Peru: Water Filter Market 2024

Water Filter Market Size in Peru

The Peruvian water filter market surged to $X in 2022, jumping 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, the total consumption indicated strong growth from 2012 to 2022: its value 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. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Water Filter Exports

Exports from Peru

In 2022, the amount of machinery for filtering or purifying water exported from Peru shrank remarkably to X units, waning by X% compared with the previous year's figure. Over the period under review, exports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then contracted markedly in the following year.

In value terms, water filter exports shrank markedly to $X in 2022. Overall, exports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), Ecuador (X units) and Colombia (X units) were the main destinations of water filter exports from Peru, together comprising X% 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 X%), while the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X) emerged as the key foreign market for machinery for filtering or purifying water exports from Peru, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by the United States, with an X% share.

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: Mexico (X% per year) and the United States (X% per year).

Export Prices by Country

The average water filter export price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the export price faced a drastic downturn. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average 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 Germany ($X per unit), while the average price for exports to Colombia ($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 Germany (X%), while the prices for the other major destinations experienced a decline.

Water Filter Imports

Imports into Peru

For the third year in a row, Peru recorded growth in overseas purchases of machinery for filtering or purifying water, which increased by X% to X units in 2022. Over the period under review, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, water filter imports soared to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest water filter supplier to Peru, accounting for a X% share of total imports. Moreover, water filter imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), tenfold. The third position in this ranking was held by the United States (X units), with a X% share.

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

In value terms, the largest water filter suppliers to Peru were the United States ($X), China ($X) and Italy ($X), together accounting for X% of total imports. Mexico, South Korea, Germany, Spain, Taiwan (Chinese) and Indonesia lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average water filter import price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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