Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Peru - 2022

Contents:

  1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Peru (CIF) - 2022
  2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Peru (FOB) - 2022
  3. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Peru
  4. Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Peru

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Peru (CIF) - 2022

In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $1,455 per unit, leveling off at the previous year. In general, the import price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 16%. The import price peaked at $4,749 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 the United States ($46,404 per unit), while the price for China ($403 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Peru (FOB) - 2022

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $8,774 per unit in 2022, waning by -9.9% against the previous year. Over the period under review, the export price saw a abrupt downturn. The pace of growth appeared the most rapid in 2013 when the average export price increased by 15%. Over the period under review, the average export prices hit record highs at $26,218 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($28,590 per unit), while the average price for exports to Colombia ($2,607 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 Canada (+55.3%), while the prices for the other major destinations experienced a decline.

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Peru

For the fourth consecutive year, Peru recorded growth in supplies from abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines), which increased by 18% to 58K units in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 44% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) soared to $84M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States33.824.434.140.46.1%
China8.415.522.021.135.9%
Japan9.23.42.15.5-15.8%
South Korea0.91.31.52.540.6%
Others25.912.712.314.4-17.8%
Total78.357.471.983.92.3%

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Peru in 2022:

  1. China (52.4K units)
  2. Japan (2.0K units)
  3. South Korea (1.0K units)
  4. United States (0.9K units)

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Peru

Exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) from Peru surged to 193 units in 2022, increasing by 42% on 2021. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 209%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) soared to $1.7M in 2022. In general, exports posted resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 149%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A3910%
United States997272476374-27.9%
IndonesiaN/AN/AN/A2570%
Bolivia49.0N/A12023869.4%
Chile11.040.3381181154.3%
Colombia75.29.619.844.3-16.2%
Ecuador81.793.360.830.9-27.7%
GermanyN/AN/A3.530.3765.7%
CanadaN/A43.3131N/A202.5%
Others11973.31321467.1%
Total1,3325321,3241,6938.3%

Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Peru in 2022:

  1. Bolivia (66.0 units)
  2. United States (44.0 units)
  3. United Arab Emirates (19.0 units)
  4. Colombia (17.0 units)
  5. Chile (16.0 units)
  6. Indonesia (9.0 units)
  7. Germany (6.0 units)
  8. Ecuador (2.0 units)

Source: IndexBox Market Intelligence Platform

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