Chile: Heat Exchange Unit Market 2024

Heat Exchange Unit Exports

Exports from Chile

In 2022, the amount of heat exchange units exported from Chile contracted rapidly to X units, shrinking by -38.8% against the previous year. In general, exports recorded a deep setback. The growth pace was the most rapid in 2013 when exports increased by 289% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, heat exchange unit exports contracted notably to $X in 2022. Overall, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 when exports increased by 289%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Peru (X units) was the main destination for heat exchange unit exports from Chile, with a 49% share of total exports. Moreover, heat exchange unit exports to Peru exceeded the volume sent to the second major destination, Argentina (X units), twofold. Bolivia (X units) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume to Peru stood at +9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-4.8% per year) and Bolivia (-14.5% per year).

In value terms, Peru ($X) emerged as the key foreign market for heat exchange units exports from Chile, comprising 49% of total exports. The second position in the ranking was held by Argentina ($X), with a 24% share of total exports. It was followed by Bolivia, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value to Peru stood at +10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-4.4% per year) and Bolivia (-13.9% per year).

Export Prices by Country

In 2022, the average heat exchange unit export price amounted to $X per unit, dropping by -2.4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 9.3%. As a result, the export price reached the peak level of $X per unit, and then shrank modestly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bolivia ($X per unit) and Germany ($X per unit), while the average price for exports to Brazil ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Heat Exchange Unit Imports

Imports into Chile

In 2022, overseas purchases of heat exchange units increased by 31% to X units, rising for the second year in a row after three years of decline. Overall, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.9% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 102% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, heat exchange unit imports surged to $X in 2022. In general, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.6% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 102% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United States (X units), China (X units) and Germany (X units) were the main suppliers of heat exchange unit imports to Chile, with a combined 50% share of total imports. Brazil, Sweden, Italy, Spain, Finland, the Netherlands, Belgium, Switzerland, France and Poland lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +76.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) appeared to be the largest heat exchange unit suppliers to Chile, with a combined 50% share of total imports. Brazil, Sweden, Italy, Spain, Finland, the Netherlands, Belgium, Switzerland, France and Poland lagged somewhat behind, together accounting for a further 36%.

In terms of the main suppliers, Poland, with a CAGR of +76.8%, saw the highest rates of growth with regard to 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

The average heat exchange unit import price stood at $X per unit in 2022, rising by 4.8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 12% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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