Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Peru - 2022

Contents:

1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Peru (CIF) - 2022
2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Peru (FOB) - 2022
3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Peru
4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Peru

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Peru (CIF) - 2022

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $38,137 per unit in 2022, dropping by -1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2016 when the average import price increased by 15%. The import price peaked at $39,059 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Germany ($135,939 per unit), while the price for Canada ($8,197 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Peru (FOB) - 2022

In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $41,190 per unit, declining by -30.1% against the previous year. In general, the export price, however, posted temperate growth. The growth pace was the most rapid in 2021 an increase of 148% against the previous year. As a result, the export price attained the peak level of $58,919 per unit, and then fell remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($96,459 per unit), while the average price for exports to Spain ($2,000 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 Venezuela (+47.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Peru

In 2022, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs into Peru surged to 1.5K units, picking up by 17% against the year before. Over the period under review, imports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 38% against the previous year. Over the period under review, imports of attained the maximum at 2.1K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs soared to $57M in 2022. In general, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. Imports peaked at $72M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Peru in 2022:

1. United States (835.0 units)
2. Japan (433.0 units)
3. South Korea (207.0 units)
4. Italy (13.0 units)

Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Peru

In 2022, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs from Peru fell sharply to 21 units, which is down by -22.2% compared with the previous year. Over the period under review, exports recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 50%. As a result, the exports reached the peak of 27 units, and then contracted sharply in the following year.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs fell notably to $865K in 2022. Overall, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 206% against the previous year. As a result, the exports reached the peak of $1.2M, and then contracted dramatically in the following year.

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Peru in 2022:

1. United States (8.0 units)
2. Chile (5.0 units)
3. Canada (1.0 units)
4. Barbados (1.0 units)
5. Portugal (1.0 units)
6. Panama (1.0 units)
7. United Kingdom (1.0 units)
8. Spain (1.0 units)
9. Belgium (1.0 units)
10. Ecuador (1.0 units)

Source: IndexBox Market Intelligence Platform