Price for Electrical Insulators of Any Material in Peru - 2021

Contents:

  1. Price for Electrical Insulators of Any Material in Peru (CIF) - 2022
  2. Price for Electrical Insulators of Any Material in Peru (FOB) - 2022
  3. Imports of Electrical Insulators of Any Material in Peru
  4. Exports of Electrical Insulators of Any Material in Peru

Price for Electrical Insulators of Any Material in Peru (CIF) - 2022

In 2022, the average import price for electrical insulators of any materials amounted to $2.8 per unit, shrinking by -21.9% against the previous year. Overall, the import price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 an increase of 43% against the previous year. The import price peaked at $4.9 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($11 per unit), while the price for Russia ($1.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Insulators of Any Material in Peru (FOB) - 2022

In 2022, the average export price for electrical insulators of any materials amounted to $10 per unit, rising by 12% against the previous year. Overall, the export price, however, saw a perceptible setback. The growth pace was the most rapid in 2016 an increase of 13%. As a result, the export price attained the peak level of $16 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($20 per unit), while the average price for exports to the Dominican Republic ($6.9 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 Brazil (+3.9%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Insulators of Any Material in Peru

Electrical insulators of any material imports into Peru surged to 3.8M units in 2022, picking up by 95% compared with the previous year. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 200% against the previous year. As a result, imports attained the peak of 5.7M units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, electrical insulators of any material imports skyrocketed to $11M in 2022. In general, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2020 when imports increased by 102%. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Electrical Insulators of Any Material in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.910.12.85.038.1%
United States1.11.01.72.022.1%
Brazil1.00.80.60.8-7.2%
Chile0.60.50.40.5-5.9%
Russia0.60.30.20.4-12.6%
Colombia0.40.30.30.3-9.1%
Others1.51.31.11.62.2%
Total7.114.47.010.714.7%

Top Suppliers of Electrical Insulators of Any Material to Peru in 2022:

  1. China (2912.9K units)
  2. Russia (247.0K units)
  3. United States (181.6K units)
  4. Brazil (158.8K units)
  5. Colombia (87.5K units)
  6. Chile (87.2K units)

Exports of Electrical Insulators of Any Material in Peru

In 2022, shipments abroad of electrical insulators of any materials decreased by -6.8% to 53K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 19% against the previous year. As a result, the exports attained the peak of 57K units, and then fell in the following year.

In value terms, electrical insulators of any material exports rose to $534K in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 13% against the previous year. As a result, the exports reached the peak of $555K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Electrical Insulators of Any Material in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia279234206206-9.6%
Ecuador50.261.479.377.315.5%
Brazil14.00.175.073.273.6%
Dominican Republic31.055.152.851.418.4%
Bolivia58.465.236.645.5-8.0%
Nicaragua2.111.321.020.5113.7%
Panama5.650.210.918.749.5%
Chile8.740.011.016.824.5%
Others40.737.020.324.1-16.0%
Total4905555135342.9%

Top Export Markets for Electrical Insulators of Any Material from Peru in 2022:

  1. Colombia (26.7K units)
  2. Dominican Republic (7.4K units)
  3. Ecuador (7.0K units)
  4. Brazil (3.6K units)
  5. Nicaragua (2.5K units)
  6. Panama (2.0K units)
  7. Chile (1.3K units)
  8. Bolivia (0.8K units)

Source: IndexBox Market Intelligence Platform

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