Price for Navigational Instruments and Appliances; Parts and Accessories in Peru - 2022

Contents:

1. Price for Navigational Instruments and Appliances; Parts and Accessories in Peru (CIF) - 2022
2. Price for Navigational Instruments and Appliances; Parts and Accessories in Peru (FOB) - 2022
3. Imports of Navigational Instruments and Appliances; Parts and Accessories in Peru
4. Exports of Navigational Instruments and Appliances; Parts and Accessories in Peru

Price for Navigational Instruments and Appliances; Parts and Accessories in Peru (CIF) - 2022

The average import price for navigational instruments and appliances; parts and accessorieses stood at $366,127 per ton in 2022, declining by -45.9% against the previous year. In general, the import price showed a pronounced decline. The growth pace was the most rapid in 2014 when the average import price increased by 107% against the previous year. Over the period under review, average import prices reached the peak figure at $744,310 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 ($430,379 per ton), while the price for China ($60,042 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the prices for the other major suppliers experienced a decline.

Price for Navigational Instruments and Appliances; Parts and Accessories in Peru (FOB) - 2022

In 2022, the average export price for navigational instruments and appliances; parts and accessorieses amounted to $286,356 per ton, with an increase of 147% against the previous year. Over the period under review, the export price recorded a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 ($301,989 per ton), while the average price for exports to Panama totaled $50,738 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+36.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Navigational Instruments and Appliances; Parts and Accessories in Peru

In 2022, imports of navigational instruments and appliances; parts and accessorieses into Peru surged to 3.2 tons, with an increase of 24% compared with 2021. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 51% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of navigational instruments and appliances; parts and accessorieses reduced dramatically to $1.2M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of $1.8M, and then contracted dramatically in the following year.

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Peru in 2022:

1. United States (1845.0 kg)
2. France (675.0 kg)
3. Japan (161.0 kg)
4. Norway (148.0 kg)
5. South Korea (78.0 kg)
6. China (71.0 kg)
7. Greece (57.0 kg)
8. Canada (48.0 kg)
9. Germany (26.0 kg)

Exports of Navigational Instruments and Appliances; Parts and Accessories in Peru

For the fourth year in a row, Peru recorded growth in overseas shipments of navigational instruments and appliances; parts and accessorieses, which increased by 16% to 675 kg in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 657% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of navigational instruments and appliances; parts and accessorieses skyrocketed to $193K in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 215%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Peru in 2022:

1. United States (633.0 kg)
2. Panama (42.0 kg)

Source: IndexBox Market Intelligence Platform