Peru: Off-Highway Dumper Market 2024

Off-Highway Dumper Market Size in Peru

The Peruvian off-highway dumper market dropped rapidly to $X in 2022, which is down 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 saw a abrupt shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Off-Highway Dumper Exports

Exports from Peru

In 2022, approx. X units of dumpers for off-highway use were exported from Peru; dropping by X% on the previous year. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, off-highway dumper exports contracted notably to $X in 2022. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Ecuador (X units) was the main destination for off-highway dumper exports from Peru, accounting for a X% share of total exports. Moreover, off-highway dumper exports to Ecuador exceeded the volume sent to the second major destination, Turkey (X units), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Ecuador amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Chile (X% per year).

In value terms, Ecuador ($X) emerged as the key foreign market for dumpers for off-highway use exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Ecuador totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Chile (X% per year).

Export Prices by Country

The average off-highway dumper export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Chile ($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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Off-Highway Dumper Imports

Imports into Peru

In 2022, approx. X units of dumpers for off-highway use were imported into Peru; declining by X% on 2021 figures. Over the period under review, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, off-highway dumper imports contracted dramatically to $X in 2022. Overall, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), the United States (X units) and Sweden (X units) were the main suppliers of off-highway dumper imports to Peru, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) constituted the largest supplier of dumpers for off-highway use to Peru, comprising X% of total imports. The second position in the ranking was taken by Sweden ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average off-highway dumper import price amounted to $X per unit, surging by X% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, off-highway dumper import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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