Chile: Mechanical Stoker Market 2024

Mechanical Stoker Market Size in Chile

The Chilean mechanical stoker market rose significantly to $X in 2022, with an increase of 5.4% against the previous year. Over the period under review, consumption, however, saw a prominent increase. Mechanical stoker consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Mechanical Stoker Production in Chile

In value terms, mechanical stoker production expanded sharply to $X in 2022 estimated in export price. In general, production showed a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 264% against the previous year. Mechanical stoker production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Mechanical Stoker Exports

Exports from Chile

In 2022, after two years of decline, there was significant decline in overseas shipments of mechanical stokers, when their volume decreased by -26.2% to X kg. Over the period under review, exports showed a dramatic decrease. The growth pace was the most rapid in 2017 when exports increased by 1,738% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, mechanical stoker exports dropped notably to $X in 2022. Overall, exports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2017 when exports increased by 621%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Bolivia (X kg) was the main destination for mechanical stoker exports from Chile, with a 99% share of total exports. It was followed by Paraguay (X kg), with a 0.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bolivia amounted to -12.9%.

In value terms, Bolivia ($X) emerged as the key foreign market for mechanical stokers exports from Chile, comprising 99% of total exports. The second position in the ranking was held by Paraguay ($X), with a 0.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia stood at -8.4%.

Export Prices by Country

In 2022, the average mechanical stoker export price amounted to $X per ton, dropping by -19.7% against the previous year. Overall, the export price, however, showed resilient growth. The growth pace was the most rapid in 2018 an increase of 191% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Bolivia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Mechanical Stoker Imports

Imports into Chile

In 2022, approx. X tons of mechanical stokers were imported into Chile; dropping by -56.5% on 2021. In general, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2015 with an increase of 47,779% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, mechanical stoker imports contracted markedly to $X in 2022. Overall, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2015 with an increase of 8,451%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest mechanical stoker supplier to Chile, with a 82% share of total imports. Moreover, mechanical stoker imports from China exceeded the figures recorded by the second-largest supplier, Denmark (X kg), sixfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +136.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-41.5% per year) and the United States (+44.8% per year).

In value terms, China ($X) constituted the largest supplier of mechanical stokers to Chile, comprising 68% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +183.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+39.6% per year) and Denmark (-26.7% per year).

Import Prices by Country

The average mechanical stoker import price stood at $X per ton in 2022, jumping by 41% against the previous year. In general, the import price continues to indicate significant growth. The growth pace was the most rapid in 2013 an increase of 1,429%. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+147.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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