Peru - Mechanical Shovels, Excavators And Shovel Loaders - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Mechanical Shovel and Excavator in Peru - 2021
Contents:
- Price for Mechanical Shovel and Excavator in Peru (CIF) - 2021
- Price for Mechanical Shovel and Excavator in Peru (FOB) - 2021
- Imports of Mechanical Shovel and Excavator in Peru
- Exports of Mechanical Shovel and Excavator in Peru
Price for Mechanical Shovel and Excavator in Peru (CIF) - 2021
In April 2020, the average mechanical shovel and excavator import price amounted to $26,555 per unit, shrinking by -6.3% against the previous month. Over the period under review, the import price, however, posted a remarkable increase. The most prominent rate of growth was recorded in March 2020 when the average import price increased by 86% month-to-month. As a result, import price reached the peak level of $28,335 per unit, and then dropped in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($38,299 per unit), while the price for Sweden ($5,128 per unit) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by the United States (+42.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mechanical Shovel and Excavator in Peru (FOB) - 2021
The average mechanical shovel and excavator export price stood at $25,145 per unit in April 2020, growing by 169% against the previous month. Overall, the export price showed a significant expansion. The pace of growth appeared the most rapid in February 2020 an increase of 703% m-o-m. As a result, the export price reached the peak level of $46,288 per unit; afterwards, it flattened through to April 2020.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($241K per unit), while the average price for exports to Brazil stood at $21,290 per unit.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+848.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mechanical Shovel and Excavator in Peru
In 2022, the amount of mechanical shovels, excavators and shovel loaders imported into Peru contracted sharply to 4.3K units, shrinking by -24.3% on the previous year's figure. Over the period under review, imports, however, recorded strong growth. The growth pace was the most rapid in 2021 when imports increased by 111%. As a result, imports attained the peak of 5.7K units, and then dropped remarkably in the following year.
In value terms, mechanical shovel and excavator imports reduced markedly to $374M in 2022. Overall, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 101%. As a result, imports attained the peak of $500M, and then contracted sharply in the following year.
| Import of Mechanical Shovel and Excavator in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 48.5 | 44.6 | 105 | 86.3 | 21.2% |
| United States | 82.7 | 96.4 | 116 | 74.4 | -3.5% |
| South Korea | 31.3 | 24.2 | 42.9 | 49.3 | 16.4% |
| Brazil | 36.4 | 27.7 | 52.0 | 37.7 | 1.2% |
| Japan | 6.5 | 7.5 | 31.3 | 37.0 | 78.6% |
| Netherlands | 2.1 | 4.8 | 7.0 | 5.0 | 33.5% |
| Germany | 13.5 | 4.1 | 5.9 | 4.7 | -29.7% |
| India | 0.7 | 0.9 | 5.0 | 4.6 | 87.3% |
| Italy | 11.1 | 6.2 | 12.4 | 4.2 | -27.7% |
| Turkey | 2.1 | 1.2 | 3.4 | 3.9 | 22.9% |
| Belgium | 2.4 | 3.6 | 12.1 | 2.7 | 4.0% |
| Thailand | 14.1 | 5.3 | 18.4 | 0.3 | -72.3% |
| Others | 23.5 | 22.1 | 88.6 | 64.4 | 39.9% |
| Total | 275 | 249 | 500 | 374 | 10.8% |
Top Suppliers of Mechanical Shovel and Excavator to Peru in 2022:
- United States (1302.0 units)
- China (794.0 units)
- Japan (443.0 units)
- South Korea (355.0 units)
- Brazil (162.0 units)
- Turkey (71.0 units)
- India (66.0 units)
- Netherlands (65.0 units)
- Germany (61.0 units)
- Italy (52.0 units)
- Belgium (30.0 units)
- Thailand (2.0 units)
Exports of Mechanical Shovel and Excavator in Peru
After three years of growth, shipments abroad of mechanical shovels, excavators and shovel loaders decreased by -24.5% to 151 units in 2022. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 75%. The exports peaked at 200 units in 2021, and then fell remarkably in the following year.
In value terms, mechanical shovel and excavator exports contracted to $9M in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 89%. The exports peaked at $11M in 2021, and then contracted in the following year.
| Export of Mechanical Shovel and Excavator in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 759 | 816 | 219 | 2,223 | 43.1% |
| United States | 37.1 | 1,757 | 570 | 1,194 | 218.1% |
| Nicaragua | N/A | N/A | N/A | 1,178 | 0% |
| France | N/A | N/A | N/A | 1,012 | 0% |
| Mexico | 182 | 502 | 346 | 697 | 56.5% |
| Chile | 143 | 2,268 | 417 | 475 | 49.2% |
| Turkey | N/A | N/A | N/A | 436 | 0% |
| Colombia | 507 | 662 | 3,666 | 341 | -12.4% |
| Ecuador | 213 | 102 | 433 | 310 | 13.3% |
| Central African Republic | N/A | N/A | 3.8 | N/A | 0% |
| Italy | 1,286 | N/A | N/A | N/A | 0% |
| Others | 837 | 1,399 | 4,862 | 1,145 | 11.0% |
| Total | 3,964 | 7,505 | 10,517 | 9,011 | 31.5% |
Top Export Markets for Mechanical Shovel and Excavator from Peru in 2022:
- Bolivia (30.0 units)
- Turkey (22.0 units)
- Nicaragua (21.0 units)
- United States (18.0 units)
- France (11.0 units)
- Colombia (10.0 units)
- Mexico (10.0 units)
- Chile (9.0 units)
- Ecuador (5.0 units)
This report provides an in-depth analysis of the market for mechanical shovel and excavator 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 28922530 - Loaders specially designed for underground use
- Prodcom 28922550 - Wheeled loaders, crawler shovel loaders, front-end loaders
- Prodcom 28922600 - Self-propelled bulldozers... with a .360
- Prodcom 28922730 - Self-propelled bulldozers, excavators..., n.e.c.
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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