Latin America and the Caribbean: Market for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam 2024

Market Size for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in Latin America and the Caribbean

The Latin American market for central heating boilers, for producing hot water or low pressure steam dropped modestly to $X in 2022, declining by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in Latin America and the Caribbean

In value terms, production of central heating boilers, for producing hot water or low pressure steam shrank slightly to $X in 2022 estimated in export price. The total production indicated a tangible increase 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 increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2022, production of growth remained at a lower figure.

Exports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Exports in Latin America and the Caribbean

In 2022, after two years of growth, there was significant decline in shipments abroad of central heating boilers, for producing hot water or low pressure steam, when their volume decreased by X% to X units. Over the period under review, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports of reached the maximum at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam surged to $X in 2022. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports of reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Bolivia represented the major exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by Chile (X units), the Dominican Republic (X units) and Guatemala (X units), together achieving a X% share of total exports. The following exporters - El Salvador (X units), Brazil (X units) and Nicaragua (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Chile (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest central heating boilers, for producing hot water or low pressure steam supplying countries in Latin America and the Caribbean were Chile ($X), Guatemala ($X) and the Dominican Republic ($X), with a combined X% share of total exports. El Salvador, Bolivia, Nicaragua and Brazil lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Nicaragua, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, growing by X% against the previous year. Overall, the export price enjoyed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Guatemala ($X per unit), while Brazil ($X per unit) was amongst the lowest.

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

Imports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Imports in Latin America and the Caribbean

In 2022, the amount of central heating boilers, for producing hot water or low pressure steam imported in Latin America and the Caribbean reduced to X units, falling by X% against the previous year. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports of attained the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam contracted notably to $X in 2022. Overall, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Argentina (X units) and Chile (X units) prevails in steam structure, together creating X% of total imports. It was distantly followed by Brazil (X units), generating a X% share of total imports. The following importers - Uruguay (X units), Guatemala (X units), Nicaragua (X units) and Colombia (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Argentina ($X) and Brazil ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Uruguay, Colombia, Nicaragua and Guatemala lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Nicaragua, with a CAGR of X%, recorded 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

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, with a decrease of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Colombia ($X per unit), while Argentina ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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