Price for Machinery; Parts of Machinery of Heading No. 8422 in Peru - 2022
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Peru (CIF) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Peru (FOB) - 2022
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Peru
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Peru
Price for Machinery; Parts of Machinery of Heading No. 8422 in Peru (CIF) - 2022
The average import price for machinery; parts of machinery of heading no. 8422 stood at $86,762 per ton in 2022, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 21%. As a result, import price attained the peak level of $87,681 per ton, and then declined slightly in the following year.
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 Germany ($165,350 per ton), while the price for China ($28,261 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 (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of Machinery of Heading No. 8422 in Peru (FOB) - 2022
The average export price for machinery; parts of machinery of heading no. 8422 stood at $92,127 per ton in 2022, increasing by 64% against the previous year. Over the period under review, the export price posted a buoyant expansion. The pace of growth was the most pronounced in 2018 an increase of 125% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($136,767 per ton), while the average price for exports to Germany ($1,000 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 Mexico (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Peru
Imports of machinery; parts of machinery of heading no. 8422 into Peru reduced dramatically to 204 tons in 2022, waning by -40.2% on 2021 figures. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 101% against the previous year. As a result, imports reached the peak of 342 tons, and then declined remarkably in the following year.
In value terms, imports of machinery; parts of machinery of heading no. 8422 reduced sharply to $18M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 143% against the previous year. As a result, imports attained the peak of $30M, and then reduced sharply in the following year.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.8 | 3.4 | 14.1 | 4.4 | -2.9% |
| Germany | 2.8 | 2.5 | 2.6 | 3.4 | 6.7% |
| Brazil | 1.2 | 0.5 | 0.9 | 2.5 | 27.7% |
| United States | 2.3 | 1.1 | 2.1 | 1.8 | -7.8% |
| Spain | 0.7 | 1.5 | 0.9 | 1.1 | 16.3% |
| China | 0.7 | 0.6 | 0.8 | 0.8 | 4.6% |
| France | 0.6 | 0.4 | 2.9 | 0.3 | -20.6% |
| Chile | 0.1 | N/A | 2.7 | 0.3 | 44.2% |
| Argentina | 2.0 | 0.3 | 0.3 | 0.2 | -53.6% |
| Others | 2.5 | 1.9 | 2.6 | 2.9 | 5.1% |
| Total | 17.8 | 12.3 | 30.0 | 17.7 | -0.2% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Peru in 2022:
- Italy (54.1 tons)
- Brazil (38.0 tons)
- China (26.7 tons)
- Germany (20.5 tons)
- Spain (15.2 tons)
- United States (13.3 tons)
- Chile (7.1 tons)
- Argentina (3.1 tons)
- France (2.0 tons)
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Peru
In 2022, after two years of decline, there was significant growth in shipments abroad of machinery; parts of machinery of heading no. 8422, when their volume increased by 100% to 10 tons. Overall, exports continue to indicate resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of machinery; parts of machinery of heading no. 8422 surged to $950K in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 138 | 94.5 | 52.1 | 513 | 54.9% |
| Ecuador | 62.8 | 89.2 | 41.9 | 141 | 30.9% |
| United States | 35.6 | N/A | 26.2 | 60.2 | 19.1% |
| Costa Rica | 42.4 | 6.6 | 33.1 | 51.6 | 6.8% |
| Mexico | 21.5 | N/A | 27.5 | 43.7 | 26.7% |
| Bolivia | 49.6 | 29.3 | 13.3 | 23.2 | -22.4% |
| Chile | 6.7 | 25.7 | 10.6 | 18.1 | 39.3% |
| Senegal | 28.7 | N/A | 1.4 | N/A | -77.9% |
| Others | 137 | 218 | 83.4 | 98.7 | -10.4% |
| Total | 523 | 463 | 289 | 950 | 22.0% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Peru in 2022:
- Dominican Republic (3.8 tons)
- Ecuador (2.1 tons)
- Chile (1.6 tons)
- Mexico (1.1 tons)
- United States (0.5 tons)
- Costa Rica (0.4 tons)
- Bolivia (0.2 tons)
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