Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in Peru - 2022

Contents:

1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Peru (CIF) - 2022
2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Peru (FOB) - 2022
3. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Peru
4. Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Peru

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Peru (CIF) - 2022

In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $14,416 per unit, rising by 12% against the previous year. Overall, the import price, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2016 an increase of 15% against the previous year. The import price peaked at $35,978 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($92,115 per unit), while the price for Sweden ($6,257 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Peru (FOB) - 2022

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $3,597 per unit in 2022, which is down by -65.9% against the previous year. Overall, the export price faced a deep slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 40%. As a result, the export price reached the peak level of $40,092 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

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 Chile ($8,000 per unit), while the average price for exports to Spain ($18 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 the Netherlands (+25.1%), while the prices for the other major destinations experienced a decline.

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Peru

In 2022, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion into Peru expanded rapidly to 645 units, with an increase of 9.1% compared with 2021 figures. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.8% 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 +70.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 56%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion skyrocketed to $9.3M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.7% 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 +70.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion to Peru in 2022:

1. China (468.0 units)
2. South Korea (51.0 units)
3. Japan (45.0 units)
4. Sweden (25.0 units)
5. United States (18.0 units)
6. United Kingdom (14.0 units)
7. Germany (9.0 units)

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Peru

For the fourth consecutive year, Peru recorded growth in overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion, which increased by 25% to 5 units in 2022. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion fell notably to $18K in 2022. Over the period under review, exports, however, saw a sharp descent. The smallest decline of -1.8% was in 2020. The exports peaked at $45K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion from Peru in 2022:

1. Spain (2.0 units)
2. Ecuador (2.0 units)
3. Chile (1.0 units)

Source: IndexBox Market Intelligence Platform