Peru: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA 2024

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA in Peru

After four years of growth, the Peruvian market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA decreased by -6.9% to $X in 2022. Over the period under review, consumption continues to indicate a perceptible shrinkage. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Diesel or Semi-Diesel Electric Generating Sets of Output Over X kVA but Under X kVA in Peru

In value terms, production of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA contracted slightly to $X in 2022 estimated in export price. In general, production recorded a perceptible descent. The most prominent rate of growth was recorded in 2019 when the production volume increased by 81%. Production of peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Exports from Peru

In 2022, approx. X units of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA were exported from Peru; falling by -16.3% on the year before. Overall, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 50%. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA shrank dramatically to $X in 2022. In general, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 46%. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Ecuador (X units), Guatemala (X units) and the United States (X units) were the main destinations of exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Peru, together accounting for 62% of total exports.

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 +45.0%), while the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X), the United States ($X) and Guatemala ($X) appeared to be the largest markets for diesel or semi-diesel electric generating set of output over X kVA but under X kVA exported from Peru worldwide, together accounting for 62% of total exports.

The United States, with a CAGR of +42.8%, saw the highest rates of growth with regard to 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 diesel or semi-diesel electric generating sets of output over X kVA but under X kVA amounted to $X per unit, remaining constant against the previous year. In general, the export price, however, recorded a mild curtailment. The growth pace was the most rapid in 2014 an increase of 6.8%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

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 Bolivia ($X per unit), while the average price for exports to Guatemala ($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 Bolivia (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Imports into Peru

In 2022, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA into Peru declined remarkably to X units, dropping by -20.1% against the previous year's figure. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 62%. As a result, imports attained the peak of X units, and then fell markedly in the following year.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA shrank significantly to $X in 2022. Over the period under review, imports continue to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2018 when imports increased by 50% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA supplier to Peru, accounting for a 83% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), more than tenfold. India (X units) ranked third in terms of total imports with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-12.4% per year) and India (+9.6% per year).

In value terms, China ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Peru, comprising 73% of total imports. The second position in the ranking was held by Brazil ($X), with a 10% share of total imports. It was followed by India, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-10.8% per year) and India (+14.8% per year).

Import Prices by Country

In 2022, the average import price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA amounted to $X per unit, growing by 6% against the previous year. Overall, the import price, however, saw a noticeable contraction. The growth pace was the most rapid in 2019 when the average import price increased by 34% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :