Latin America and the Caribbean: Market for Gas and Smoke Analysers 2025

Market Size for Gas and Smoke Analysers in Latin America and the Caribbean

In 2021, the Latin American gas and smoke analyser market decreased by -31.1% to $X, falling for the third consecutive year after two years of growth. In general, consumption, however, showed notable growth. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Production of Gas and Smoke Analysers in Latin America and the Caribbean

In value terms, gas and smoke analyser production rose slightly to $X in 2021 estimated in export price. Overall, production enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 775%. The level of production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Exports of Gas and Smoke Analysers

Exports in Latin America and the Caribbean

In 2021, overseas shipments of gas and smoke analysers were finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. Overall, exports saw a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, gas and smoke analyser exports soared to $X in 2021. In general, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2015 when exports increased by 68% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Mexico prevails in exports structure, resulting at X units, which was near 90% of total exports in 2021. It was distantly followed by Brazil (X units), achieving a 9.8% share of total exports.

Mexico was also the fastest-growing in terms of the gas and smoke analysers exports, with a CAGR of +21.2% from 2012 to 2021. At the same time, Brazil (+6.5%) displayed positive paces of growth. Mexico (+16 p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by -15.9% from 2012 to 2021, respectively.

In value terms, Mexico ($X) remains the largest gas and smoke analyser supplier in Latin America and the Caribbean, comprising 93% of total exports. The second position in the ranking was taken by Brazil ($X), with a 5.2% share of total exports.

In Mexico, gas and smoke analyser exports increased at an average annual rate of +20.6% over the period from 2012-2021.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2021, declining by -47.7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 57% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Mexico ($X per unit), while Brazil amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (-0.5%).

Imports of Gas and Smoke Analysers

Imports in Latin America and the Caribbean

In 2021, approx. X units of gas and smoke analysers were imported in Latin America and the Caribbean; picking up by 33% compared with 2020. In general, imports, however, showed a pronounced downturn. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, gas and smoke analyser imports surged to $X in 2021. The total import value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Brazil (X units) was the largest importer of gas and smoke analysers, generating 60% of total imports. It was distantly followed by Mexico (X units), making up a 28% share of total imports. Chile (X units) and Colombia (X units) held a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to gas and smoke analyser imports into Brazil stood at -1.8%. At the same time, Chile (+21.6%) and Colombia (+9.6%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +21.6% from 2012-2021. By contrast, Mexico (-6.3%) illustrated a downward trend over the same period. While the share of Brazil (+6.5 p.p.) and Chile (+3.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Mexico (-10.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Brazil ($X) and Chile ($X) were the countries with the highest levels of imports in 2021, together accounting for 85% of total imports.

In terms of the main importing countries, Chile, with a CAGR of +8.6%, saw the highest growth rate of 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 import price in Latin America and the Caribbean stood at $X per unit in 2021, falling by -10.2% against the previous year. Import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, gas and smoke analyser import price decreased by -13.8% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 17% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+11.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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