Peru: Pressure-Reducing Iron Valve Market 2024

Pressure-Reducing Iron Valve Market Size in Peru

After two years of growth, the Peruvian pressure-reducing iron valve market decreased by X% to $X in 2022. Over the period under review, the total consumption indicated a pronounced expansion 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. Pressure-reducing iron valve consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Pressure-Reducing Iron Valve Exports

Exports from Peru

In 2022, overseas shipments of pressure-reducing, control, check and safety valves were finally on the rise to reach X units after two years of decline. Overall, exports, however, saw a slight contraction. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, pressure-reducing iron valve exports expanded notably to $X in 2022. In general, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Ecuador (X units), Chile (X units) and Bolivia (X units) were the main destinations of pressure-reducing iron valve exports from Peru, together accounting for 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 Chile (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for pressure-reducing iron valve exported from Peru were Chile ($X), Ecuador ($X) and the United States ($X), together comprising X% of total exports.

Chile, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average pressure-reducing iron valve export price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price saw a noticeable setback. The growth pace was the most rapid in 2018 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Ecuador ($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 Chile (X%), while the prices for the other major destinations experienced a decline.

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Pressure-Reducing Iron Valve Imports

Imports into Peru

After five years of growth, purchases abroad of pressure-reducing, control, check and safety valves decreased by X% to X units in 2022. Over the period under review, imports, however, showed a strong expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2021, and then shrank significantly in the following year.

In value terms, pressure-reducing iron valve imports amounted to $X in 2022. In general, total imports indicated modest 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. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X units), China (X units) and Colombia (X units) were the main suppliers of pressure-reducing iron valve imports to Peru, with a combined X% share of total imports. The United States, Israel, Poland, Turkey, Germany, Mexico and Brazil lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the United States ($X) and Colombia ($X) appeared to be the largest pressure-reducing iron valve suppliers to Peru, together accounting for X% of total imports. China, Poland, Israel, Germany, Mexico, Brazil and Turkey lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, recorded 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

In 2022, the average pressure-reducing iron valve import price amounted to $X per unit, growing by X% against the previous year. In general, the import price, however, showed a noticeable contraction. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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