Peru: Electric Filament Lamp Market 2025

Electric Filament Lamp Market Size in Peru

In 2021, the Peruvian electric filament lamp market was finally on the rise to reach $X after two years of decline. In general, consumption, however, recorded a deep contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Electric Filament Lamp Exports

Exports from Peru

In 2021, after two years of decline, there was significant growth in shipments abroad of electric filament lamps, when their volume increased by 173% to X units. Over the period under review, exports saw a perceptible expansion. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, electric filament lamp exports skyrocketed to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 226%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Colombia (X units) was the main destination for electric filament lamp exports from Peru, with a 4.6% share of total exports. Moreover, electric filament lamp exports to Colombia exceeded the volume sent to the second major destination, Brazil (X units), fourfold. The third position in this ranking was held by Guyana (X units), with a 0.8% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to Colombia totaled -9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+107.9% per year) and Guyana (+14.6% per year).

In value terms, the largest markets for electric filament lamp exported from Peru were Brazil ($X), the United States ($X) and Guyana ($X), with a combined 47% share of total exports.

Brazil, with a CAGR of +128.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average electric filament lamp export price stood at $X per unit in 2020, surging by 38% against the previous year. In general, export price indicated buoyant growth from 2012 to 2020: its price increased at an average annual rate of +6.7% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, electric filament lamp export price increased by +15.4% against 2015 indices. The most prominent rate of growth was recorded in 2015 an increase of 65%. The export price peaked in 2020 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Colombia ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Filament Lamp Imports

Imports into Peru

In 2021, after four years of decline, there was significant growth in overseas purchases of electric filament lamps, when their volume increased by 6.4% to X units. Overall, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 16%. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, electric filament lamp imports soared to $X in 2021. In general, imports, however, saw a deep reduction. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Poland (X units), China (X units) and Germany (X units) were the main suppliers of electric filament lamp imports to Peru, with a combined 10% share of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +21.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Poland ($X) and Germany ($X) appeared to be the largest electric filament lamp suppliers to Peru, with a combined 84% share of total imports.

Among the main suppliers, China, with a CAGR of +8.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average electric filament lamp import price stood at $X per unit in 2020, waning by -4.1% against the previous year. In general, the import price showed a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 15%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2020, 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 Hungary ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Hungary (+14.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :