Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Peru - 2022

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Peru (CIF) - 2022
  2. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Peru (FOB) - 2022
  3. Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Peru
  4. Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Peru

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Peru (CIF) - 2022

In 2022, the average import price for electric motors and generators amounted to $59 per unit, reducing by -4.9% against the previous year. In general, the import price, however, showed resilient growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 90% against the previous year. Over the period under review, average import prices reached the maximum at $80 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($644 per unit), while the price for India ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Peru (FOB) - 2022

The average export price for electric motors and generators stood at $229 per unit in 2022, increasing by 17% against the previous year. Over the period under review, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 282%. As a result, the export price reached the peak level of $1,876 per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($633 per unit), while the average price for exports to Guyana ($35 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 Suriname (+100.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Peru

In 2022, the amount of electric motors and generators imported into Peru expanded slightly to 62K units, surging by 5% on 2021 figures. Over the period under review, imports, however, continue to indicate a mild contraction. The growth pace was the most rapid in 2021 with an increase of 34%. Imports peaked at 66K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electric motors and generators reduced slightly to $3.7M in 2022. Overall, imports, however, continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. Imports peaked at $5.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5257615381,79550.6%
China7725501,1558824.5%
Germany2,725350444198-58.3%
Mexico12217619217412.6%
Italy26025632894.9-28.5%
Brazil76.414489.771.3-2.3%
South Korea11.936.016.747.158.2%
India22.652.041.214.9-13.0%
Others749821893416-17.8%
Total5,2643,1463,6983,693-11.1%

Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Peru in 2022:

  1. China (38.6K units)
  2. Mexico (8.8K units)
  3. Brazil (4.2K units)
  4. United States (2.8K units)
  5. South Korea (1.6K units)
  6. Italy (1.2K units)
  7. India (1.1K units)
  8. Germany (0.9K units)

Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Peru

In 2022, after two years of decline, there was significant growth in overseas shipments of electric motors and generators, when their volume increased by 313% to 549 units. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of electric motors and generators skyrocketed to $126K in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The exports peaked at $274K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States27.913.616.160.029.1%
PanamaN/A2.6N/A20.9183.5%
BrazilN/AN/AN/A6.80%
EcuadorN/AN/A0.16.46300.0%
Bolivia49.63.92.45.6-51.7%
Costa RicaN/AN/AN/A4.30%
CubaN/A0.1N/A1.8324.3%
Spain20.8N/AN/A0.9-64.9%
Germany7.417.90.60.7-54.4%
Guyana2.01.62.60.1-63.2%
Suriname6.443.0N/AN/A571.9%
Others14.11914.418.08.5%
Total12827426.1126-0.5%

Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Peru in 2022:

  1. United States (200.0 units)
  2. Brazil (124.0 units)
  3. Bolivia (64.0 units)
  4. Costa Rica (57.0 units)
  5. Panama (33.0 units)
  6. Cuba (25.0 units)
  7. Ecuador (23.0 units)
  8. Guyana (4.0 units)
  9. Spain (2.0 units)
  10. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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