Life-Jackets and Life-Belts Price in Peru - 2021

Contents:

  1. Life-Jackets and Life-Belts Price in Peru (CIF) - 2021
  2. Life-Jackets and Life-Belts Price in Peru (FOB) - 2022
  3. Life-Jackets and Life-Belts Imports in Peru
  4. Life-Jackets and Life-Belts Exports in Peru

Life-Jackets and Life-Belts Price in Peru (CIF) - 2021

In April 2020, the average life-jackets and life-belts import price amounted to $6,731 per ton, falling by -45.6% against the previous month. Over the period under review, the import price continues to indicate a precipitous decrease. The most prominent rate of growth was recorded in March 2020 an increase of 112% m-o-m. The import price peaked at $20,614 per ton in January 2020; however, from February 2020 to April 2020, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From January 2020 to April 2020, the rate of growth in terms of prices for China amounted to -30.2% per month.

Life-Jackets and Life-Belts Price in Peru (FOB) - 2022

In 2022, the average life-jackets and life-belts export price amounted to $16,798 per ton, shrinking by -2.1% against the previous year. Overall, the export price showed a abrupt setback. The growth pace was the most rapid in 2020 an increase of 34%. The export price peaked at $36,298 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($78,840 per ton), while the average price for exports to Panama ($4,895 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Life-Jackets and Life-Belts Imports in Peru

In 2022, overseas purchases of life-jackets and life-beltses decreased by -13.2% to 114 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 73% against the previous year.

In value terms, life-jackets and life-belts imports declined to $794K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 51% against the previous year.

Import of Life-Jackets and Life-Belts in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32555770558021.3%
United States47.238.436.311434.2%
Panama3.95.06.25.814.1%
Others92.210713194.20.7%
Total46870887979419.3%

Top Suppliers of Life-Jackets and Life-Belts to Peru in 2022:

  1. China (107.0 tons)
  2. United States (2.6 tons)
  3. Panama (2.1 tons)

Life-Jackets and Life-Belts Exports in Peru

In 2022, overseas shipments of life-jackets and life-beltses decreased by -12.6% to 465 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 78% against the previous year. As a result, the exports attained the peak of 532 kg, and then fell in the following year.

In value terms, life-jackets and life-belts exports contracted to $7.8K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 73%.

Export of Life-Jackets and Life-Belts in Peru (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile3392111273,518118.1%
United States1,0872,0404,5741,97121.9%
Spain2002211,27058042.6%
Paraguay512812909472-2.7%
Bolivia26.0388435226105.6%
Nicaragua32.012433817676.5%
Brazil239255185127-19.0%
Panama10214316993.0-3.0%
Costa Rica5.012.015480.0152.0%
CanadaN/A1,224N/AN/A0%
Others1,2151,063966568-22.4%
Total3,7576,4939,1277,81127.6%

Top Export Markets for Life-Jackets and Life-Belts from Peru in 2022:

  1. Chile (232.0 kg)
  2. Paraguay (63.0 kg)
  3. Spain (59.0 kg)
  4. United States (25.0 kg)
  5. Nicaragua (22.0 kg)
  6. Panama (19.0 kg)
  7. Bolivia (18.0 kg)
  8. Costa Rica (7.0 kg)
  9. Brazil (3.0 kg)

Source: IndexBox Market Intelligence Platform

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