivia stood at +100.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+27.9% per year) and the United States (-1.6% per year).

Export Prices by Country

In 2021, the average gas and smoke analyser export price amounted to $X per unit, which is down by -14.7% against the previous year. In general, the export price saw a perceptible contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 150%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Colombia ($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 the United States (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gas and Smoke Analysers

Imports into Chile

In 2021, imports of gas and smoke analysers into Chile surged to X units, jumping by 120% against 2020 figures. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, gas and smoke analyser imports soared to $X in 2021. Overall, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest gas and smoke analyser supplier to Chile, accounting for a 69% share of total imports. Moreover, gas and smoke analyser imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), sixfold. The third position in this ranking was held by Brazil (X units), with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +43.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.0% per year) and Brazil (+17.5% per year).

In value terms, the largest gas and smoke analyser suppliers to Chile were China ($X), the United States ($X) and Germany ($X), together comprising 64% of total imports. These countries were followed by Sweden, Japan and Brazil, which together accounted for a further 8.5%.

Sweden, with a CAGR of +70.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average gas and smoke analyser import price stood at $X per unit in 2021, falling by -36.7% against the previous year. Over the period under review, the import price recorded a deep slump. The growth pace was the most rapid in 2018 an increase of 88% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+3.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :