Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Peru - 2022

Contents:

1. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Peru (CIF) - 2022
2. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Peru (FOB) - 2022
3. Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Peru
4. Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Peru

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Peru (CIF) - 2022

In 2022, the average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $187 per unit, which is down by -43.3% against the previous year. In general, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 66% against the previous year. The import price peaked at $782 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 -6.1% per year.

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Peru (FOB) - 2022

In 2022, the average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $879 per unit, reducing by -7.1% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The growth pace was the most rapid in 2016 an increase of 586%. The export price peaked at $1,980 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($3,486 per unit), while the average price for exports to Ecuador ($167 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 (+27.2%), while the prices for the other major destinations experienced a decline.

Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Peru

In 2022, approx. 8.4K units of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses were imported into Peru; rising by 71% compared with the previous year's figure. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 93% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses dropped modestly to $1.6M in 2022. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 83%. Over the period under review, imports of reached the peak figure at $1.6M in 2021, and then fell modestly in the following year.

Top Suppliers of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes to Peru in 2022:

1. China (8.2K units)

Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Peru

In 2022, the amount of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses exported from Peru totaled 5 units, approximately mirroring 2021 figures. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 25% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses declined to $4.4K in 2022. The total export value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, the exports attained the peak of $4.7K, and then fell in the following year.

Top Export Markets for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes from Peru in 2022:

1. Ecuador (3.0 units)
2. Bolivia (1.0 units)
3. Chile (1.0 units)

Source: IndexBox Market Intelligence Platform