Peru - Semiconductor Light Emitting Diodes (LEDs) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSemiconductor LED Price in Peru - 2021
Contents:
- Semiconductor LED Price in Peru (CIF) - 2022
- Semiconductor LED Price in Peru (FOB) - 2022
- Semiconductor LED Imports in Peru
- Semiconductor LED Exports in Peru
Semiconductor LED Price in Peru (CIF) - 2022
In 2022, the average semiconductor LED import price amounted to $4.7 per unit, with a decrease of -18.2% against the previous year. In general, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 56%. The import price peaked at $15 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($28 per unit), while the price for Panama ($2.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.7%), while the prices for the other major suppliers experienced a decline.
Semiconductor LED Price in Peru (FOB) - 2022
The average semiconductor LED export price stood at $21 per unit in 2022, which is down by -7.4% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 55%. The export price peaked at $98 per unit in 2012; however, from 2013 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 Chile ($26 per unit), while the average price for exports to Ecuador ($7.5 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 Hong Kong SAR (+3.5%), while the prices for the other major destinations experienced a decline.
Semiconductor LED Imports in Peru
In 2022, the amount of semiconductor light emitting diodes (LEDs) imported into Peru expanded notably to 2.9M units, with an increase of 11% against the year before. The total import volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 43%. As a result, imports attained the peak of 3.3M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, semiconductor LED imports reduced to $13M in 2022. Over the period under review, imports, however, recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 when imports increased by 23% against the previous year. Over the period under review, imports attained the maximum at $15M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Semiconductor LED in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.4 | 10.6 | 11.2 | 10.2 | -8.7% |
| Denmark | N/A | N/A | 1.7 | 1.5 | -11.8% |
| Panama | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Others | 1.4 | 1.2 | 1.8 | 1.6 | 4.6% |
| Total | 14.9 | 12.0 | 14.8 | 13.4 | -3.5% |
Top Suppliers of Semiconductor LED to Peru in 2022:
- China (2645.5K units)
- Panama (57.7K units)
- Denmark (54.3K units)
Semiconductor LED Exports in Peru
After three years of growth, shipments abroad of semiconductor light emitting diodes (LEDs) decreased by -21.7% to 3.5K units in 2022. Overall, exports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 77%. As a result, the exports attained the peak of 4.5K units, and then dropped rapidly in the following year.
In value terms, semiconductor LED exports shrank rapidly to $73K in 2022. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 122% against the previous year. As a result, the exports reached the peak of $101K, and then fell remarkably in the following year.
| Export of Semiconductor LED in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 0.8 | 27.0 | 87.1 | 63.1 | 328.9% |
| Colombia | 5.7 | 6.2 | 3.5 | 3.7 | -13.4% |
| Ecuador | 9.9 | 3.2 | 0.4 | 3.2 | -31.4% |
| Bolivia | 0.6 | 6.9 | 0.4 | 1.9 | 46.8% |
| Honduras | 1.3 | N/A | N/A | N/A | 0% |
| Others | 10.9 | 2.2 | 9.4 | 1.3 | -50.8% |
| Total | 29.2 | 45.4 | 101 | 73.1 | 35.8% |
Top Export Markets for Semiconductor LED from Peru in 2022:
- Chile (2407.0 units)
- Colombia (429.0 units)
- Ecuador (428.0 units)
- Bolivia (182.0 units)
This report provides an in-depth analysis of the semiconductor led market 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 26112220 - Semiconductor light emitting diodes (LEDs)
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
-
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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