Peru: Electric Brazing Machine Market 2025

Electric Brazing Machine Market Size in Peru

The Peruvian electric brazing machine market contracted significantly to $X in 2022, reducing by -22.2% 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). In general, consumption, however, continues to indicate a slight expansion. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Electric Brazing Machine Exports

Exports from Peru

Electric brazing machine exports from Peru reduced notably to X units in 2022, which is down by -19.2% compared with the year before. In general, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2017 when exports increased by 572% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, electric brazing machine exports declined rapidly to $X in 2022. Overall, exports faced a sharp descent. The most prominent rate of growth was recorded in 2017 with an increase of 710%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina (X units) was the main destination for electric brazing machine exports from Peru, accounting for a 86% share of total exports. Moreover, electric brazing machine exports to Argentina exceeded the volume sent to the second major destination, Ecuador (X units), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina stood at -25.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (-22.6% per year) and Spain (-29.7% per year).

In value terms, Argentina ($X) remains the key foreign market for electric brazing or soldering machines and apparatus exports from Peru, comprising 94% of total exports. The second position in the ranking was held by Switzerland ($X), with a 3.7% share of total exports. It was followed by Spain, with a 1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina stood at -32.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-40.7% per year) and Spain (-26.7% per year).

Export Prices by Country

The average electric brazing machine export price stood at $X per unit in 2022, waning by -20.9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then contracted rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Brazil ($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 Switzerland (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Brazing Machine Imports

Imports into Peru

In 2022, approx. X units of electric brazing or soldering machines and apparatus were imported into Peru; shrinking by -22.5% on the previous year's figure. Overall, imports, however, showed a modest increase. The pace of growth was the most pronounced in 2014 when imports increased by 169%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, electric brazing machine imports fell significantly to $X in 2022. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 167% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest electric brazing machine supplier to Peru, with a 70% share of total imports. Moreover, electric brazing machine imports from China exceeded the figures recorded by the second-largest supplier, Colombia (X units), fivefold. The third position in this ranking was taken by the United States (X units), with a 3.8% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+51.2% per year) and the United States (-16.6% per year).

In value terms, the largest electric brazing machine suppliers to Peru were China ($X), Colombia ($X) and the United States ($X), together comprising 87% of total imports.

Colombia, with a CAGR of +50.1%, 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 more modest paces of growth.

Import Prices by Country

The average electric brazing machine import price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, showed a mild contraction. The growth pace was the most rapid in 2017 an increase of 26%. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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