Peru - Mobile Phones - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMobile Phone Price in Peru - 2021
Contents:
- Mobile Phone Price in Peru (CIF) - 2021
- Mobile Phone Price in Peru (FOB) - 2021
- Mobile Phone Imports in Peru
- Mobile Phone Exports in Peru
Mobile Phone Price in Peru (CIF) - 2021
In April 2020, the average mobile phone import price amounted to $363 per unit, falling by -17.3% against the previous month. Over the period under review, the import price showed a perceptible slump. The growth pace was the most rapid in March 2020 when the average import price increased by 26% against the previous month. As a result, import price reached the peak level of $439 per unit, and then fell markedly in the following month.
Average prices varied somewhat amongst the major supplying countries. In April 2020, the country with the highest price was Vietnam ($458 per unit), while the price for China amounted to $360 per unit.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by China (-0.2%).
Mobile Phone Price in Peru (FOB) - 2021
In April 2020, the average mobile phone export price amounted to $133 per unit, with a decrease of -91.1% against the previous month. Overall, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in February 2020 an increase of 652% against the previous month. The export price peaked at $1,486 per unit in March 2020, and then plummeted in the following month.
Average prices varied noticeably for the major foreign markets. In April 2020, the country with the highest price was El Salvador ($147 per unit), while the average price for exports to Honduras totaled $124 per unit.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Mobile Phone Imports in Peru
After three years of growth, supplies from abroad of mobile phones decreased by -32.8% to 7.3M units in 2022. In general, imports recorded a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of 11M units, and then fell rapidly in the following year.
In value terms, mobile phone imports declined remarkably to $1.2B in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. As a result, imports reached the peak of $1.4B, and then declined dramatically in the following year.
| Import of Mobile Phone in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 847 | 745 | 1,002 | 893 | 1.8% |
| Vietnam | 164 | 161 | 401 | 305 | 23.0% |
| Others | 15.4 | 13.3 | 12.8 | 4.8 | -32.2% |
| Total | 1,027 | 919 | 1,416 | 1,203 | 5.4% |
Top Suppliers of Mobile Phone to Peru in 2022:
- China (5.7M units)
- Vietnam (1.6M units)
Mobile Phone Exports in Peru
For the fourth consecutive year, Peru recorded growth in overseas shipments of mobile phones, which increased by 27% to 115K units in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 340% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, mobile phone exports reduced to $8.5M in 2022. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 395%. Over the period under review, the exports hit record highs at $8.9M in 2021, and then reduced in the following year.
| Export of Mobile Phone in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 0.1 | 0.1 | 1,549 | 3,344 | 3121.7% |
| Hong Kong SAR | 1.7 | 1.0 | 952 | 2,217 | 992.5% |
| United States | 642 | 2,489 | 2,582 | 1,588 | 35.2% |
| Chile | 4.9 | 9.6 | 2,275 | 504 | 368.5% |
| Ecuador | 0.1 | N/A | 104 | 365 | 1439.7% |
| El Salvador | 45.4 | 302 | 12.5 | 230 | 71.7% |
| Mexico | 8.3 | 42.7 | 48.7 | 118 | 142.3% |
| Spain | 39.1 | 424 | 169 | 21.1 | -18.6% |
| Others | 22.8 | 521 | 1,221 | 64.3 | 41.3% |
| Total | 765 | 3,790 | 8,912 | 8,452 | 122.7% |
Top Export Markets for Mobile Phone from Peru in 2022:
- Hong Kong SAR (42.3K units)
- Guatemala (38.0K units)
- United States (19.0K units)
- Chile (5.8K units)
- Ecuador (4.5K units)
- Mexico (2.0K units)
- El Salvador (1.6K units)
- Spain (0.4K units)
This report provides an in-depth analysis of the mobile phone 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 26302200 - Telephones for cellular networks or for other wireless networks
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
-
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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