Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Peru - 2022
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Peru (CIF) - 2022
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Peru (FOB) - 2022
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Peru
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Peru
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Peru (CIF) - 2022
The average import price for furniture; wooden, other than for office, kitchen or bedroom use stood at $33 per unit in 2022, rising by 21% against the previous year. Overall, the import price, however, recorded a abrupt downturn. Over the period under review, average import prices hit record highs at $64 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($45 per unit), while the price for China ($23 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Peru (FOB) - 2022
In 2022, the average export price for furniture; wooden, other than for office, kitchen or bedroom use amounted to $80 per unit, with an increase of 9.8% against the previous year. Overall, the export price, however, saw a deep slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 27%. Over the period under review, the average export prices hit record highs at $156 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($488 per unit), while the average price for exports to Chile ($13 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 United States (-0.7%), while the prices for the other major destinations experienced a decline.
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Peru
In 2022, imports of furniture; wooden, other than for office, kitchen or bedroom use into Peru shrank rapidly to 689K units, reducing by -40.1% against the previous year. In general, imports continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2021 when imports increased by 107% against the previous year. As a result, imports reached the peak of 1.1M units, and then shrank sharply in the following year.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use declined rapidly to $23M in 2022. Overall, imports, however, continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 102% against the previous year. As a result, imports attained the peak of $31M, and then contracted markedly in the following year.
| Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.8 | 3.8 | 10.6 | 7.8 | 10.4% |
| Brazil | 7.6 | 7.2 | 13.7 | 7.3 | -1.3% |
| Malaysia | 2.4 | 0.9 | 1.5 | 1.5 | -14.5% |
| Colombia | 0.5 | 0.7 | 1.5 | 1.2 | 33.9% |
| Vietnam | 0.8 | 0.5 | 0.6 | 0.7 | -4.4% |
| Others | 4.2 | 2.4 | 3.4 | 4.1 | -0.8% |
| Total | 21.2 | 15.5 | 31.4 | 22.7 | 2.3% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Peru in 2022:
- China (333.4K units)
- Brazil (223.2K units)
- Malaysia (65.0K units)
- Colombia (27.0K units)
- Vietnam (16.6K units)
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Peru
In 2022, the amount of furniture; wooden, other than for office, kitchen or bedroom use exported from Peru surged to 43K units, jumping by 54% compared with the previous year's figure. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use surged to $3.5M in 2022. Overall, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,065 | 1,370 | 1,382 | 2,164 | 1.6% |
| Aruba | 13.4 | N/A | 0.5 | 419 | 215.0% |
| Chile | 210 | 30.6 | 317 | 328 | 16.0% |
| Italy | 225 | 227 | 222 | 227 | 0.3% |
| Ecuador | 4.8 | 87.6 | 0.1 | 172 | 229.7% |
| Panama | 88.0 | 41.2 | 25.8 | 26.8 | -32.7% |
| Honduras | 6.1 | 7.0 | 30.4 | 14.9 | 34.7% |
| Others | 57.7 | 95.8 | 72.4 | 119 | 27.3% |
| Total | 2,670 | 1,860 | 2,049 | 3,471 | 9.1% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Peru in 2022:
- Chile (25.5K units)
- United States (11.0K units)
- Aruba (2.5K units)
- Ecuador (2.2K units)
- Honduras (0.7K units)
- Italy (0.5K units)
- Panama (0.2K units)
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