Price for Reciprocating or Rotary Internal Combustion Piston Engines in Peru - 2022

Contents:

  1. Price for Reciprocating or Rotary Internal Combustion Piston Engines in Peru (CIF) - 2022
  2. Price for Reciprocating or Rotary Internal Combustion Piston Engines in Peru (FOB) - 2022
  3. Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Peru
  4. Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Peru

Price for Reciprocating or Rotary Internal Combustion Piston Engines in Peru (CIF) - 2022

In 2022, the average import price for reciprocating or rotary internal combustion piston engineses amounted to $316 per unit, rising by 95% against the previous year. Over the period under review, the import price posted a slight increase. Over the period under review, average import prices reached the peak figure at $325 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($2,800 per unit), while the price for China ($140 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Reciprocating or Rotary Internal Combustion Piston Engines in Peru (FOB) - 2022

The average export price for reciprocating or rotary internal combustion piston engineses stood at $1,094 per unit in 2022, rising by 11% against the previous year. Overall, the export price enjoyed a mild increase. The pace of growth was the most pronounced in 2016 an increase of 117%. As a result, the export price attained the peak level of $3,140 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 Turkey ($14,894 per unit), while the average price for exports to Colombia ($141 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 Bolivia (+4.8%), while the prices for the other major destinations experienced a decline.

Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Peru

In 2022, imports of reciprocating or rotary internal combustion piston engineses into Peru reduced sharply to 281K units, waning by -25.2% against the previous year's figure. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of 376K units, and then dropped remarkably in the following year.

In value terms, imports of reciprocating or rotary internal combustion piston engineses declined to $58M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.2% 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 +58.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 68%. As a result, imports attained the peak of $61M, and then contracted in the following year.

Import of Reciprocating or Rotary Internal Combustion Piston Engines in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.725.948.137.510.6%
Japan13.46.38.113.81.0%
Others7.04.24.96.4-2.9%
Total48.236.461.157.86.2%

Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Peru in 2022:

  1. China (268.9K units)
  2. Japan (4.9K units)

Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Peru

In 2022, exports of reciprocating or rotary internal combustion piston engineses from Peru shrank remarkably to 522 units, dropping by -65.9% on the previous year's figure. In general, exports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 1,059%. As a result, the exports attained the peak of 1.5K units, and then dropped rapidly in the following year.

In value terms, exports of reciprocating or rotary internal combustion piston engineses reduced markedly to $1.5M in 2022. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,702%. As a result, the exports reached the peak of $2.1M, and then dropped rapidly in the following year.

Export of Reciprocating or Rotary Internal Combustion Piston Engines in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A7000%
United States39.347.962.2524137.1%
Chile2.19.312.0175336.8%
Ecuador0.32.664.827.5350.9%
Colombia40.712.66.922.5-17.9%
Bolivia15.5N/A3.910.7-11.6%
RussiaN/AN/A1,804N/A0%
Panama87.2N/A2.5N/A-83.1%
Brazil18837.8N/AN/A-79.9%
Others1786.614929.3-45.2%
Total5511172,1051,48939.3%

Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Peru in 2022:

  1. Colombia (160.0 units)
  2. Ecuador (120.0 units)
  3. Chile (110.0 units)
  4. United States (63.0 units)
  5. Turkey (47.0 units)
  6. Bolivia (11.0 units)

Source: IndexBox Market Intelligence Platform

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