Peru - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Driving and Non-Driving Axle in Peru - 2021
Contents:
- Price for Driving and Non-Driving Axle in Peru (CIF) - 2021
- Price for Driving and Non-Driving Axle in Peru (FOB) - 2022
- Imports of Driving and Non-Driving Axle in Peru
- Exports of Driving and Non-Driving Axle in Peru
Price for Driving and Non-Driving Axle in Peru (CIF) - 2021
The average driving and non-driving axle import price stood at $10,884 per ton in April 2020, reducing by -1.6% against the previous month. In general, import price indicated a strong increase from January 2020 to April 2020: its price increased at an average monthly rate of +14.6% over the last three-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2020 figures, driving and non-driving axle import price increased by +68.2% against February 2020 indices. The most prominent rate of growth was recorded in March 2020 an increase of 71% m-o-m. As a result, import price attained the peak level of $11,058 per ton, and then fell 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 Japan ($27,900 per ton), while the price for the UK ($1,663 per ton) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by China (+56.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Driving and Non-Driving Axle in Peru (FOB) - 2022
The average driving and non-driving axle export price stood at $16,025 per ton in 2022, dropping by -5% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, driving and non-driving axle export price increased by +75.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices reached the maximum at $16,866 per ton in 2021, and then dropped modestly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guyana ($34,021 per ton), while the average price for exports to Japan ($1,240 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Driving and Non-Driving Axle in Peru
In 2022, the amount of drive-axles with differential and non-driving axles imported into Peru reduced remarkably to 1.5K tons, with a decrease of -31.2% against the previous year's figure. Overall, imports saw a noticeable curtailment. The pace of growth was the most pronounced in 2021 with an increase of 134% against the previous year. As a result, imports attained the peak of 2.2K tons, and then reduced remarkably in the following year.
In value terms, driving and non-driving axle imports contracted rapidly to $12M in 2022. Over the period under review, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 113% against the previous year. As a result, imports attained the peak of $16M, and then dropped rapidly in the following year.
| Import of Driving and Non-Driving Axle in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.1 | 1.5 | 3.7 | 3.7 | -10.1% |
| China | 2.8 | 2.2 | 4.7 | 3.0 | 2.3% |
| Brazil | 1.0 | 0.6 | 1.1 | 0.9 | -3.5% |
| Italy | 1.3 | 0.7 | 1.0 | 0.8 | -14.9% |
| South Korea | 0.8 | 0.4 | 1.0 | 0.7 | -4.4% |
| Turkey | 0.4 | 0.3 | 0.9 | 0.6 | 14.5% |
| Japan | 0.6 | 0.2 | 0.3 | 0.3 | -20.6% |
| United Kingdom | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| India | 0.4 | 0.4 | 0.4 | N/A | 0.0% |
| Others | 1.6 | 1.0 | 2.7 | 1.5 | -2.1% |
| Total | 14.1 | 7.5 | 15.9 | 11.7 | -6.0% |
Top Suppliers of Driving and Non-Driving Axle to Peru in 2022:
- China (793.6 tons)
- United States (393.4 tons)
- South Korea (86.2 tons)
- Brazil (57.1 tons)
- Turkey (54.6 tons)
- Italy (37.9 tons)
- Japan (24.3 tons)
- United Kingdom (21.0 tons)
- India (5.3 tons)
Exports of Driving and Non-Driving Axle in Peru
In 2022, exports of drive-axles with differential and non-driving axles from Peru declined to 16 tons, falling by -12.3% against the previous year. In general, exports faced a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 31%.
In value terms, driving and non-driving axle exports dropped sharply to $249K in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of $299K, and then declined rapidly in the following year.
| Export of Driving and Non-Driving Axle in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 34.3 | 39.2 | 135 | 103 | 44.3% |
| Guyana | 10.0 | 17.6 | 24.3 | 28.0 | 40.9% |
| Belgium | 8.1 | 17.2 | 25.2 | 24.3 | 44.2% |
| Brazil | 21.8 | 18.3 | 13.6 | 13.2 | -15.4% |
| Canada | 0.2 | 0.8 | 10.1 | 9.8 | 265.9% |
| Sweden | 18.8 | 9.5 | 9.3 | 9.2 | -21.2% |
| Guatemala | 7.6 | 6.0 | 4.4 | 2.5 | -31.0% |
| Japan | 0.3 | 0.5 | 0.8 | 0.8 | 38.7% |
| Chile | 5.0 | 17.0 | 3.9 | 0.2 | -65.8% |
| China | 82.8 | N/A | N/A | N/A | 0% |
| Malaysia | 3.1 | N/A | N/A | N/A | 0% |
| Others | 40.7 | 73.4 | 73.1 | 57.9 | 12.5% |
| Total | 233 | 199 | 299 | 249 | 2.2% |
Top Export Markets for Driving and Non-Driving Axle from Peru in 2022:
- Chile (undefined tons)
- United States (7.3 tons)
- Sweden (1.8 tons)
- Belgium (1.1 tons)
- Brazil (1.0 tons)
- Canada (0.9 tons)
- Guyana (0.8 tons)
- Japan (0.6 tons)
- Guatemala (0.3 tons)
This report provides an in-depth analysis of the market for driving and non-driving axle 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 29323036 - Drive-axles with differential, non-driving axles and their parts
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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