Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Peru - 2022

Contents:

  1. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Peru (CIF) - 2022
  2. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Peru (FOB) - 2022
  3. Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Peru
  4. Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Peru

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Peru (CIF) - 2022

In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $137 per unit, with a decrease of -20.9% against the previous year. Overall, the import price, however, enjoyed mild growth. The pace of growth was the most pronounced in 2019 an increase of 53% against the previous year. Over the period under review, average import prices attained the maximum at $182 per unit in 2020; however, from 2021 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 ($858 per unit), while the price for China ($103 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Peru (FOB) - 2022

In 2022, the average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $17 per unit, waning by -95.4% against the previous year. Overall, the export price continues to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 70%. As a result, the export price reached the peak level of $845 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +26.8% per year.

Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Peru

In 2022, the amount of heaters; instantaneous or storage water heaters, non-electric, other than gasses imported into Peru surged to 34K units, rising by 45% against the year before. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses rose notably to $4.6M in 2022. The total import value increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5341,9052,0322,79522.1%
United States8003664718963.8%
Mexico25630734963735.5%
Brazil48.343.930.115848.4%
Israel61.256.341.267.43.3%
Others9151,4201,09663.9-58.8%
Total3,6154,0994,0194,6178.5%

Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Peru in 2022:

  1. China (27.1K units)
  2. Mexico (3.5K units)
  3. Brazil (1.4K units)
  4. United States (1.0K units)
  5. Israel (0.6K units)

Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Peru

In 2022, approx. 1 units of heaters; instantaneous or storage water heaters, non-electric, other than gasses were exported from Peru; reducing by -98.5% on 2021 figures. Overall, exports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 450% against the previous year. As a result, the exports reached the peak of 66 units, and then contracted significantly in the following year.

In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses fell remarkably to $17 in 2022. Over the period under review, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 264% against the previous year. As a result, the exports reached the peak of $24K, and then shrank rapidly in the following year.

Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador3.8N/A2.6N/A-17.3%
Chile1.90.20.3N/A-60.3%
United States5.62.77.1N/A12.6%
Panama4.43.312.8N/A70.6%
CanadaN/AN/A1.0N/A0%
Others2.30.30.3N/A-63.9%
Total18.16.624.2N/A15.6%

Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Peru in 2022:

  1. Chile (1.0 units)

Source: IndexBox Market Intelligence Platform

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