Report Update: Apr 1, 2024

Peru - Table, Kitchen Or Household Articles And Parts Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights

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Price for Stainless Steel Household Articles in Peru - 2021

Price for Stainless Steel Household Articles in Peru (CIF) - 2022

The average stainless steel household articles import price stood at $3 per unit in 2022, falling by -7.1% against the previous year. Overall, the import price recorded a slight descent. The most prominent rate of growth was recorded in 2021 an increase of 41% against the previous year. The import price peaked at $4.4 per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 Brazil ($4.7 per unit), while the price for China ($2.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.0%), while the prices for the other major suppliers experienced a decline.

Price for Stainless Steel Household Articles in Peru (FOB) - 2021

In March 2020, the average stainless steel household articles export price amounted to $11.1 per unit, reducing by -8.3% against the previous month. Overall, the export price continues to indicate a slight slump. The growth pace was the most rapid in February 2020 an increase of 6.9% month-to-month. As a result, the export price reached the peak level of $12.2 per unit, and then shrank in the following month.

Average prices varied noticeably for the major foreign markets. In March 2020, the country with the highest price was Brazil ($11.4 per unit), while the average price for exports to Colombia ($10.9 per unit) was amongst the lowest.

From January 2020 to March 2020, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+1.7%), while the prices for the other major destinations experienced a decline.

Imports of Stainless Steel Household Articles in Peru

In 2022, supplies from abroad of table, kitchen or household articles and parts of stainless steel decreased by -11.7% to 11M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 11%. As a result, imports attained the peak of 13M units, and then shrank in the following year.

In value terms, stainless steel household articles imports fell remarkably to $34M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.5% 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 +28.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. As a result, imports attained the peak of $41M, and then reduced rapidly in the following year.

Import of Stainless Steel Household Articles in Peru (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	23.1	22.9	33.5	28.6	7.4%
Brazil	1.2	0.7	2.1	1.2	0.0%
India	1.7	1.1	1.3	0.8	-22.2%
Others	2.7	1.7	4.3	3.1	4.7%
Total	28.7	26.4	41.1	33.7	5.5%

Top Suppliers of Stainless Steel Household Articles to Peru in 2022:

China (10.2M units)
Brazil (0.3M units)
India (0.2M units)

Exports of Stainless Steel Household Articles in Peru

In 2022, shipments abroad of table, kitchen or household articles and parts of stainless steel decreased by -14.5% to 855K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 102% against the previous year. The exports peaked at 1M units in 2021, and then dropped in the following year.

In value terms, stainless steel household articles exports reduced to $8.7M in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 90%. The exports peaked at $10M in 2021, and then shrank in the following year.

Export of Stainless Steel Household Articles in Peru (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	0.1	0.7	3.1	3.0	210.7%
Colombia	0.8	3.5	3.4	2.7	50.0%
Ecuador	0.9	1.4	2.9	2.4	38.7%
Brazil	1.5	1.3	0.4	0.3	-41.5%
Nicaragua	N/A	0.1	N/A	N/A	0%
Others	0.4	0.3	0.3	0.3	-9.1%
Total	3.8	7.2	10.1	8.7	31.8%

Top Export Markets for Stainless Steel Household Articles from Peru in 2022:

Argentina (292.4K units)
Colombia (267.6K units)
Ecuador (229.8K units)
Brazil (20.4K units)
Nicaragua (19.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for stainless steel household articles 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 25991225 - Table, kitchen or household articles and parts thereof of stainless steel (excluding cutlery)

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023