Peru - Lead-Acid Accumulators For Starting Piston Engines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Peru - Lead-Acid Accumulators For Starting Piston Engines - Market Analysis, Forecast, Size, Trends And Insights

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Starter Battery Price in Peru - 2021

Contents:

  1. Starter Battery Price in Peru (CIF) - 2021
  2. Starter Battery Price in Peru (FOB) - 2021
  3. Starter Battery Imports in Peru
  4. Starter Battery Exports in Peru

Starter Battery Price in Peru (CIF) - 2021

The average starter battery import price stood at $52.4 per unit in April 2020, increasing by 6% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($84.1 per unit), while the price for Colombia ($40.7 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 the United States (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Starter Battery Price in Peru (FOB) - 2021

In April 2020, the average starter battery export price amounted to $38.5 per unit, picking up by 4.8% against the previous month. Over the last three-month period, it increased at an average monthly rate of +3.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In April 2020, the countries with the highest prices were Venezuela ($45.3 per unit) and Bolivia ($41.9 per unit), while the average price for exports to Chile ($35.0 per unit) and the United States ($41.0 per unit) were amongst the lowest.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.

Starter Battery Imports in Peru

In 2022, overseas purchases of lead-acid accumulators for starting piston engines decreased by -27.6% to 1.6M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.4% 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 +7.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of 2.2M units, and then dropped remarkably in the following year.

In value terms, starter battery imports dropped dramatically to $44M in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 33%. As a result, imports attained the peak of $54M, and then fell dramatically in the following year.

Import of Starter Battery in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia18.016.418.515.1-5.7%
South Korea11.97.910.49.3-7.9%
China4.24.99.67.521.3%
United States3.74.34.34.24.3%
Brazil1.91.83.62.915.1%
Indonesia0.30.81.81.881.7%
Thailand1.81.82.20.9-20.6%
Taiwan (Chinese)0.30.30.50.2-12.6%
Others1.72.22.62.412.2%
Total43.840.453.644.30.4%

Top Suppliers of Starter Battery to Peru in 2022:

  1. China (758.0K units)
  2. Colombia (361.3K units)
  3. South Korea (179.0K units)
  4. Indonesia (119.2K units)
  5. Thailand (89.0K units)
  6. Brazil (35.3K units)
  7. United States (29.6K units)
  8. Taiwan (Chinese) (17.8K units)

Starter Battery Exports in Peru

Starter battery exports from Peru declined to 434K units in 2022, reducing by -8.2% on the previous year's figure. In general, exports showed a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of 473K units, and then contracted in the following year.

In value terms, starter battery exports skyrocketed to $22M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Starter Battery in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.11.51.715.594.7%
Chile6.77.79.03.7-18.0%
Mexico2.91.91.30.6-40.9%
Venezuela1.31.21.70.6-22.7%
Bolivia0.30.30.30.518.6%
Panama0.8N/A0.10.1-50.0%
Others2.82.12.31.0-29.1%
Total17.014.716.322.09.0%

Top Export Markets for Starter Battery from Peru in 2022:

  1. United States (289.5K units)
  2. Chile (76.8K units)
  3. Mexico (18.9K units)
  4. Bolivia (13.0K units)
  5. Venezuela (11.4K units)
  6. Panama (1.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the starter battery 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 27202100 - Lead-acid accumulators for starting piston engines
  • Prodcom 27202110 -
  • Prodcom 27202120 -

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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