Peru: Market for Air conditioning Machines without Refrigeration Unit 2025

Market Size for Air conditioning Machines without Refrigeration Unit in Peru

The Peruvian market for air conditioning machines without refrigeration unit declined to $X in 2022, falling by -12.9% 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). Over the period under review, consumption, however, showed a relatively flat trend pattern. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Exports of Air conditioning Machines without Refrigeration Unit

Exports from Peru

In 2022, shipments abroad of air conditioning machines without refrigeration unit decreased by -37.8% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,300% against the previous year. The exports peaked at X units in 2021, and then fell rapidly in the following year.

In value terms, exports of air conditioning machines without refrigeration unit fell dramatically to $X in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 4,227%. Over the period under review, the exports of reached the maximum at $X in 2021, and then shrank significantly in the following year.

Exports by Country

Ecuador (X units), Costa Rica (X units) and the United States (X units) were the main destinations of exports of air conditioning machines without refrigeration unit from Peru, with a combined 96% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +100.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X), the United States ($X) and Costa Rica ($X) were the largest markets for air conditioning machins without refrigeration unit exported from Peru worldwide, together accounting for 98% of total exports.

The United States, with a CAGR of +81.5%, saw 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

The average export price for air conditioning machines without refrigeration unit stood at $X per unit in 2022, with an increase of 7.8% against the previous year. Overall, the export price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of 230%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Chile ($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 Panama (+55.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Air conditioning Machines without Refrigeration Unit

Imports into Peru

Imports of air conditioning machines without refrigeration unit into Peru declined to X units in 2022, which is down by -11.6% on the previous year. In general, imports, however, posted a mild increase. The most prominent rate of growth was recorded in 2019 with an increase of 848%. Over the period under review, imports of hit record highs at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of air conditioning machines without refrigeration unit dropped to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 757% against the previous year. Over the period under review, imports of attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the United States (X units) and Italy (X units) were the main suppliers of imports of air conditioning machines without refrigeration unit to Peru, with a combined 57% share of total imports. Argentina, Malaysia, Brazil, Taiwan (Chinese) and Slovakia lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +44.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), the United States ($X) and Italy ($X) constituted the largest air conditioning machins without refrigeration unit suppliers to Peru, with a combined 54% share of total imports. China, Malaysia, Brazil, Taiwan (Chinese) and Slovakia lagged somewhat behind, together accounting for a further 22%.

Malaysia, with a CAGR of +36.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for air conditioning machines without refrigeration unit stood at $X per unit in 2022, waning by -2.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 27%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform