Musical Boxes Price in Peru - 2021

Contents:

  1. Musical Boxes Price in Peru (CIF) - 2022
  2. Musical Boxes Price in Peru (FOB) - 2022
  3. Musical Boxes Imports in Peru
  4. Musical Boxes Exports in Peru

Musical Boxes Price in Peru (CIF) - 2022

The average musical boxes import price stood at $3.2 per unit in 2022, rising by 11% against the previous year. Over the period under review, the import price showed buoyant growth. The pace of growth appeared the most rapid in 2016 an increase of 42%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +11.1% per year.

Musical Boxes Price in Peru (FOB) - 2022

The average musical boxes export price stood at $7.1 per unit in 2022, which is down by -15.2% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 an increase of 70% against the previous year. The export price peaked at $8.4 per unit in 2021, and then fell dramatically in the following year.

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 ($32 per unit), while the average price for exports to the United Arab Emirates ($3.1 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 Bolivia (+1,627.4%), while the prices for the other major destinations experienced more modest paces of growth.

Musical Boxes Imports in Peru

For the third consecutive year, Peru recorded decline in supplies from abroad of musical boxeses, which decreased by -1.2% to 7.7K units in 2022. Overall, imports showed a deep reduction. Over the period under review, imports reached the maximum at 15K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, musical boxes imports rose markedly to $25K in 2022. Over the period under review, imports recorded a drastic downturn. Over the period under review, imports reached the peak figure at $31K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Musical Boxes in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.923.919.321.8-7.9%
Others3.12.83.12.7-4.5%
Total31.026.722.424.5-7.5%

Top Suppliers of Musical Boxes to Peru in 2022:

  1. China (7.6K units)

Musical Boxes Exports in Peru

After two years of decline, overseas shipments of musical boxeses increased by 60% to 8 units in 2022. Over the period under review, exports, however, continue to indicate a sharp decrease. The exports peaked at 136 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, musical boxes exports surged to $57 in 2022. In general, exports, however, saw a dramatic shrinkage. Over the period under review, the exports reached the peak figure at $879 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Musical Boxes in Peru (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile69570.040.055.0-57.1%
Spain78.0N/AN/AN/A0%
Russia51.0N/AN/AN/A0%
United Kingdom10.01.0N/AN/A-90.0%
Others45.01.02.02.0-64.6%
Total87972.042.057.0-59.8%

Top Export Markets for Musical Boxes from Peru in 2022:

  1. Chile (7.0 units)

Source: IndexBox Market Intelligence Platform

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