Price for Hand-Operated Spanners and Wrenches in Peru - 2021
Contents:
- Price for Hand-Operated Spanners and Wrenches in Peru (CIF) - 2022
- Price for Hand-Operated Spanners and Wrenches in Peru (FOB) - 2022
- Imports of Hand-Operated Spanners and Wrenches in Peru
- Exports of Hand-Operated Spanners and Wrenches in Peru
Price for Hand-Operated Spanners and Wrenches in Peru (CIF) - 2022
The average hand-operated spanners and wrenches import price stood at $7,348 per ton in 2022, remaining stable against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 14% against the previous year. Over the period under review, average import prices hit record highs at $8,092 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 ($36,270 per ton), while the price for India ($4,569 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 (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hand-Operated Spanners and Wrenches in Peru (FOB) - 2022
In 2022, the average hand-operated spanners and wrenches export price amounted to $9,766 per ton, declining by -8.5% against the previous year. In general, the export price recorded a pronounced reduction. The growth pace was the most rapid in 2014 when the average export price increased by 68%. The export price peaked at $28,944 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($22,525 per ton), while the average price for exports to Bolivia ($3,411 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 Ecuador (+1.2%), while the prices for the other major destinations experienced a decline.
Imports of Hand-Operated Spanners and Wrenches in Peru
In 2022, supplies from abroad of hand-operated spanners and wrencheses decreased by -19.3% to 2.3K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 63% against the previous year. As a result, imports reached the peak of 2.9K tons, and then reduced notably in the following year.
In value terms, hand-operated spanners and wrenches imports fell sharply to $17M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 64%. As a result, imports reached the peak of $21M, and then reduced rapidly in the following year.
| Import of Hand-Operated Spanners and Wrenches in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.3 | 6.4 | 11.3 | 9.0 | 12.6% |
| United States | 2.8 | 2.2 | 3.0 | 2.4 | -5.0% |
| Taiwan (Chinese) | 2.2 | 2.2 | 2.8 | 2.3 | 1.5% |
| India | 0.7 | 0.7 | 1.4 | 1.1 | 16.3% |
| Brazil | 0.4 | 0.3 | 0.7 | 0.6 | 14.5% |
| Others | 1.2 | 1.1 | 2.0 | 1.6 | 10.1% |
| Total | 13.6 | 12.9 | 21.2 | 17.0 | 7.7% |
Top Suppliers of Hand-Operated Spanners and Wrenches to Peru in 2022:
- China (1628.9 tons)
- India (246.3 tons)
- Taiwan (Chinese) (216.3 tons)
- Brazil (113.8 tons)
- United States (65.7 tons)
Exports of Hand-Operated Spanners and Wrenches in Peru
In 2022, hand-operated spanners and wrenches exports from Peru dropped remarkably to 18 tons, declining by -22.6% compared with 2021 figures. Over the period under review, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 152%. As a result, the exports reached the peak of 23 tons, and then shrank sharply in the following year.
In value terms, hand-operated spanners and wrenches exports fell dramatically to $176K in 2022. In general, exports saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 140% against the previous year. As a result, the exports attained the peak of $248K, and then declined significantly in the following year.
| Export of Hand-Operated Spanners and Wrenches in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 11.3 | 14.9 | 95.3 | 67.2 | 81.2% |
| United States | 58.3 | 25.4 | 41.2 | 28.8 | -20.9% |
| Mexico | 12.3 | 10.7 | 25.8 | 18.2 | 14.0% |
| Chile | 16.7 | 3.3 | 23.0 | 16.2 | -1.0% |
| Colombia | 20.9 | 15.5 | 2.4 | 9.0 | -24.5% |
| Sweden | 17.5 | 1.2 | 1.9 | 4.7 | -35.5% |
| Bolivia | 5.0 | 2.5 | 2.1 | 2.2 | -23.9% |
| Others | 84.7 | 29.8 | 56.1 | 29.2 | -29.9% |
| Total | 227 | 103 | 248 | 176 | -8.1% |
Top Export Markets for Hand-Operated Spanners and Wrenches from Peru in 2022:
- Ecuador (7.2 tons)
- Chile (4.1 tons)
- Mexico (1.8 tons)
- United States (1.3 tons)
- Colombia (1.1 tons)
- Bolivia (0.7 tons)
- Sweden (0.3 tons)
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