Report Update: Apr 1, 2024

Peru - Instruments Using Optical Radiations - Market Analysis, Forecast, Size, Trends And Insights

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Optical Radiation Instruments Price in Peru - 2021

Optical Radiation Instruments Price in Peru (CIF) - 2021

In April 2020, the average optical radiation instruments import price amounted to $248 per unit, declining by -56.4% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2020 an increase of 69% against the previous month. As a result, import price reached the peak level of $569 per unit, and then dropped dramatically in the following month.

There were significant differences in the average prices amongst the major supplying countries. In April 2020, the country with the highest price was China ($1,164 per unit), while the price for Japan ($155 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 Germany (+83.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Optical Radiation Instruments Price in Peru (FOB) - 2022

In 2022, the average optical radiation instruments export price amounted to $414 per unit, reducing by -18.7% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, optical radiation instruments export price increased by +75.7% against 2019 indices. The growth pace was the most rapid in 2020 when the average export price increased by 63%. Over the period under review, the average export prices reached the peak figure at $510 per unit in 2021, and then dropped significantly in the following year.

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 Bolivia ($6,318 per unit), while the average price for exports to Free Zones ($90 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 (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Radiation Instruments Imports in Peru

In 2022, approx. 76K units of instruments using optical radiations were imported into Peru; growing by 69% against the previous year's figure. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 220%. As a result, imports attained the peak of 114K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, optical radiation instruments imports skyrocketed to $17M in 2022. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 194%. As a result, imports attained the peak of $25M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Optical Radiation Instruments in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	616	2,173	1,035	2,118	50.9%
United States	800	4,117	1,062	1,984	35.4%
Germany	354	1,735	547	1,069	44.5%
Netherlands	8.2	95.6	7.1	1,051	404.2%
Singapore	406	1,296	460	798	25.3%
Japan	900	2,050	635	446	-20.9%
Italy	34.0	8.4	182	372	122.0%
Belgium	66.5	291	116	241	53.6%
Spain	2.7	50.0	31.3	221	334.2%
France	184	165	75.1	145	-7.6%
Others	5,081	12,883	5,293	8,708	19.7%
Total	8,453	24,866	9,443	17,155	26.6%

Top Suppliers of Optical Radiation Instruments to Peru in 2022:

China (12.7K units)
United States (9.5K units)
Japan (4.7K units)
Germany (4.5K units)
Netherlands (3.1K units)
Singapore (1.8K units)
Belgium (1.4K units)
Italy (1.3K units)
Spain (0.9K units)
France (0.5K units)

Optical Radiation Instruments Exports in Peru

After two years of decline, overseas shipments of instruments using optical radiations increased by 55% to 649 units in 2022. Overall, exports, however, showed a abrupt slump. Over the period under review, the exports attained the peak figure at 1.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, optical radiation instruments exports surged to $269K in 2022. In general, exports, however, continue to indicate a mild curtailment. Over the period under review, the exports attained the maximum at $324K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Optical Radiation Instruments in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	50.8	55.8	40.3	56.0	3.3%
Switzerland	56.4	57.7	38.8	50.2	-3.8%
Germany	2.0	3.8	3.5	16.0	100.0%
United States	58.9	28.6	2.0	9.9	-44.8%
Colombia	7.1	11.8	7.1	8.3	5.3%
Free Zones	6.6	7.2	5.2	7.2	2.9%
Ecuador	9.2	14.3	0.1	5.3	-16.8%
Guatemala	4.5	N/A	N/A	N/A	0%
Others	89.3	145	117	116	9.1%
Total	285	324	214	269	-1.9%

Top Export Markets for Optical Radiation Instruments from Peru in 2022:

Switzerland (192.0 units)
Free Zones (80.0 units)
Colombia (72.0 units)
United States (62.0 units)
Sweden (54.0 units)
Germany (49.0 units)
Ecuador (40.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the optical radiation instruments 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 26515350 - Instruments and apparatus using optical radiations, n.e.c.

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