Pumps; Parts Thereof Price in Peru - 2021

Contents:

  1. Pumps; Parts Thereof Price in Peru (CIF) - 2021
  2. Pumps; Parts Thereof Price in Peru (FOB) - 2022
  3. Pumps; Parts Thereof Imports in Peru
  4. Pumps; Parts Thereof Exports in Peru

Pumps; Parts Thereof Price in Peru (CIF) - 2021

The average pumps; parts thereof import price stood at $15,676 per ton in April 2020, growing by 6.3% against the previous month. In general, import price indicated a slight expansion from January 2020 to April 2020: its price increased at an average monthly rate of +1.9% over the last three months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2020 figures, pumps; parts thereof import price decreased by -24.6% against February 2020 indices. The most prominent rate of growth was recorded in February 2020 an increase of 40% against the previous month. As a result, import price reached the peak level of $20,790 per ton. From March 2020 to April 2020, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In April 2020, the country with the highest price was the Netherlands ($68,490 per ton), while the price for Chile ($7,974 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 the Netherlands (+33.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Pumps; Parts Thereof Price in Peru (FOB) - 2022

In 2022, the average pumps; parts thereof export price amounted to $13,485 per ton, reducing by -7.5% against the previous year. In general, the export price showed a pronounced decrease. The pace of growth appeared the most rapid in 2021 an increase of 8.4%. Over the period under review, the average export prices attained the peak figure at $19,093 per ton in 2014; however, from 2015 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 Canada ($34,556 per ton), while the average price for exports to the United States ($7,871 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 Canada (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Pumps; Parts Thereof Imports in Peru

In 2022, purchases abroad of pumps; parts thereoves was finally on the rise to reach 3.6K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a deep downturn.

In value terms, pumps; parts thereof imports rose rapidly to $75M in 2022. In general, imports, however, recorded a abrupt decrease.

Import of Pumps; Parts Thereof in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24.219.217.623.3-1.3%
Chile16.814.810.111.8-11.1%
China10.710.411.18.4-7.8%
Netherlands4.25.81.15.710.7%
Germany7.86.23.83.8-21.3%
Mexico3.23.85.13.53.0%
Italy2.92.03.33.34.4%
Brazil3.52.23.02.8-7.2%
United Kingdom2.22.81.91.0-23.1%
Australia1.41.10.70.3-40.2%
Others18.511.913.011.7-14.2%
Total95.580.370.675.5-7.5%

Top Suppliers of Pumps; Parts Thereof to Peru in 2022:

  1. Chile (1202.0 tons)
  2. China (836.1 tons)
  3. United States (764.9 tons)
  4. Netherlands (146.0 tons)
  5. Brazil (88.4 tons)
  6. Italy (77.7 tons)
  7. Mexico (60.7 tons)
  8. United Kingdom (53.5 tons)
  9. Germany (51.2 tons)
  10. Australia (22.7 tons)

Pumps; Parts Thereof Exports in Peru

In 2022, the amount of pumps; parts thereoves exported from Peru reduced to 375 tons, dropping by -4.8% on the year before. Overall, exports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year.

In value terms, pumps; parts thereof exports fell to $5.1M in 2022. Over the period under review, exports showed a slight reduction. The growth pace was the most rapid in 2021 when exports increased by 31% against the previous year. As a result, the exports attained the peak of $5.7M, and then declined in the following year.

Export of Pumps; Parts Thereof in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1,9541,7722,2971,621-6.0%
United States1,2289421,0851,3653.6%
Burkina Faso2562943893268.4%
Ecuador12418837426228.3%
Colombia236193278195-6.2%
Nicaragua15774.92161692.5%
China1576.94.2156-0.2%
Japan58.595.861.192.316.4%
Others1,0478091,037874-5.8%
Total5,2184,3765,7425,059-1.0%

Top Export Markets for Pumps; Parts Thereof from Peru in 2022:

  1. United States (173.4 tons)
  2. Switzerland (104.8 tons)
  3. China (16.6 tons)
  4. Burkina Faso (13.0 tons)
  5. Nicaragua (12.7 tons)
  6. Ecuador (10.1 tons)
  7. Japan (8.2 tons)
  8. Colombia (6.3 tons)

Source: IndexBox Market Intelligence Platform

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