Chile: Non-Electric Air Heater Market 2023

Non-Electric Air Heater Market Size in Chile

The Chilean non-electric air heater market contracted sharply to $X in 2022, declining by -55.1% 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). Over the period under review, consumption recorded a deep contraction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Non-Electric Air Heater Exports

Exports from Chile

In 2022, overseas shipments of non-electric air heaters or hot air distributors increased by 220% to X units, rising for the second consecutive year after two years of decline. Overall, exports, however, recorded a noticeable curtailment. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-electric air heater exports surged to $X in 2022. In general, exports, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2016 with an increase of 211% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X units) was the main destination for non-electric air heater exports from Chile, with a 78% share of total exports. Moreover, non-electric air heater exports to Peru exceeded the volume sent to the second major destination, Italy (X units), fivefold. The third position in this ranking was held by Spain (X units), with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume to Peru was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+36.3% per year) and Spain (-4.4% per year).

In value terms, Peru ($X) emerged as the key foreign market for non-electric air heaters or hot air distributors exports from Chile, comprising 79% of total exports. The second position in the ranking was taken by Italy ($X), with a 15% share of total exports. It was followed by Spain, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value to Peru totaled +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+25.9% per year) and Spain (-0.9% per year).

Export Prices by Country

In 2022, the average non-electric air heater export price amounted to $X per unit, declining by -26.1% against the previous year. In general, the export price, however, showed a slight expansion. The most prominent rate of growth was recorded in 2016 an increase of 78% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Air Heater Imports

Imports into Chile

Non-electric air heater imports into Chile declined significantly to X units in 2022, falling by -33.7% compared with the previous year's figure. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of 107% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, non-electric air heater imports declined significantly to $X in 2022. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2013 when imports increased by 85%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X units), China (X units) and South Korea (X units) were the main suppliers of non-electric air heater imports to Chile, together accounting for 85% of total imports. Argentina, France, Germany and the United States lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Argentina (with a CAGR of +5.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of non-electric air heaters or hot air distributors to Chile, comprising 53% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports. It was followed by South Korea, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-15.1% per year) and South Korea (-11.6% per year).

Import Prices by Country

The average non-electric air heater import price stood at $X per unit in 2022, reducing by -9.9% against the previous year. Over the period under review, the import price, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 185%. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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