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Peru - Rotary Converters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPeru: Electric Rotary Converter Market 2024
Electric Rotary Converter Market Size in Peru
In 2021, the Peruvian electric rotary converter market decreased by -32.9% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption, however, showed a slight increase. Electric rotary converter consumption peaked at $X in 2020, and then dropped remarkably in the following year.
Electric Rotary Converter Exports
Exports from Peru
In 2021, the amount of electric rotary converters exported from Peru reduced dramatically to X units, declining by -61.3% against the year before. In general, exports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 275% against the previous year. As a result, the exports reached the peak of X units, and then fell notably in the following year.
In value terms, electric rotary converter exports fell dramatically to $X in 2021. Overall, exports, however, continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2015 when exports increased by 468% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then contracted notably in the following year.
Exports by Country
Chile (X units) was the main destination for electric rotary converter exports from Peru, with a 93% share of total exports. Moreover, electric rotary converter exports to Chile exceeded the volume sent to the second major destination, Germany (X units), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Chile stood at +73.2%.
In value terms, Chile ($X) remains the key foreign market for electric rotary converters exports from Peru, comprising 97% of total exports. The second position in the ranking was taken by Ecuador ($X), with a 2% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to Chile amounted to +109.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (-28.2% per year) and the United States (-27.3% per year).
Export Prices by Country
In 2021, the average electric rotary converter export price amounted to $X per unit, shrinking by -38.3% against the previous year. Overall, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 739%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Ecuador ($X per unit), while the average price for exports to Germany (less than $X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2,145.1%), while the prices for the other major destinations experienced mixed trend patterns.
Electric Rotary Converter Imports
Imports into Peru
After three years of growth, purchases abroad of electric rotary converters decreased by -41.4% to X units in 2021. Over the period under review, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 130% against the previous year. As a result, imports reached the peak of X units, and then reduced dramatically in the following year.
In value terms, electric rotary converter imports contracted significantly to $X in 2021. In general, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2015 when imports increased by 101%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, China (X units) constituted the largest electric rotary converter supplier to Peru, with a 74% share of total imports. Moreover, electric rotary converter imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), sixfold. The United States (X units) ranked third in terms of total imports with a 2.2% share.
From 2012 to 2021, the average annual growth rate of volume from China stood at +41.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+30.5% per year) and the United States (-4.4% per year).
In value terms, Sweden ($X), China ($X) and the UK ($X) appeared to be the largest electric rotary converter suppliers to Peru, together accounting for 50% of total imports.
Among the main suppliers, Sweden, with a CAGR of +31.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average electric rotary converter import price stood at $X per unit in 2021, reducing by -67.2% against the previous year. In general, the import price recorded a sharp contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 39%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+10.9%), 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 electric rotary converter market 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 27113270 - Rotary converters
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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