Price for Milking Machines and Dairy Machinery in Peru - 2021

Contents:

  1. Price for Milking Machines and Dairy Machinery in Peru (CIF) - 2021
  2. Price for Milking Machines and Dairy Machinery in Peru (FOB) - 2022
  3. Imports of Milking Machines and Dairy Machinery in Peru
  4. Exports of Milking Machines and Dairy Machinery in Peru

Price for Milking Machines and Dairy Machinery in Peru (CIF) - 2021

In April 2020, the average import price for milking machines and dairy machineries amounted to $4,504 per unit, picking up by 314% against the previous month. Over the period under review, the import price, however, continues to indicate a deep setback. Over the period under review, average import prices attained the maximum at $5,510 per unit in January 2020; afterwards, it flattened through to April 2020.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($27,902 per unit), while the price for Turkey ($884 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 UK (+296.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Milking Machines and Dairy Machinery in Peru (FOB) - 2022

The average export price for milking machines and dairy machineries stood at $5,020 per unit in 2022, surging by 11% against the previous year. Over the period under review, the export price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2018 an increase of 152%. The export price peaked at $8,988 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +57.5% per year.

Imports of Milking Machines and Dairy Machinery in Peru

In 2022, after two years of decline, there was growth in supplies from abroad of milking machines and dairy machineries, when their volume increased by 1.4% to 914 units. In general, imports, however, showed a perceptible curtailment. Over the period under review, imports reached the maximum at 1K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, milking machines and dairy machinery imports declined to $3.2M in 2022. Overall, imports, however, showed a perceptible setback. The growth pace was the most rapid in 2021 when imports increased by 19%. Over the period under review, imports reached the peak figure at $3.6M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Milking Machines and Dairy Machinery in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,2024431,069973-6.8%
Italy15820442038234.2%
Turkey438314341327-9.3%
Germany442379218310-11.2%
Spain10275648.727138.5%
Argentina339115137176-19.6%
France146134158144-0.5%
Poland54.716.315514137.1%
Sweden11123.91331223.2%
China19055.387.899.5-19.4%
Brazil56.518372.693.218.2%
Portugal171N/A438N/A60.0%
Others1733232381923.5%
Total3,5822,9463,5153,230-3.4%

Top Suppliers of Milking Machines and Dairy Machinery to Peru in 2022:

  1. Turkey (392.0 units)
  2. United States (134.0 units)
  3. Germany (62.0 units)
  4. Brazil (51.0 units)
  5. China (51.0 units)
  6. France (45.0 units)
  7. Poland (37.0 units)
  8. Spain (37.0 units)
  9. Sweden (34.0 units)
  10. Argentina (30.0 units)
  11. Italy (18.0 units)

Exports of Milking Machines and Dairy Machinery in Peru

In 2022, after three years of growth, there was significant decline in shipments abroad of milking machines and dairy machineries, when their volume decreased by -41.7% to 7 units. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 500% against the previous year. As a result, the exports attained the peak of 12 units, and then dropped markedly in the following year.

In value terms, milking machines and dairy machinery exports plummeted to $35K in 2022. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 244% against the previous year. As a result, the exports reached the peak of $54K, and then contracted dramatically in the following year.

Export of Milking Machines and Dairy Machinery in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina14.52.913.435.134.3%
SpainN/AN/AN/AN/A0%
Cote d'IvoireN/AN/A39.0N/A0%
Costa RicaN/A12.9N/AN/A0%
OthersN/AN/A2.1N/A0%
Total14.515.854.435.134.3%

Top Export Markets for Milking Machines and Dairy Machinery from Peru in 2022:

  1. Argentina (7.0 units)

Source: IndexBox Market Intelligence Platform

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