Peru: Photo-Copying Apparatus Market 2023

Photo-Copying Apparatus Market Size in Peru

After two years of decline, the Peruvian photo-copying apparatus market increased by 0.5% to $X in 2022. In general, consumption saw a strong expansion. Photo-copying apparatus consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Photo-Copying Apparatus Exports

Exports from Peru

In 2022, exports of photo-copying apparatus from Peru dropped significantly to X units, with a decrease of -26.3% against the previous year's figure. In general, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2018 when exports increased by 5,054% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, photo-copying apparatus exports contracted remarkably to $X in 2022. Overall, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 9,258%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Colombia (X units) was the main destination for photo-copying apparatus exports from Peru, with a 46% share of total exports. Moreover, photo-copying apparatus exports to Colombia exceeded the volume sent to the second major destination, the United States (X units), twofold. The third position in this ranking was held by Chile (X units), with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume to Colombia stood at +15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+20.6% per year) and Chile (+2.6% per year).

In value terms, the largest markets for photo-copying apparatus exported from Peru were Colombia ($X), Spain ($X) and the United States ($X), with a combined 51% share of total exports.

In terms of the main countries of destination, Spain, with a CAGR of +69.2%, recorded the highest rates of growth with regard to the value of exports, 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 photo-copying apparatus export price amounted to $X per unit, declining by -9.9% against the previous year. Over the period under review, the export price continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2014 an increase of 222% against the previous year. 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.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Colombia ($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 Spain (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Photo-Copying Apparatus Imports

Imports into Peru

In 2022, purchases abroad of photo-copying apparatus increased by 3.7% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 143% against the previous year. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, photo-copying apparatus imports reduced to $X in 2022. Overall, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 113%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of photo-copying apparatus to Peru, accounting for a 39% share of total imports. Moreover, photo-copying apparatus imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), twofold. The United States (X units) ranked third in terms of total imports with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+47.8% per year) and the United States (+31.6% per year).

In value terms, China ($X), the United States ($X) and Indonesia ($X) were the largest photo-copying apparatus suppliers to Peru, together accounting for 56% of total imports. Brazil, Panama, Taiwan (Chinese), Japan, Israel, Mexico, Vietnam, South Korea and the Philippines lagged somewhat behind, together accounting for a further 31%.

Among the main suppliers, Vietnam, with a CAGR of +77.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average photo-copying apparatus import price stood at $X per unit in 2022, declining by -7.2% against the previous year. Overall, the import price showed a drastic downturn. The pace of growth appeared the most rapid in 2020 an increase of 23%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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