Peru: Medical Furniture Market 2024

Medical Furniture Market Size in Peru

In 2022, the Peruvian medical furniture market decreased by X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, showed buoyant growth. Medical furniture consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Medical Furniture Exports

Exports from Peru

In 2022, medical furniture exports from Peru rose markedly to X units, growing by X% on the previous year. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, medical furniture exports surged to $X in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

Bolivia (X units) was the main destination for medical furniture exports from Peru, with a X% share of total exports. Moreover, medical furniture exports to Bolivia exceeded the volume sent to the second major destination, Chile (X units), fourfold. Honduras (X units) ranked third in terms of total exports with a X% share.

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

In value terms, Bolivia ($X) emerged as the key foreign market for medical, surgical or veterinary furniture exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

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

Export Prices by Country

The average medical furniture export price stood at $X per unit in 2022, jumping by X% against the previous year. In general, the export price showed prominent growth. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 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 the United States ($X per unit), while the average price for exports to Honduras ($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 more modest paces of growth.

Medical Furniture Imports

Imports into Peru

In 2022, supplies from abroad of medical, surgical or veterinary furniture decreased by X% to X units, falling for the second consecutive year after four years of growth. Overall, imports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, medical furniture imports contracted notably to $X in 2022. Over the period under review, total imports indicated a noticeable increase 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. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest medical furniture supplier to Peru, with a X% share of total imports. Moreover, medical furniture imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), eightfold. Turkey (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 China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of medical, surgical or veterinary furniture to Peru, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

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

Import Prices by Country

In 2022, the average medical furniture import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a 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 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 Brazil (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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