MERCOSUR: Hvac Equipment Market 2024

Hvac Equipment Market Size in MERCOSUR

For the third consecutive year, the MERCOSUR HVAC equipment market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Hvac Equipment Production in MERCOSUR

In value terms, HVAC equipment production dropped modestly to $X in 2022 estimated in export price. The total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Hvac Equipment Exports

Exports in MERCOSUR

In 2022, hvac equipment exports in MERCOSUR skyrocketed to X units, growing by X% compared with 2021 figures. Overall, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, HVAC equipment exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a perceptible descent. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil dominates exports structure, accounting for X units, which was near X% of total exports in 2022. The following exporters - Chile (X units), Argentina (X units) and Colombia (X units) - together made up X% of total exports.

Exports from Brazil decreased at an average annual rate of X% from 2012 to 2022. Colombia experienced a relatively flat trend pattern. Chile (X%) and Argentina (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest HVAC equipment supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced more modest paces of growth.

Hvac Equipment Imports

Imports in MERCOSUR

In 2022, the amount of HVAC equipment imported in MERCOSUR stood at X units, increasing by X% compared with the previous year's figure. Total imports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, HVAC equipment imports rose sharply to $X in 2022. Overall, imports, however, recorded a mild decline. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Brazil represented the largest importer of HVAC equipment in MERCOSUR, with the volume of imports amounting to X units, which was near X% of total imports in 2022. Argentina (X units) held the second position in the ranking, followed by Chile (X units) and Colombia (X units). All these countries together took approx. X% share of total imports. The following importers - Peru (X units) and Ecuador (X units) - each accounted for a X% share of total imports.

Imports into Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Ecuador (X%), Chile (X%), Colombia (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Peru experienced a relatively flat trend pattern. From 2012 to 2022, the share of Chile increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Chile ($X) and Colombia ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Chile, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 MERCOSUR stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price, however, showed a pronounced contraction. The pace of growth was the most pronounced in 2016 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform