Report Update Apr 1, 2024

Peru - Illuminated Signs and Illuminated Name-Plates - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Peru: Illuminated Sign Market 2024

Illuminated Sign Market Size in Peru

In 2021, the Peruvian illuminated sign market was finally on the rise to reach $X after four years of decline. Over the period under review, consumption, however, recorded a perceptible descent. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Illuminated Sign Production in Peru

In value terms, illuminated sign production rose remarkably to $X in 2021 estimated in export price. Overall, production, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2014 with an increase of 47%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Illuminated Sign Exports

Exports from Peru

In 2021, approx. X tons of illuminated signs and illuminated name-plates were exported from Peru; picking up by 123% compared with the previous year. Overall, exports, however, saw a deep downturn. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, illuminated sign exports soared to $X in 2021. Over the period under review, exports, however, saw a dramatic downturn. The pace of growth was the most pronounced in 2014 with an increase of 89% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Ecuador (X tons), Chile (X tons) and the Dominican Republic (X tons) were the main destinations of illuminated sign exports from Peru, together accounting for 84% of total exports.

From 2012 to 2021, the biggest increases were recorded for the Dominican Republic (with a CAGR of +64.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X), the Dominican Republic ($X) and the United States ($X) appeared to be the largest markets for illuminated sign exported from Peru worldwide, with a combined 73% share of total exports.

Among the main countries of destination, the Dominican Republic, with a CAGR of +30.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average illuminated sign export price stood at $X per ton in 2021, falling by -33.3% against the previous year. Over the period under review, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2014 an increase of 29% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+46.0%), while the prices for the other major destinations experienced a decline.

Illuminated Sign Imports

Imports into Peru

In 2021, purchases abroad of illuminated signs and illuminated name-plates decreased by -34.3% to X tons, falling for the third year in a row after three years of growth. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 104%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, illuminated sign imports declined notably to $X in 2021. Over the period under review, imports continue to indicate a mild decrease. The pace of growth was the most pronounced in 2018 with an increase of 44%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Brazil (X tons) and South Korea (X tons) were the main suppliers of illuminated sign imports to Peru, with a combined 89% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +28.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Brazil ($X) and South Korea ($X) were the largest illuminated sign suppliers to Peru, together comprising 73% of total imports.

Among the main suppliers, South Korea, with a CAGR of +41.6%, saw the highest growth rate of 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 illuminated sign import price stood at $X per ton in 2021, increasing by 9.7% against the previous year. Over the period under review, the import price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 15%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, 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 South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for illuminated signs and illuminated name-plates in the world?

The country with the largest volume of illuminated sign consumption was China, comprising approx. 28% of total volume. Moreover, illuminated sign consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was held by Turkey, with a 7.5% share.

What are the largest producers of illuminated signs and illuminated name-plates in the world?

The country with the largest volume of illuminated sign production was China, accounting for 33% of total volume. Moreover, illuminated sign production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Turkey ranked third in terms of total production with a 7.9% share.

What are the leading suppliers of illuminated signs and illuminated name-plates to Peru?

In value terms, the largest illuminated sign suppliers to Peru were China, Brazil and South Korea, together comprising 73% of total imports.

What are the leading importers of illuminated signs and illuminated name-plates from Peru?

In value terms, Ecuador, the Dominican Republic and the United States constituted the largest markets for illuminated sign exported from Peru worldwide, with a combined 73% share of total exports.

What is the average export price for illuminated signs and illuminated name-plates in Peru?

In 2021, the average illuminated sign export price amounted to $6,581 per ton, waning by -33.3% against the previous year.

What is the average import price for illuminated signs and illuminated name-plates in Peru?

In 2021, the average illuminated sign import price amounted to $13,331 per ton, picking up by 9.7% against the previous year.

This report provides an in-depth analysis of the illuminated sign 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 27402400 - Illuminated signs, illuminated name-plates and the like (including road signs)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023