Peru - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpark Plug Price in Peru - 2021
Contents:
- Spark Plug Price in Peru (CIF) - 2021
- Spark Plug Price in Peru (FOB) - 2022
- Spark Plug Imports in Peru
- Spark Plug Exports in Peru
Spark Plug Price in Peru (CIF) - 2021
In April 2020, the average spark plug import price amounted to $6.1 per unit, growing by 2.5% against the previous month. Over the period under review, the import price, however, saw a perceptible descent. Over the period under review, average import prices hit record highs at $6.5 per unit in January 2020; however, from February 2020 to April 2020, import prices stood at a somewhat lower figure.
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 ($16.1 per unit), while the price for India ($2.4 per unit) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Russia (+67.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Spark Plug Price in Peru (FOB) - 2022
The average spark plug export price stood at $1.6 per unit in 2022, shrinking by -38% against the previous year. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in 2013 an increase of 60%. As a result, the export price reached the peak level of $6.9 per unit. From 2014 to 2022, the average 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 Bolivia ($4.9 per unit), while the average price for exports to Chile ($1.2 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 Bolivia (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.
Spark Plug Imports in Peru
Spark plug imports into Peru dropped to 7.1M units in 2022, which is down by -12.3% against 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of 8.1M units, and then shrank in the following year.
In value terms, spark plug imports dropped to $9.1M in 2022. Overall, imports showed a noticeable shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of $11M, and then dropped in the following year.
| Import of Spark Plug in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 3.2 | 3.1 | 3.8 | 3.2 | 0.0% |
| Japan | 2.0 | 1.3 | 2.0 | 1.7 | -5.3% |
| China | 0.6 | 0.5 | 1.0 | 0.8 | 10.1% |
| India | 0.4 | 0.4 | 0.7 | 0.6 | 14.5% |
| Germany | 0.4 | 0.3 | 0.7 | 0.6 | 14.5% |
| Indonesia | 0.6 | 0.4 | 0.5 | 0.4 | -12.6% |
| South Korea | 0.6 | 0.4 | 0.5 | 0.4 | -12.6% |
| Russia | 0.6 | 0.4 | 0.3 | 0.3 | -20.6% |
| Others | 1.1 | 0.9 | 1.1 | 1.0 | -3.1% |
| Total | 9.7 | 7.6 | 10.5 | 9.1 | -2.1% |
Top Suppliers of Spark Plug to Peru in 2022:
- Brazil (3291.1K units)
- China (1038.5K units)
- Japan (681.5K units)
- India (576.1K units)
- Indonesia (440.2K units)
- Russia (287.5K units)
- Germany (250.3K units)
- South Korea (189.2K units)
Spark Plug Exports in Peru
In 2022, exports of sparking plugs from Peru totaled 34K units, growing by 11% on 2021. Over the period under review, exports saw a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by 273%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, spark plug exports declined sharply to $54K in 2022. In general, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 161%. As a result, the exports attained the peak of $78K, and then shrank sharply in the following year.
| Export of Spark Plug in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 39.7 | 12.0 | 49.9 | 33.8 | -5.2% |
| Colombia | 0.4 | 12.7 | 2.0 | 7.0 | 159.6% |
| Guyana | 9.2 | 3.2 | 7.7 | 5.4 | -16.3% |
| Bolivia | 5.2 | 0.7 | 4.6 | 3.1 | -15.8% |
| Others | 14.7 | 1.5 | 14.3 | 5.1 | -29.7% |
| Total | 69.1 | 30.1 | 78.5 | 54.3 | -7.7% |
Top Export Markets for Spark Plug from Peru in 2022:
- Chile (28.8K units)
- Colombia (2.4K units)
- Guyana (1.2K units)
- Bolivia (0.6K units)
This report provides an in-depth analysis of the spark plug market 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 29312130 - Sparking plugs
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.
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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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