Peru: Market for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials 2024

Market Size for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials in Peru

The Peruvian market for belt type continuous-action elevators and conveyors for goods or materials fell notably to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Exports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Exports from Peru

In 2022, shipments abroad of belt type continuous-action elevators and conveyors for goods or materials increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of belt type continuous-action elevators and conveyors for goods or materials shrank markedly to $X in 2022. In general, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then declined significantly in the following year.

Exports by Country

Argentina (X units) was the main destination for exports of belt type continuous-action elevators and conveyors for goods or materials from Peru, with a X% share of total exports. Moreover, exports of belt type continuous-action elevators and conveyors for goods or materials to Argentina exceeded the volume sent to the second major destination, the Dominican Republic (X units), more than tenfold. The third position in this ranking was taken by Chile (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Argentina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (X% per year) and Chile (X% per year).

In value terms, the largest markets for belt type continuous-action elevator and conveyor exported from Peru were the Dominican Republic ($X), Chile ($X) and Ecuador ($X), together comprising X% of total exports.

Chile, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for belt type continuous-action elevators and conveyors for goods or materials amounted to $X per unit, dropping by X% against the previous year. Overall, the export price faced a precipitous decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 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 Ecuador ($X per unit), while the average price for exports to Argentina ($X 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 Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Imports into Peru

In 2022, after two years of growth, there was significant decline in purchases abroad of belt type continuous-action elevators and conveyors for goods or materials, when their volume decreased by X% to X units. In general, imports saw a noticeable contraction. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports of hit record highs at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of belt type continuous-action elevators and conveyors for goods or materials dropped markedly to $X in 2022. Over the period under review, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

China (X units), Spain (X units) and Brazil (X units) were the main suppliers of imports of belt type continuous-action elevators and conveyors for goods or materials to Peru, together comprising X% of total imports. The United States, Denmark, France, Italy, Chile and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Spain ($X) and Brazil ($X) constituted the largest belt type continuous-action elevator and conveyor suppliers to Peru, together comprising X% of total imports. France, the United States, Italy, Denmark, Chile and Germany lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Denmark, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for belt type continuous-action elevators and conveyors for goods or materials stood at $X per unit in 2022, almost unchanged from the previous year. Overall, the import price, however, showed a abrupt descent. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average 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 France ($X per unit), while the price for Chile ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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