Plugs and Socket Price in Peru - 2022
Contents:
- Plugs and Socket Price in Peru (CIF) - 2022
- Plugs and Socket Price in Peru (FOB) - 2022
- Plugs and Socket Imports in Peru
- Plugs and Socket Exports in Peru
Plugs and Socket Price in Peru (CIF) - 2022
In 2022, the average plugs and socket import price amounted to $0.1 per unit, stabilizing at the previous year. Overall, the import price, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2020 an increase of 15% against the previous year. The import price peaked at $0.1 per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 the United States ($0.5 per unit), while the price for China (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Plugs and Socket Price in Peru (FOB) - 2022
The average plugs and socket export price stood at $0.1 per unit in 2022, flattening at the previous year. Over the period under review, the export price saw a slight contraction. The pace of growth was the most pronounced in 2019 when the average export price increased by 28% against the previous year. As a result, the export price reached the peak level of $0.1 per unit. From 2020 to 2022, the average 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 Chile ($0.3 per unit), while the average price for exports to Bolivia (less than $0.1 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 Chile (+13.7%), while the prices for the other major destinations experienced mixed trend patterns.
Plugs and Socket Imports in Peru
In 2022, the amount of electrical plugs and sockets for under 1000 v imported into Peru reduced notably to 274M units, which is down by -18.5% on 2021. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.7% 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 +24.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 53%. As a result, imports attained the peak of 336M units, and then fell remarkably in the following year.
In value terms, plugs and socket imports dropped notably to $23M in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, imports reached the peak of $29M, and then declined significantly in the following year.
| Import of Plugs and Socket in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.3 | 8.7 | 11.7 | 10.2 | 11.8% |
| Colombia | 4.1 | 4.6 | 7.1 | 3.6 | -4.2% |
| Mexico | 2.6 | 3.3 | 3.5 | 3.2 | 7.2% |
| Germany | 2.1 | 2.2 | 2.1 | 2.8 | 10.1% |
| Others | 4.1 | 3.7 | 4.2 | 3.6 | -4.2% |
| Total | 20.2 | 22.5 | 28.5 | 23.3 | 4.9% |
Top Suppliers of Plugs and Socket to Peru in 2022:
- China (216.2M units)
- Colombia (18.8M units)
- Germany (15.0M units)
- Mexico (13.1M units)
Plugs and Socket Exports in Peru
In 2022, shipments abroad of electrical plugs and sockets for under 1000 v decreased by -3.1% to 4.4M units, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year. As a result, the exports reached the peak of 5.1M units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, plugs and socket exports declined modestly to $393K in 2022. Overall, exports saw a abrupt shrinkage. Over the period under review, the exports attained the maximum at $496K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Plugs and Socket in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 350 | 327 | 164 | 164 | -22.3% |
| Ecuador | 43.1 | 42.0 | 127 | 119 | 40.3% |
| Chile | 5.7 | 14.0 | 17.4 | 22.5 | 58.0% |
| Others | 97.3 | 77.7 | 102 | 87.4 | -3.5% |
| Total | 496 | 461 | 410 | 393 | -7.5% |
Top Export Markets for Plugs and Socket from Peru in 2022:
- Bolivia (3.5M units)
- Ecuador (0.8M units)
- Chile (0.1M units)
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