Peru: Civil Reaction Engine Market 2024

Civil Reaction Engine Market Size in Peru

The Peruvian civil reaction engine market shrank sharply to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption showed a noticeable slump. Civil reaction engine consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Civil Reaction Engine Production in Peru

In value terms, civil reaction engine production expanded notably to $X in 2022 estimated in export price. Overall, production recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Civil Reaction Engine Exports

Exports from Peru

In 2022, the amount of civil reaction engines exported from Peru fell significantly to X units, which is down by X% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate measured growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then dropped markedly in the following year.

In value terms, civil reaction engine exports contracted notably to $X in 2022. Overall, exports, however, saw strong growth. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

The United States (X units), Kazakhstan (X units) and Ecuador (X units) were the main destinations of civil reaction engine exports from Peru.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X), the United States ($X) and Kazakhstan ($X) appeared to be the largest markets for civil reaction engine exported from Peru worldwide.

Among the main countries of destination, Ecuador, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average civil reaction engine export price amounted to $X per unit, waning by X% against the previous year. Overall, the export price, however, continues to indicate a modest expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per unit), while the average price for exports to Kazakhstan ($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 Ecuador (X%), while the prices for the other major destinations experienced a decline.

Civil Reaction Engine Imports

Imports into Peru

After two years of growth, purchases abroad of civil reaction engines decreased by X% to X units in 2022. In general, imports saw a deep setback. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, civil reaction engine imports contracted notably to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest civil reaction engine supplier to Peru, accounting for a X% share of total imports. Moreover, civil reaction engine imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. Spain (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

In value terms, Italy ($X), Germany ($X) and the United States ($X) were the largest civil reaction engine suppliers to Peru, together accounting for X% of total imports. Sweden and Spain lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average civil reaction engine import price amounted to $X per unit, picking up by X% against the previous year. In general, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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