
Peru - Bending or Assembling Machines - Market Analysis, Forecast, Size, Trends and Insights
Peru: Wood Bending Machine Market 2022
Wood Bending Machine Market Size in Peru
The Peruvian wood bending machine market skyrocketed to $X in 2021, growing by 136% 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 posted a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Wood Bending Machine Exports
Exports from Peru
For the seventh year in a row, Peru recorded growth in shipments abroad of bending or assembling machines, which increased by 250% to X units in 2021. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, wood bending machine exports contracted significantly to $X in 2021. Over the period under review, exports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of 209%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.
Exports by Country
Venezuela (X units) was the main destination for wood bending machine exports from Peru, with a 86% share of total exports. Moreover, wood bending machine exports to Venezuela exceeded the volume sent to the second major destination, Bolivia (X units), sixfold.
From 2013 to 2021, the average annual growth rate of volume to Venezuela was relatively modest.
In value terms, Bolivia ($X) emerged as the key foreign market for wood bending machine exports from Peru, comprising 97% of total exports. The second position in the ranking was taken by Venezuela ($X), with a 2.7% share of total exports.
From 2013 to 2021, the average annual rate of growth in terms of value to Bolivia amounted to +27.9%.
Export Prices by Country
The average wood bending machine export price stood at $X per unit in 2021, reducing by -94.8% against the previous year. Over the period under review, the export price continues to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 291% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Venezuela totaled $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-7.6%), while the prices for the other major destinations experienced a decline.
Wood Bending Machine Imports
Imports into Peru
Wood bending machine imports into Peru soared to X units in 2021, increasing by 141% against the year before. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, wood bending machine imports surged to $X in 2021. Over the period under review, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, China (X units) was the main wood bending machine supplier to Peru, with a approx. 96% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +46.1%.
In value terms, China ($X) constituted the largest supplier of wood bending machine to Peru.
From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +20.7%.
Import Prices by Country
In 2021, the average wood bending machine import price amounted to $X per unit, dropping by -7.4% against the previous year. Over the period under review, the import price saw a drastic downturn. The pace of growth was the most pronounced in 2018 an increase of 39%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for Chile amounted to +19.8% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wood bending machine 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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