Report Update: Apr 1, 2024

Peru - Non-Electric Industrial Or Laboratory Furnaces And Ovens - Market Analysis, Forecast, Size, Trends And Insights

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Non-Electric Industrial Furnace Price in Peru - 2021

Non-Electric Industrial Furnace Price in Peru (CIF) - 2021

The average non-electric industrial furnace import price stood at $46,039 per unit in April 2020, reducing by -33.5% against the previous month. In general, the import price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in March 2020 when the average import price increased by 330% against the previous month. As a result, import price reached the peak level of $69,254 per unit, and then dropped remarkably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($124K per unit), while the price for China ($4,273 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 Spain (+41.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Electric Industrial Furnace Price in Peru (FOB) - 2022

In 2022, the average non-electric industrial furnace export price amounted to $332 per unit, shrinking by -2.2% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 48%. The export price peaked at $484 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($811 per unit), while the average price for exports to Chile ($202 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 Bolivia (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Industrial Furnace Imports in Peru

Non-electric industrial furnace imports into Peru soared to 5.9K units in 2022, rising by 64% compared with the year before. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.5% 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 decreased by -7.4% against 2020 indices. Over the period under review, imports reached the maximum at 6.4K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, non-electric industrial furnace imports soared to $2.6M in 2022. Overall, imports, however, saw a relatively flat trend pattern. Imports peaked at $3.2M in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Import of Non-Electric Industrial Furnace in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	363	1,184	719	1,089	44.2%
China	759	501	281	429	-17.3%
Germany	295	598	252	381	8.9%
Colombia	298	272	77.9	168	-17.4%
Brazil	116	21.6	65.9	99.7	-4.9%
Italy	169	118	43.2	87.2	-19.8%
Spain	92.4	165	24.5	69.5	-9.1%
Others	511	296	549	261	-20.1%
Total	2,603	3,156	2,013	2,585	-0.2%

Top Suppliers of Non-Electric Industrial Furnace to Peru in 2022:

China (2534.0 units)
United States (1259.0 units)
Colombia (972.0 units)
Germany (306.0 units)
Brazil (259.0 units)
Spain (168.0 units)
Italy (162.0 units)

Non-Electric Industrial Furnace Exports in Peru

In 2022, exports of non-electric industrial or laboratory furnaces and ovens from Peru reduced sharply to 457 units, waning by -43.2% against the previous year's figure. In general, exports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,001%. As a result, the exports attained the peak of 804 units, and then reduced notably in the following year.

In value terms, non-electric industrial furnace exports reduced rapidly to $152K in 2022. Overall, exports, however, saw temperate growth. The growth pace was the most rapid in 2021 when exports increased by 792% against the previous year. As a result, the exports attained the peak of $273K, and then reduced sharply in the following year.

Export of Non-Electric Industrial Furnace in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Chile	40.1	4.0	42.1	71.0	21.0%
United States	39.8	19.4	20.6	42.4	2.1%
Bolivia	1.4	7.1	18.5	31.2	181.4%
Ecuador	N/A	0.1	4.2	7.1	742.6%
Nicaragua	N/A	N/A	167	N/A	0%
Argentina	N/A	N/A	15.4	N/A	0%
Guatemala	42.6	N/A	N/A	N/A	0%
Others	9.7	N/A	5.1	N/A	-27.5%
Total	134	30.6	273	152	4.3%

Top Export Markets for Non-Electric Industrial Furnace from Peru in 2022:

Chile (352.0 units)
United States (52.0 units)
Bolivia (41.0 units)
Ecuador (12.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-electric industrial furnace 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 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023