Report Latin America and the Caribbean - Iron or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Sep 1, 2023

Latin America and the Caribbean - Iron or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Metal Gas Appliances Market 2023

Metal Gas Appliances Market Size in Latin America and the Caribbean

The Latin American metal gas appliances market stood at $X in 2022, growing by 3.5% against the previous year. Over the period under review, consumption, however, showed a noticeable decline. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Metal Gas Appliances Production in Latin America and the Caribbean

In value terms, metal gas appliances production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2018 with an increase of 68% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Metal Gas Appliances Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of iron or steel gas domestic appliances was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt contraction. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal gas appliances exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Mexico (X units) was the major exporter of iron or steel gas domestic appliances, committing 38% of total exports. Panama (X units) held a 21% share (based on physical terms) of total exports, which put it in second place, followed by Argentina (20%), Brazil (9.4%) and Peru (8%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Peru (with a CAGR of +42.3%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest metal gas appliances supplying countries in Latin America and the Caribbean were Mexico ($X), Panama ($X) and Argentina ($X), with a combined 82% share of total exports. Brazil and Peru lagged somewhat behind, together comprising a further 17%.

Peru, with a CAGR of +9.9%, recorded the highest growth rate of the value of exports, among the main exporting countries 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, reducing by -12.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2015 an increase of 28% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Peru ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+16.1%), while the other leaders experienced mixed trends in the export price figures.

Metal Gas Appliances Imports

Imports in Latin America and the Caribbean

In 2022, purchases abroad of iron or steel gas domestic appliances increased by 5.9% to X units, rising for the second consecutive year after two years of decline. Total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.0% 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 +31.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 61% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, metal gas appliances imports soared to $X in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Chile (X units) was the main importer of iron or steel gas domestic appliances, comprising 53% of total imports. Mexico (X units) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by Bolivia (9.7%), Uruguay (6.6%) and Argentina (5.8%). The following importers - Panama (X units) and Peru (X units) - each accounted for a 4.1% share of total imports.

Imports into Chile increased at an average annual rate of +6.5% from 2012 to 2022. At the same time, Bolivia (+17.1%), Argentina (+14.4%), Mexico (+6.5%), Peru (+2.6%) and Panama (+2.3%) displayed positive paces of growth. Moreover, Bolivia emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +17.1% from 2012-2022. By contrast, Uruguay (-5.9%) illustrated a downward trend over the same period. While the share of Chile (+11 p.p.), Bolivia (+6.8 p.p.), Argentina (+3.6 p.p.) and Mexico (+3 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Uruguay (-11.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported iron or steel gas domestic appliances in Latin America and the Caribbean, comprising 51% of total imports. The second position in the ranking was taken by Mexico ($X), with a 17% share of total imports. It was followed by Argentina, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value in Chile stood at +4.9%. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (+4.1% per year) and Argentina (+22.4% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2022, surging by 21% against the previous year. In general, the import price, however, showed a mild slump. The pace of growth was the most pronounced in 2019 an increase of 27% against the previous year. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a 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 Panama ($X per unit), while Bolivia ($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 (+7.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel gas domestic appliances in LatAmerica and the Caribbean?
+
The countries with the highest volumes of consumption in 2022 were Brazil, Mexico and Argentina, with a combined 84% share of total consumption. Chile, the Dominican Republic and Panama lagged somewhat behind, together accounting for a further 12%.
What are the largest producers of iron or steel gas domestic appliances in LatAmerica and the Caribbean?
+
The countries with the highest volumes of production in 2022 were Brazil, Mexico and Argentina, together comprising 93% of total production. The Dominican Republic, Panama and Puerto Rico lagged somewhat behind, together comprising a further 6.6%.
What are the leading exporters of iron or steel gas domestic appliances in LatAmerica and the Caribbean?
+
In value terms, the largest metal gas appliances supplying countries in Latin America and the Caribbean were Mexico, Panama and Argentina, together accounting for 82% of total exports. Brazil and Peru lagged somewhat behind, together accounting for a further 17%.
What are the leading importers of iron or steel gas domestic appliances in LatAmerica and the Caribbean?
+
In value terms, Chile constitutes the largest market for imported iron or steel gas domestic appliances in Latin America and the Caribbean, comprising 51% of total imports. The second position in the ranking was held by Mexico, with a 17% share of total imports. It was followed by Argentina, with a 5.3% share.
What is the average export price for iron or steel gas domestic appliances in LatAmerica and the Caribbean?
+
In 2022, the export price in Latin America and the Caribbean amounted to $165 per unit, reducing by -12.8% against the previous year.
What is the average import price for iron or steel gas domestic appliances in LatAmerica and the Caribbean?
+
In 2022, the import price in Latin America and the Caribbean amounted to $85 per unit, growing by 21% against the previous year.

This report provides an in-depth analysis of the metal gas appliances market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 27521234 - Iron or steel gas domestic appliances, including heaters, g rates, fires and braziers, for both gas and other fuels radiators (excluding cooking appliances and plate warmers )
Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• British Virgin Islands
• Cayman Islands
• Curacao
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Volume Forecast to 2030
Figure 5:
Market Value Forecast to 2030
Figure 6:
Products: Market Size And Growth, By Type
Figure 7:
Products: Average Per Capita Consumption, By Type
Figure 8:
Products: Exports And Growth, By Type
Figure 9:
Products: Export Prices And Growth, By Type
Figure 10:
Production Volume And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2022
Figure 18:
Production, In Value Terms, 2012–2022
Figure 19:
Production, By Country, 2022
Figure 20:
Production, In Physical Terms, By Country, 2012–2022
Figure 21:
Imports, In Physical Terms, 2012–2022
Figure 22:
Imports, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, By Country, 2022
Figure 24:
Imports, In Physical Terms, By Country, 2012–2022
Figure 25:
Imports, In Value Terms, By Country, 2012–2022
Figure 26:
Import Prices, By Country, 2012–2022
Figure 27:
Exports, In Physical Terms, 2012–2022
Figure 28:
Exports, In Value Terms, 2012–2022
Figure 29:
Exports, In Physical Terms, By Country, 2022
Figure 30:
Exports, In Physical Terms, By Country, 2012–2022
Figure 31:
Exports, In Value Terms, By Country, 2012–2022
Figure 32:
Export Prices, 2012–2022
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