Peru: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA 2024

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA in Peru

In 2021, the Peruvian market for diesel or semi-diesel electric generating sets of output under X kVA increased by 30% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption enjoyed mild growth. Consumption of peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Diesel or Semi-Diesel Electric Generating Sets of Output Under X kVA in Peru

In value terms, production of diesel or semi-diesel electric generating sets of output under X kVA fell sharply to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 1,004%. Over the period under review, production of reached the maximum level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA

Exports from Peru

In 2021, overseas shipments of diesel or semi-diesel electric generating sets of output under X kVA increased by 5.3% to X units, rising for the fourth year in a row after four years of decline. In general, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 121%. Over the period under review, the exports of attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, exports of diesel or semi-diesel electric generating sets of output under X kVA expanded markedly to $X in 2021. Over the period under review, exports showed a resilient expansion. The growth pace was the most rapid in 2018 when exports increased by 103%. Over the period under review, the exports of attained the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

The United States (X units) was the main destination for exports of diesel or semi-diesel electric generating sets of output under X kVA from Peru, accounting for a 68% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output under X kVA to the United States exceeded the volume sent to the second major destination, Colombia (X units), eightfold. The third position in this ranking was held by Ecuador (X units), with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +94.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (-9.3% per year) and Ecuador (+3.4% per year).

In value terms, the United States ($X) remains the key foreign market for diesel or semi-diesel electric generating sets of output under X kVA exports from Peru, comprising 68% of total exports. The second position in the ranking was held by Colombia ($X), with a 7.7% share of total exports. It was followed by Ecuador, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +89.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (-11.5% per year) and Ecuador (+3.3% per year).

Export Prices by Country

In 2021, the average export price for diesel or semi-diesel electric generating sets of output under X kVA amounted to $X per unit, increasing by 4.8% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 7.7% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Panama ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+10.5%), while the prices for the other major destinations experienced a decline.

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA

Imports into Peru

In 2021, the amount of diesel or semi-diesel electric generating sets of output under X kVA imported into Peru skyrocketed to X units, jumping by 61% compared with the previous year's figure. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 147% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, imports of diesel or semi-diesel electric generating sets of output under X kVA skyrocketed to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports of attained the peak figure at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest diesel or semi-diesel electric generating set of output under X kVA supplier to Peru, accounting for a 87% share of total imports. It was followed by the United States (X units), with a 2.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.4% per year) and Brazil (+11.0% per year).

In value terms, China ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output under X kVA to Peru, comprising 45% of total imports. The second position in the ranking was held by Brazil ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+3.8% per year) and the United States (-13.6% per year).

Import Prices by Country

The average import price for diesel or semi-diesel electric generating sets of output under X kVA stood at $X per unit in 2021, rising by 4.8% against the previous year. Over the period under review, the import price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 13% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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