Peru: Market for Television, Video and Digital Cameras 2024

Market Size for Television, Video and Digital Cameras in Peru

The Peruvian market for television, video and digital cameras dropped 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 recorded a abrupt shrinkage. Television, video and digital camera consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Television, Video and Digital Cameras

Exports from Peru

For the fourth year in a row, Peru recorded decline in overseas shipments of television, video and digital cameras, which decreased by X% to X units in 2022. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, television, video and digital camera exports soared to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Chile (X units), the United States (X units) and Bolivia (X units) were the main destinations of television, video and digital camera exports from Peru, with a combined X% share of total exports. Colombia, Ecuador and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the United States ($X) remains the key foreign market for television, video and digital cameras exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

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

Export Prices by Country

The average export price for television, video and digital cameras stood at $X per unit in 2022, rising by X% against the previous year. In general, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Bolivia ($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 Colombia (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Television, Video and Digital Cameras

Imports into Peru

In 2022, approx. X units of television, video and digital cameras were imported into Peru; reducing by X% compared with the previous year's figure. Overall, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, television, video and digital camera imports shrank to $X in 2022. In general, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main television, video and digital camera supplier to Peru, accounting for a X% share of total imports. Moreover, television, video and digital camera imports from China exceeded the figures recorded by the second-largest supplier, Israel (X units), more than tenfold. The third position in this ranking was taken by Vietnam (X units), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of television, video and digital cameras to Peru, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Vietnam (X% per year).

Import Prices by Country

The average import price for television, video and digital cameras stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Indonesia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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