Peru - Solar Cells and Light-Emitting Diodes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Solar Cells and Light-Emitting Diodes in Peru - 2021
Contents:
- Price for Solar Cells and Light-Emitting Diodes in Peru (CIF) - 2022
- Price for Solar Cells and Light-Emitting Diodes in Peru (FOB) - 2022
- Imports of Solar Cells and Light-Emitting Diodes in Peru
- Exports of Solar Cells and Light-Emitting Diodes in Peru
Price for Solar Cells and Light-Emitting Diodes in Peru (CIF) - 2022
The average import price for solar cells and light-emitting diodes stood at $5.4 per unit in 2022, increasing by 5.2% against the previous year. Over the period under review, the import price, however, showed a drastic downturn. The growth pace was the most rapid in 2019 an increase of 14% against the previous year. The import price peaked at $15 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Spain ($25 per unit), while the price for Panama ($3.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.4%), while the prices for the other major suppliers experienced a decline.
Price for Solar Cells and Light-Emitting Diodes in Peru (FOB) - 2022
The average export price for solar cells and light-emitting diodes stood at $6.5 per unit in 2022, flattening at the previous year. Over the period under review, the export price, however, faced a precipitous descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices reached the peak figure at $101 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($8.1 per unit), while the average price for exports to Ecuador ($2.3 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 Hong Kong SAR (-11.6%), while the prices for the other major destinations experienced a decline.
Imports of Solar Cells and Light-Emitting Diodes in Peru
Solar cells and light-emitting diodes imports into Peru shrank to 2.4M units in 2022, waning by -9% compared with the year before. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. As a result, imports reached the peak of 2.7M units, and then contracted in the following year.
In value terms, solar cells and light-emitting diodes imports reduced modestly to $13M in 2022. Overall, imports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2021 when imports increased by 9.4% against the previous year. Over the period under review, imports attained the maximum at $15M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Solar Cells and Light-Emitting Diodes in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.4 | 11.1 | 10.4 | 9.9 | -9.6% |
| Denmark | N/A | N/A | 1.6 | 1.5 | -6.3% |
| Italy | 0.2 | 0.2 | 0.4 | 0.3 | 14.5% |
| Panama | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Others | 1.2 | 1.0 | 1.3 | 1.3 | 2.7% |
| Total | 14.9 | 12.5 | 13.7 | 13.1 | -4.2% |
Top Suppliers of Solar Cells and Light-Emitting Diodes to Peru in 2022:
- China (2198.1K units)
- Denmark (91.4K units)
- Italy (69.6K units)
- Panama (38.0K units)
Exports of Solar Cells and Light-Emitting Diodes in Peru
In 2022, exports of solar cells and light-emitting diodes from Peru dropped sharply to 1.4K units, shrinking by -43.3% against the year before. In general, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 654%. Over the period under review, the exports hit record highs at 3.8K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, solar cells and light-emitting diodes exports dropped rapidly to $9K in 2022. Over the period under review, exports faced a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 588% against the previous year. The exports peaked at $29K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Solar Cells and Light-Emitting Diodes in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 0.8 | 1.4 | 13.6 | 7.8 | 113.6% |
| Colombia | 5.7 | 0.3 | 0.5 | 0.5 | -55.6% |
| Ecuador | 9.9 | 0.2 | 0.1 | 0.4 | -65.7% |
| Bolivia | 0.6 | 0.3 | 0.1 | 0.2 | -30.7% |
| United States | 3.7 | 0.1 | 0.1 | 0.2 | -62.2% |
| Honduras | 1.3 | N/A | N/A | N/A | 0% |
| Others | 7.3 | 0.1 | 1.4 | N/A | -56.2% |
| Total | 29.2 | 2.3 | 15.8 | 9.0 | -32.5% |
Top Export Markets for Solar Cells and Light-Emitting Diodes from Peru in 2022:
- Chile (964.0 units)
- Colombia (172.0 units)
- Ecuador (171.0 units)
- Bolivia (73.0 units)
- United States (16.0 units)
This report provides an in-depth analysis of the market for solar cells and light-emitting diodes 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 26112220 - Semiconductor light emitting diodes (LEDs)
- Prodcom 26112240 - Photosensitive semiconductor devices, solar cells, photodiodes, p hoto-transistors, etc.
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.
-
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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