Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Peru - 2022

Contents:

  1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Peru (CIF) - 2022
  2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Peru (FOB) - 2022
  3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Peru
  4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Peru

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Peru (CIF) - 2022

In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $4,284 per unit, growing by 19% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 44%. The import price peaked at $4,525 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($11,962 per unit), while the price for China ($1,184 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+13.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Peru (FOB) - 2022

In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $4,857 per unit, with a decrease of -35.7% against the previous year. In general, the export price, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 582%. Over the period under review, the average export prices hit record highs at $7,556 per unit in 2021, and then shrank remarkably in the following year.

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 ($8,530 per unit), while the average price for exports to Colombia ($493 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 the United States (+30.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Peru

Imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs into Peru amounted to 30K units in 2022, picking up by 5.4% compared with the year before. Overall, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Imports peaked at 40K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs soared to $127M in 2022. In general, imports posted prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 91%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India65.131.548.749.0-9.0%
Brazil11.33.821.744.257.6%
South Korea13.83.511.715.33.5%
China3.42.45.67.831.9%
Indonesia4.48.58.87.720.5%
Others4.23.65.13.3-7.7%
Total10253.21021277.6%

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Peru in 2022:

  1. India (15.8K units)
  2. China (6.6K units)
  3. Brazil (3.7K units)
  4. South Korea (2.0K units)
  5. Indonesia (1.0K units)

Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Peru

In 2022, overseas shipments of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs decreased by -22.2% to 7 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure at 9 units in 2021, and then reduced markedly in the following year.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs dropped sharply to $34K in 2022. In general, exports, however, showed a prominent expansion. The exports peaked at $68K in 2021, and then declined significantly in the following year.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile1.0N/A29.18.5104.1%
Bolivia13.9N/A12.08.0-16.8%
Netherlands7.1N/A9.27.72.7%
United States3.2N/A5.74.07.7%
Ecuador0.8N/A4.53.157.1%
Germany1.9N/A3.02.13.4%
Colombia0.7N/A0.70.5-10.6%
Saudi ArabiaN/AN/A3.7N/A0%
OthersN/AN/AN/AN/A0%
Total28.6N/A68.034.05.9%

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Peru in 2022:

  1. Netherlands (1.0 units)
  2. Colombia (1.0 units)
  3. United States (1.0 units)
  4. Germany (1.0 units)
  5. Chile (1.0 units)
  6. Bolivia (1.0 units)
  7. Ecuador (1.0 units)

Source: IndexBox Market Intelligence Platform

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