Peru: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2022

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Peru

In 2021, the Peruvian digital data processing machine market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption continues to indicate a mild increase. Digital data processing machine consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from Peru

Digital data processing machine exports from Peru soared to X units in 2021, with an increase of 861% compared with the year before. Over the period under review, exports showed a slight expansion. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, digital data processing machine exports skyrocketed to $X in 2021. In general, exports posted a slight increase. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for digital data processing machine exports from Peru, with a 89% share of total exports. Moreover, digital data processing machine exports to the United States exceeded the volume sent to the second major destination, Chile (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-15.8% per year) and Ecuador (0.0% per year).

In value terms, the United States ($X) emerged as the key foreign market for digital data processing machine exports from Peru, comprising 73% of total exports. The second position in the ranking was held by Ecuador ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (-6.1% per year) and Chile (+69.5% per year).

Export Prices by Country

In 2021, the average digital data processing machine export price amounted to $X per unit, waning by -20.2% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 156% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Ecuador ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+20.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into Peru

After two years of decline, purchases abroad of digital data processing machines: presented in the form of systems increased by 97% to X units in 2021. In general, imports recorded a modest expansion. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, digital data processing machine imports skyrocketed to $X in 2021. Over the period under review, imports recorded a slight increase. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest digital data processing machine supplier to Peru, accounting for a 85% share of total imports. Moreover, digital data processing machine imports from China exceeded the figures recorded by the second-largest supplier, Canada (X units), more than tenfold. The third position in this ranking was taken by Mexico (X units), with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+20.1% per year) and Mexico (-12.1% per year).

In value terms, China ($X) constituted the largest supplier of digital data processing machine to Peru, comprising 69% of total imports. The second position in the ranking was taken by Canada ($X), with a 17% share of total imports. It was followed by Mexico, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+9.4% per year) and Mexico (-8.6% per year).

Import Prices by Country

The average digital data processing machine import price stood at $X per unit in 2021, increasing by 7.1% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 15% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Ireland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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