Chile: Boiler Parts Market 2025

Boiler Parts Market Size in Chile

The Chilean boiler parts market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, continues to indicate a pronounced setback. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Boiler Parts Exports

Exports from Chile

In 2021, boiler parts exports from Chile soared to X tons, picking up by 20% against the year before. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 887%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the near future.

In value terms, boiler parts exports skyrocketed to $X in 2021. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,553%. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Bolivia (X tons) was the main destination for boiler parts exports from Chile, with a 88% share of total exports. Moreover, boiler parts exports to Bolivia exceeded the volume sent to the second major destination, Peru (X tons), eightfold.

From 2012 to 2021, the average annual growth rate of volume to Bolivia totaled +49.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+20.2% per year) and Paraguay (-16.6% per year).

In value terms, Bolivia ($X) remains the key foreign market for parts of boilers for central heating exports from Chile, comprising 99% of total exports. The second position in the ranking was taken by Peru ($X), with a 0.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Bolivia amounted to +57.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-6.4% per year) and Paraguay (-12.5% per year).

Export Prices by Country

The average boiler parts export price stood at $X per ton in 2021, growing by 24% against the previous year. Over the period under review, the export price enjoyed a tangible increase. The most prominent rate of growth was recorded in 2020 an increase of 169% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.

Boiler Parts Imports

Imports into Chile

In 2021, supplies from abroad of parts of boilers for central heating was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by 342%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, boiler parts imports skyrocketed to $X in 2021. In general, imports recorded mild growth. The pace of growth appeared the most rapid in 2016 with an increase of 409% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Portugal (X tons), Croatia (X tons) and Italy (X tons) were the main suppliers of boiler parts imports to Chile, together accounting for 77% of total imports. China, Finland, Austria, Turkey and the United States lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +155.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Croatia ($X) and Portugal ($X) constituted the largest boiler parts suppliers to Chile, together comprising 69% of total imports. These countries were followed by China, Finland, the United States, Austria and Turkey, which together accounted for a further 19%.

Finland, with a CAGR of +94.4%, 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

In 2021, the average boiler parts import price amounted to $X per ton, with a decrease of -14.6% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 147%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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