Peru - Equipment For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Internal Combustion Engine Equipment in Peru - 2021
Contents:
- Price for Internal Combustion Engine Equipment in Peru (CIF) - 2021
- Price for Internal Combustion Engine Equipment in Peru (FOB) - 2022
- Imports of Internal Combustion Engine Equipment in Peru
- Exports of Internal Combustion Engine Equipment in Peru
Price for Internal Combustion Engine Equipment in Peru (CIF) - 2021
In April 2020, the average internal combustion engine equipment import price amounted to $10.3 per unit, surging by 113% against the previous month. Over the period under review, the import price continues to indicate a significant increase. As a result, import 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 supplying countries. In April 2020, the country with the highest price was Japan ($24.1 per unit), while the price for South Korea ($2.0 per unit) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Japan (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Internal Combustion Engine Equipment in Peru (FOB) - 2022
In 2022, the average internal combustion engine equipment export price amounted to $48 per unit, increasing by 15% against the previous year. Over the period under review, the export price, however, saw a drastic downturn. The growth pace was the most rapid in 2016 an increase of 174%. Over the period under review, the average export prices reached the maximum at $127 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($258 per unit), while the average price for exports to Honduras ($6.8 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 (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Internal Combustion Engine Equipment in Peru
In 2022, after three years of growth, there was significant decline in overseas purchases of equipment for internal combustion engines, when their volume decreased by -24.5% to 841K units. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 69% against the previous year. As a result, imports reached the peak of 1.1M units, and then reduced dramatically in the following year.
In value terms, internal combustion engine equipment imports contracted rapidly to $3.4M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.9% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 64% against the previous year. As a result, imports attained the peak of $4.2M, and then declined significantly in the following year.
| Import of Internal Combustion Engine Equipment in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 779 | 912 | 1,903 | 1,505 | 24.5% |
| Japan | 572 | 730 | 1,010 | 799 | 11.8% |
| India | 362 | 298 | 468 | 370 | 0.7% |
| Brazil | 121 | 15.9 | 243 | 192 | 16.6% |
| Others | 629 | 598 | 564 | 504 | -7.1% |
| Total | 2,463 | 2,555 | 4,188 | 3,371 | 11.0% |
Top Suppliers of Internal Combustion Engine Equipment to Peru in 2022:
- China (511.9K units)
- Japan (184.0K units)
- Brazil (94.2K units)
- India (29.3K units)
Exports of Internal Combustion Engine Equipment in Peru
In 2022, the amount of equipment for internal combustion engines exported from Peru soared to 896 units, rising by 29% against the previous year's figure. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 65% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, internal combustion engine equipment exports surged to $43K in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked at $57K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Internal Combustion Engine Equipment in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 24.3 | 39.5 | 18.5 | 28.6 | 5.6% |
| Guyana | 4.9 | 2.2 | 2.7 | 4.2 | -5.0% |
| Bolivia | 3.6 | 4.0 | 1.2 | 2.0 | -17.8% |
| Honduras | 0.7 | N/A | 1.0 | 1.6 | 31.7% |
| Ecuador | 3.9 | 0.8 | 0.6 | 1.2 | -32.5% |
| Costa Rica | 1.1 | 1.3 | 0.7 | 1.1 | 0.0% |
| Chile | 0.2 | 0.3 | 0.7 | 1.1 | 76.5% |
| Argentina | 1.7 | 1.7 | 0.7 | 1.1 | -13.5% |
| Guatemala | 0.3 | 0.1 | 0.3 | 0.5 | 18.6% |
| Haiti | 0.5 | 0.2 | 0.2 | 0.3 | -15.7% |
| Central African Republic | N/A | 0.3 | N/A | N/A | 0% |
| Cuba | N/A | 1.0 | 1.2 | N/A | 20.0% |
| Others | 0.9 | 5.4 | 1.2 | 1.2 | 10.1% |
| Total | 42.1 | 56.7 | 29.0 | 42.8 | 0.6% |
Top Export Markets for Internal Combustion Engine Equipment from Peru in 2022:
- Honduras (233.0 units)
- Costa Rica (135.0 units)
- United States (111.0 units)
- Guyana (90.0 units)
- Ecuador (90.0 units)
- Guatemala (55.0 units)
- Argentina (51.0 units)
- Chile (45.0 units)
- Haiti (32.0 units)
- Bolivia (24.0 units)
This report provides an in-depth analysis of the market for internal combustion engine equipment in Peru. 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 29312270 - Equipment, n.e.c., for internal combustion engines
Country coverage:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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