Price for Tools, Hand; Other than Household Tools in Peru - 2022

Contents:

  1. Price for Tools, Hand; Other than Household Tools in Peru (CIF) - 2022
  2. Price for Tools, Hand; Other than Household Tools in Peru (FOB) - 2022
  3. Imports of Tools, Hand; Other than Household Tools in Peru
  4. Exports of Tools, Hand; Other than Household Tools in Peru

Price for Tools, Hand; Other than Household Tools in Peru (CIF) - 2022

In 2022, the average import price for tools, hand; other than household toolses amounted to $5,165 per ton, falling by -4.5% against the previous year. Overall, the import price showed a pronounced reduction. The pace of growth was the most pronounced in 2014 an increase of 21%. As a result, import price attained the peak level of $9,695 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($32,407 per ton), while the price for China ($3,388 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools, Hand; Other than Household Tools in Peru (FOB) - 2022

The average export price for tools, hand; other than household toolses stood at $11,028 per ton in 2022, dropping by -36.6% against the previous year. Over the period under review, the export price saw a abrupt downturn. The growth pace was the most rapid in 2020 when the average export price increased by 90%. The export price peaked at $23,737 per ton in 2012; however, from 2013 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 ($47,353 per ton), while the average price for exports to Panama ($3,534 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 the United States (+9.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tools, Hand; Other than Household Tools in Peru

In 2022, the amount of tools, hand; other than household toolses imported into Peru declined modestly to 3K tons, remaining stable against the year before. In general, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 69%. As a result, imports attained the peak of 3K tons, leveling off in the following year.

In value terms, imports of tools, hand; other than household toolses fell to $16M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +58.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. As a result, imports reached the peak of $16M, and then dropped in the following year.

Import of Tools, Hand; Other than Household Tools in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.84.89.78.521.0%
United States2.21.51.61.5-12.0%
Italy0.40.50.51.035.7%
Taiwan (Chinese)0.80.71.11.07.7%
Mexico0.30.40.40.518.6%
Brazil0.30.30.50.30.0%
Others2.41.72.72.74.0%
Total11.29.816.415.611.7%

Top Suppliers of Tools, Hand; Other than Household Tools to Peru in 2022:

  1. China (2517.0 tons)
  2. Taiwan (Chinese) (102.0 tons)
  3. Mexico (81.0 tons)
  4. Italy (79.0 tons)
  5. United States (47.0 tons)
  6. Brazil (45.2 tons)

Exports of Tools, Hand; Other than Household Tools in Peru

In 2022, shipments abroad of tools, hand; other than household toolses decreased by -18.4% to 31 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 31% against the previous year.

In value terms, exports of tools, hand; other than household toolses shrank remarkably to $340K in 2022. In general, exports, however, posted a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 149% against the previous year.

Export of Tools, Hand; Other than Household Tools in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia48.812114512135.3%
United States46.724031310531.0%
Panama0.7N/AN/A25.9233.2%
Chile16.612.727.124.213.4%
Bolivia29.05.830.819.0-13.1%
Ecuador20.717.110411.8-17.1%
Mexico3.16.07.710.449.7%
Germany12.428.94.0N/A-43.2%
Others23.368.326.222.5-1.2%
Total20150065834019.2%

Top Export Markets for Tools, Hand; Other than Household Tools from Peru in 2022:

  1. Colombia (12.7 tons)
  2. Panama (7.3 tons)
  3. Chile (2.6 tons)
  4. United States (2.2 tons)
  5. Ecuador (1.9 tons)
  6. Bolivia (1.5 tons)
  7. Mexico (0.8 tons)

Source: IndexBox Market Intelligence Platform

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