Report Update: May 1, 2024

Peru - Hydraulic Cylinders And Systems - Market Analysis, Forecast, Size, Trends And Insights

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Price for Hydraulic Cylinder and System in Peru - 2021

Price for Hydraulic Cylinder and System in Peru (CIF) - 2021

The average hydraulic cylinder and system import price stood at $735 per unit in April 2020, with a decrease of -50.7% against the previous month. In general, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in March 2020 when the average import price increased by 53% m-o-m. As a result, import price attained the peak level of $1,490 per unit, and then contracted markedly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($2,558 per unit), while the price for Brazil ($185 per unit) was amongst the lowest.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Japan (+18.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Hydraulic Cylinder and System in Peru (FOB) - 2021

The average hydraulic cylinder and system export price stood at $572 per unit in March 2020, which is down by -26.2% against the previous month. Over the period under review, the export price continues to indicate a abrupt descent. As a result, the export price reached the peak level of $813 per unit. From February 2020 to March 2020, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From January 2020 to March 2020, the rate of growth in terms of prices for the United States amounted to -16.5% per month.

Imports of Hydraulic Cylinder and System in Peru

In 2022, imports of hydraulic cylinders and systems into Peru dropped markedly to 23K units, waning by -18.7% compared with the year before. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. Over the period under review, imports attained the peak figure at 33K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, hydraulic cylinder and system imports dropped significantly to $19M in 2022. Overall, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 69% against the previous year. As a result, imports reached the peak of $24M, and then shrank markedly in the following year.

Import of Hydraulic Cylinder and System in Peru (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	9.0	8.0	7.4	7.1	-7.6%
Germany	3.8	2.6	2.6	2.6	-11.9%
Japan	1.3	0.8	2.6	2.1	17.3%
Brazil	1.6	0.7	2.1	1.7	2.0%
Sweden	1.5	1.6	1.6	1.4	-2.3%
Mexico	1.2	1.1	1.1	1.0	-5.9%
China	0.9	1.0	1.1	0.9	0.0%
Finland	0.9	0.5	0.8	0.6	-12.6%
Turkey	0.2	0.1	0.5	0.4	26.0%
Chile	1.3	0.1	0.1	0.4	-32.5%
Spain	0.2	0.1	0.4	0.3	14.5%
Others	2.0	-2.3	3.8	0.7	-29.5%
Total	24.0	14.3	24.2	19.2	-7.2%

Top Suppliers of Hydraulic Cylinder and System to Peru in 2022:

Brazil (46.2M units)
United States (39.5M units)
Germany (17.0M units)
China (12.3M units)
Japan (11.9M units)
Turkey (9.6M units)
Sweden (7.9M units)
Mexico (7.2M units)
Spain (5.0M units)
Chile (4.3M units)
Finland (2.9M units)

Exports of Hydraulic Cylinder and System in Peru

In 2022, hydraulic cylinder and system exports from Peru soared to 1.8K units, rising by 56% on 2021 figures. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at 2.5K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydraulic cylinder and system exports soared to $1.3M in 2022. Overall, exports saw a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 67%. As a result, the exports attained the peak of $1.8M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Hydraulic Cylinder and System in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	795	802	412	775	-0.8%
Chile	18.0	690	148	294	153.7%
Netherlands	112	127	1.2	93.4	-5.9%
Germany	76.2	1.9	36.0	47.7	-14.5%
Ecuador	1.1	3.1	19.3	21.1	167.7%
Spain	N/A	N/A	44.1	N/A	0%
South Africa	N/A	170	6.9	N/A	-95.9%
Others	104	54.0	152	102	-0.6%
Total	1,107	1,849	819	1,334	6.4%

Top Export Markets for Hydraulic Cylinder and System from Peru in 2022:

United States (6.4M units)
Chile (2.6M units)
Ecuador (0.3M units)
Netherlands (0.2M units)
Germany (0.2M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for hydraulic cylinder and system 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 28121130 - Hydraulic cylinders
Prodcom 28121630 - Hydraulic systems (power packs with actuators)

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