Peru: Illuminated Sign Market 2025

Illuminated Sign Market Size in Peru

In 2021, the Peruvian illuminated sign market was finally on the rise to reach $X after four years of decline. Over the period under review, consumption, however, recorded a perceptible descent. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Illuminated Sign Production in Peru

In value terms, illuminated sign production rose remarkably to $X in 2021 estimated in export price. Overall, production, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2014 with an increase of 47%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Illuminated Sign Exports

Exports from Peru

In 2021, approx. X tons of illuminated signs and illuminated name-plates were exported from Peru; picking up by 123% compared with the previous year. Overall, exports, however, saw a deep downturn. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, illuminated sign exports soared to $X in 2021. Over the period under review, exports, however, saw a dramatic downturn. The pace of growth was the most pronounced in 2014 with an increase of 89% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Ecuador (X tons), Chile (X tons) and the Dominican Republic (X tons) were the main destinations of illuminated sign exports from Peru, together accounting for 84% of total exports.

From 2012 to 2021, the biggest increases were recorded for the Dominican Republic (with a CAGR of +64.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X), the Dominican Republic ($X) and the United States ($X) appeared to be the largest markets for illuminated sign exported from Peru worldwide, with a combined 73% share of total exports.

Among the main countries of destination, the Dominican Republic, with a CAGR of +30.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average illuminated sign export price stood at $X per ton in 2021, falling by -33.3% against the previous year. Over the period under review, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2014 an increase of 29% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+46.0%), while the prices for the other major destinations experienced a decline.

Illuminated Sign Imports

Imports into Peru

In 2021, purchases abroad of illuminated signs and illuminated name-plates decreased by -34.3% to X tons, falling for the third year in a row after three years of growth. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 104%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, illuminated sign imports declined notably to $X in 2021. Over the period under review, imports continue to indicate a mild decrease. The pace of growth was the most pronounced in 2018 with an increase of 44%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Brazil (X tons) and South Korea (X tons) were the main suppliers of illuminated sign imports to Peru, with a combined 89% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +28.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Brazil ($X) and South Korea ($X) were the largest illuminated sign suppliers to Peru, together comprising 73% of total imports.

Among the main suppliers, South Korea, with a CAGR of +41.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average illuminated sign import price stood at $X per ton in 2021, increasing by 9.7% against the previous year. Over the period under review, the import price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 15%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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