Peru: Tow-Behind Air Compressor Market 2025

Tow-Behind Air Compressor Market Size in Peru

The Peruvian tow-behind air compressor market fell markedly to $X in 2022, which is down by -57.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a significant expansion. Over the period under review, the market hit record highs at $X in 2021, and then fell notably in the following year.

Tow-Behind Air Compressor Exports

Exports from Peru

Tow-behind air compressor exports from Peru contracted notably to X units in 2022, falling by -20% compared with the previous year's figure. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 95% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, tow-behind air compressor exports reduced notably to $X in 2022. In general, exports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 185% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X units), Germany (X units) and Guyana (X units) were the main destinations of tow-behind air compressor exports from Peru, with a combined 19% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Bolivia (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tow-behind air compressor exported from Peru were Mexico ($X), Bolivia ($X) and Colombia ($X), with a combined 61% share of total exports. Senegal, Ecuador, Chile, Panama, Germany, the Dominican Republic, Guyana, Spain, Nicaragua and the Netherlands lagged somewhat behind, together accounting for a further 27%.

Germany, with a CAGR of +58.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average tow-behind air compressor export price amounted to $X per unit, falling by -5.4% against the previous year. In general, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 142%. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to the Netherlands ($X 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 Germany (+58.9%), while the prices for the other major destinations experienced more modest paces of growth.

Tow-Behind Air Compressor Imports

Imports into Peru

In 2022, the amount of air compressors mounted on a wheeled chassis for towing imported into Peru shrank rapidly to X units, which is down by -57.9% on the previous year's figure. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 784%. Imports peaked at X units in 2021, and then shrank rapidly in the following year.

In value terms, tow-behind air compressor imports contracted sharply to $X in 2022. In general, imports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2021 when imports increased by 98%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest tow-behind air compressor supplier to Peru, with a 80% share of total imports. Moreover, tow-behind air compressor imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The third position in this ranking was held by Chile (X units), with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +34.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+49.7% per year) and Chile (+81.8% per year).

In value terms, the largest tow-behind air compressor suppliers to Peru were Germany ($X), the United States ($X) and China ($X), together accounting for 54% of total imports. Chile lagged somewhat behind, accounting for a further 1.3%.

Chile, with a CAGR of +48.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average tow-behind air compressor import price amounted to $X per unit, jumping by 79% against the previous year. Over the period under review, the import price, however, faced a precipitous decline. The import price peaked at $X per unit in 2012; however, from 2013 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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-18.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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