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Peru - Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPeru: Market for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers 2024
Market Size for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Peru
The Peruvian market for iron or steel gas domestic cooking appliances and plate warmers skyrocketed to $X in 2022, picking up by 31% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -18.0% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.
Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers
Exports from Peru
In 2022, shipments abroad of iron or steel gas domestic cooking appliances and plate warmers was finally on the rise to reach X units after two years of decline. In general, total exports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -22.9% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 45%. Over the period under review, the exports of attained the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers reduced to $X in 2022. Overall, exports recorded a buoyant increase. The growth pace was the most rapid in 2014 with an increase of 77%. Over the period under review, the exports of attained the maximum at $X in 2021, and then fell in the following year.
Exports by Country
Chile (X units) was the main destination for exports of iron or steel gas domestic cooking appliances and plate warmers from Peru, accounting for a 59% share of total exports. Moreover, exports of iron or steel gas domestic cooking appliances and plate warmers to Chile exceeded the volume sent to the second major destination, Bolivia (X units), threefold. The third position in this ranking was held by Ecuador (X units), with an 18% share.
From 2012 to 2022, the average annual growth rate of volume to Chile totaled +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-11.6% per year) and Ecuador (+130.2% per year).
In value terms, Chile ($X) remains the key foreign market for iron or steel gas domestic cooking appliances and plate warmers exports from Peru, comprising 87% of total exports. The second position in the ranking was taken by Bolivia ($X), with a 9.5% share of total exports. It was followed by Ecuador, with a 3.2% share.
From 2012 to 2022, the average annual rate of growth in terms of value to Chile amounted to +27.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-6.4% per year) and Ecuador (+88.0% per year).
Export Prices by Country
In 2022, the average export price for iron or steel gas domestic cooking appliances and plate warmers amounted to $X per unit, dropping by -18.4% against the previous year. Overall, the export price, however, posted buoyant growth. The pace of growth appeared the most rapid in 2021 an increase of 68% against the previous year. As a result, the export price attained the peak level of $X per unit, and then contracted remarkably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Ecuador ($X 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 (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers
Imports into Peru
In 2022, approx. X units of iron or steel gas domestic cooking appliances and plate warmers were imported into Peru; surging by 31% against the previous year's figure. Over the period under review, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.3% against 2020 indices. The pace of growth was the most pronounced in 2017 when imports increased by 49%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers surged to $X in 2022. Overall, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.2% against 2020 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 46%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.
Imports by Country
Ecuador (X units), China (X units) and Mexico (X units) were the main suppliers of imports of iron or steel gas domestic cooking appliances and plate warmers to Peru, with a combined 96% share of total imports. Brazil lagged somewhat behind, accounting for a further 1.8%.
From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +37.5%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest iron or steel gas domestic cooking appliances and plate warmers suppliers to Peru were Ecuador ($X), China ($X) and Mexico ($X), with a combined 95% share of total imports. These countries were followed by Brazil, which accounted for a further 2%.
Brazil, with a CAGR of +25.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average import price for iron or steel gas domestic cooking appliances and plate warmers amounted to $X per unit, which is down by -4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 13%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for iron or steel gas domestic cooking appliances and plate warmers in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27521113 - Iron or steel gas domestic cooking appliances and plate warmers, with an oven (including those with subsidiary boilers for central heating, separate ovens for both gas and other fuels)
- Prodcom 27521115 - Iron or steel gas domestic cooking appliances and plate warmers (including those with subsidiary boilers for central heating, for both gas and other fuels, excluding those with ovens)
Country coverage:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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