Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Peru - 2022
Contents:
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Peru (CIF) - 2022
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Peru (FOB) - 2022
- Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Peru
- Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Peru
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Peru (CIF) - 2022
The average import price for refrigerating or freezing equipment; parts thereof, other than furniture stood at $46 per unit in 2022, growing by 24% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for refrigerating or freezing equipment; parts thereof, other than furniture increased by +47.8% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Brazil ($80 per unit), while the price for Ecuador ($30 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Peru (FOB) - 2022
In 2022, the average export price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $32 per unit, reducing by -35.7% against the previous year. Over the period under review, the export price, however, continues to indicate a notable increase. The most prominent rate of growth was recorded in 2017 an increase of 32% against the previous year. The export price peaked at $67 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($78 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 Brazil (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Peru
In 2022, imports of refrigerating or freezing equipment; parts thereof, other than furniture into Peru contracted to 810K units, falling by -7% against the previous year's figure. Over the period under review, imports recorded a noticeable decline. The growth pace was the most rapid in 2021 when imports increased by 26%. Over the period under review, imports of reached the maximum at 905K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture soared to $37M in 2022. In general, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +3.9% 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 +59.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.3 | 10.1 | 15.8 | 16.6 | 5.1% |
| United States | 5.3 | 3.3 | 2.2 | 3.5 | -12.9% |
| Mexico | 2.0 | 1.4 | 1.7 | 3.3 | 18.2% |
| Spain | 1.3 | 1.2 | 2.5 | 2.4 | 22.7% |
| Italy | 2.6 | 1.9 | 2.2 | 2.1 | -6.9% |
| Brazil | 2.7 | 1.5 | 2.9 | 2.0 | -9.5% |
| Chile | 0.8 | 0.9 | 0.5 | 1.5 | 23.3% |
| Belgium | N/A | N/A | N/A | 1.5 | 0% |
| Argentina | 1.1 | 0.6 | 1.4 | 1.3 | 5.7% |
| Others | 3.3 | 2.5 | 3.2 | 3.3 | 0.0% |
| Total | 33.4 | 23.4 | 32.4 | 37.4 | 3.8% |
Top Suppliers of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture to Peru in 2022:
- China (477.9K units)
- United States (59.7K units)
- Mexico (54.0K units)
- Spain (46.1K units)
- Italy (30.3K units)
- Brazil (24.6K units)
- Belgium (24.3K units)
- Chile (23.0K units)
- Argentina (19.7K units)
Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Peru
For the fourth year in a row, Peru recorded growth in overseas shipments of refrigerating or freezing equipment; parts thereof, other than furniture, which increased by 44% to 12K units in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 65% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture dropped to $402K in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 61%. As a result, the exports attained the peak of $434K, and then contracted in the following year.
| Export of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 58.6 | 92.6 | 344 | 302 | 72.7% |
| Colombia | 13.0 | 74.8 | 5.7 | 29.0 | 30.7% |
| Venezuela | N/A | 9.7 | N/A | 28.7 | 72.0% |
| Panama | N/A | 6.5 | 28.0 | 12.5 | 38.7% |
| Free Zones | 90.4 | 19.2 | 8.7 | 5.2 | -61.4% |
| Chile | 13.4 | 56.6 | 5.5 | 0.6 | -64.5% |
| Others | 43.6 | 10.9 | 41.9 | 23.6 | -18.5% |
| Total | 219 | 270 | 434 | 402 | 22.4% |
Top Export Markets for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture from Peru in 2022:
- Ecuador (10.6K units)
- Colombia (0.5K units)
- Panama (0.5K units)
- Venezuela (0.4K units)
- Free Zones (0.1K units)
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