Peru - Steering Wheels, Steering Columns And Steering Boxes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Steering Wheels and Columns in Peru - 2021
Contents:
- Price for Steering Wheels and Columns in Peru (CIF) - 2021
- Price for Steering Wheels and Columns in Peru (FOB) - 2022
- Imports of Steering Wheels and Columns in Peru
- Exports of Steering Wheels and Columns in Peru
Price for Steering Wheels and Columns in Peru (CIF) - 2021
The average steering wheels and columns import price stood at $7,288 per ton in April 2020, with a decrease of -61.2% against the previous month. Overall, the import price faced a sharp contraction. The most prominent rate of growth was recorded in March 2020 when the average import price increased by 28% month-to-month. As a result, import price reached the peak level of $18,775 per ton, and then declined significantly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In April 2020, the country with the highest price was the United States ($44,543 per ton), while the price for India ($2,804 per ton) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Japan (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steering Wheels and Columns in Peru (FOB) - 2022
The average steering wheels and columns export price stood at $16,246 per ton in 2022, with an increase of 6.5% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 75%. As a result, the export price attained the peak level of $24,317 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($29,101 per ton), while the average price for exports to Belgium ($10,728 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+85.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steering Wheels and Columns in Peru
In 2022, steering wheels and columns imports into Peru contracted notably to 958 tons, declining by -27.4% on 2021 figures. Over the period under review, imports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 122% against the previous year. As a result, imports reached the peak of 1.3K tons, and then shrank rapidly in the following year.
In value terms, steering wheels and columns imports fell markedly to $8M in 2022. In general, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 94%. As a result, imports reached the peak of $11M, and then reduced notably in the following year.
| Import of Steering Wheels and Columns in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.1 | 2.2 | 5.7 | 3.8 | 7.0% |
| United States | 3.2 | 1.0 | 1.7 | 1.9 | -16.0% |
| Brazil | 0.8 | 0.5 | 0.8 | 0.7 | -4.4% |
| South Korea | 0.2 | 0.2 | 0.4 | 0.2 | 0.0% |
| India | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Others | 2.1 | 1.4 | 1.8 | 1.3 | -14.8% |
| Total | 9.5 | 5.5 | 10.6 | 8.0 | -5.6% |
Top Suppliers of Steering Wheels and Columns to Peru in 2022:
- China (719.8 tons)
- United States (115.9 tons)
- Brazil (33.1 tons)
- South Korea (22.6 tons)
- India (17.4 tons)
Exports of Steering Wheels and Columns in Peru
Steering wheels and columns exports from Peru declined dramatically to 3 tons in 2022, shrinking by -35.3% against the previous year. Over the period under review, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 224%. As a result, the exports reached the peak of 4.7 tons, and then shrank dramatically in the following year.
In value terms, steering wheels and columns exports contracted rapidly to $49K in 2022. Overall, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 164%. As a result, the exports attained the peak of $71K, and then reduced dramatically in the following year.
| Export of Steering Wheels and Columns in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | N/A | N/A | N/A | 22.1 | 0% |
| Belgium | N/A | 5.2 | 8.8 | 10.0 | 38.7% |
| Chile | 12.5 | 11.0 | 47.2 | 4.5 | -28.9% |
| New Zealand | N/A | N/A | N/A | 0.7 | 0% |
| Bolivia | 1.3 | N/A | N/A | 0.1 | -57.5% |
| Nicaragua | 1.6 | 3.9 | 0.6 | N/A | -38.8% |
| Colombia | 12.6 | N/A | 2.0 | N/A | -60.2% |
| Others | 7.4 | 7.1 | 12.9 | 11.8 | 16.8% |
| Total | 35.4 | 27.1 | 71.5 | 49.3 | 11.7% |
Top Export Markets for Steering Wheels and Columns from Peru in 2022:
- Belgium (936.0 kg)
- Panama (759.0 kg)
- Chile (280.0 kg)
- New Zealand (47.0 kg)
- Bolivia (8.0 kg)
This report provides an in-depth analysis of the market for steering wheels and columns 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 29323067 - Steering wheels, steering columns and steering boxes, parts thereof
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
-
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
-
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
-
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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