Speed Changer Price in Peru - 2021
Contents:
- Speed Changer Price in Peru (CIF) - 2022
- Speed Changer Price in Peru (FOB) - 2022
- Speed Changer Imports in Peru
- Speed Changer Exports in Peru
Speed Changer Price in Peru (CIF) - 2022
In 2022, the average speed changer import price amounted to $21,034 per ton, rising by 2.5% against the previous year. Over the last nine years, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2015 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the maximum at $23,264 per ton in 2018; however, from 2019 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 ($36,408 per ton), while the price for China ($6,403 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Speed Changer Price in Peru (FOB) - 2022
In 2022, the average speed changer export price amounted to $18,676 per ton, reducing by -13.1% against the previous year. Overall, the export price showed a perceptible decline. The pace of growth appeared the most rapid in 2014 when the average export price increased by 16%. As a result, the export price reached the peak level of $26,294 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($24,556 per ton), while the average price for exports to Panama ($12,130 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+13.0%), while the prices for the other major destinations experienced a decline.
Speed Changer Imports in Peru
Speed changer imports into Peru declined to 4.9K tons in 2022, shrinking by -9.6% against the previous year. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 24%. As a result, imports reached the peak of 5.4K tons, and then fell in the following year.
In value terms, speed changer imports declined to $104M in 2022. Overall, imports recorded a pronounced decline. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of $112M, and then shrank in the following year.
| Import of Speed Changer in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 53.2 | 53.3 | 49.4 | 49.2 | -2.6% |
| Germany | 16.3 | 10.7 | 12.6 | 11.6 | -10.7% |
| China | 7.5 | 9.1 | 11.6 | 10.7 | 12.6% |
| Italy | 6.7 | 5.1 | 5.7 | 4.3 | -13.7% |
| Brazil | 3.0 | 4.3 | 3.8 | 3.4 | 4.3% |
| Finland | 1.2 | 0.9 | 1.5 | 1.5 | 7.7% |
| India | 0.5 | 0.2 | 1.7 | 1.3 | 37.5% |
| Australia | 4.3 | 1.1 | 3.3 | 1.2 | -34.7% |
| Others | 18.0 | 10.7 | 22.1 | 20.3 | 4.1% |
| Total | 111 | 95.4 | 112 | 104 | -2.1% |
Top Suppliers of Speed Changer to Peru in 2022:
- China (1664.2 tons)
- United States (1352.0 tons)
- Germany (432.1 tons)
- Italy (223.7 tons)
- Brazil (217.9 tons)
- India (101.8 tons)
- Finland (70.9 tons)
- Australia (47.2 tons)
Speed Changer Exports in Peru
In 2022, after two years of decline, there was significant growth in shipments abroad of speed changers, industrial high-speed drives and gear, when their volume increased by 27% to 131 tons. Overall, exports, however, continue to indicate a abrupt descent.
In value terms, speed changer exports reached $2.4M in 2022. In general, exports, however, faced a deep reduction.
| Export of Speed Changer in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,464 | 1,306 | 593 | 1,088 | -23.9% |
| Czech Republic | N/A | N/A | 106 | 293 | 176.4% |
| Chile | 775 | 533 | 312 | 261 | -30.4% |
| Bolivia | 121 | 102 | 258 | 143 | 5.7% |
| Ecuador | 167 | 244 | 166 | 56.9 | -30.2% |
| Colombia | 98.1 | 89.2 | 177 | 43.5 | -23.7% |
| Panama | 66.2 | 134 | 78.0 | 41.0 | -14.8% |
| Zambia | 279 | 17.1 | 133 | 1.9 | -81.0% |
| Others | 507 | 261 | 388 | 521 | 0.9% |
| Total | 4,479 | 2,686 | 2,211 | 2,449 | -18.2% |
Top Export Markets for Speed Changer from Peru in 2022:
- Zambia (undefined tons)
- United States (67.0 tons)
- Chile (13.2 tons)
- Czech Republic (12.2 tons)
- Bolivia (5.8 tons)
- Ecuador (3.6 tons)
- Panama (3.4 tons)
- Colombia (2.8 tons)
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