Report Update Nov 1, 2024

Peru - Jacks and Hoists for Raising Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Jacks And Hoists Market 2024

Jacks And Hoists Market Size in Peru

In 2022, after three years of decline, there was significant growth in the Peruvian jacks and hoists market, when its value increased by 7.5% to $X. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Jacks and hoists consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Jacks And Hoists Exports

Exports from Peru

After four years of decline, overseas shipments of jacks and hoists for raising vehicles increased by 127% to X units in 2022. In general, exports enjoyed a measured expansion. The growth pace was the most rapid in 2017 with an increase of 335%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, jacks and hoists exports soared to $X in 2022. Overall, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 2,333%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Chile (X units) was the main destination for jacks and hoists exports from Peru, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Chile stood at -1.6%.

In value terms, Chile ($X) also remains the key foreign market for jacks and hoists for raising vehicles exports from Peru.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile stood at +4.7%.

Export Prices by Country

In 2022, the average jacks and hoists export price amounted to $X per unit, declining by -37.4% against the previous year. Over the period under review, the export price, however, recorded a resilient expansion. The growth pace was the most rapid in 2017 an increase of 459% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +22.8% per year.

Jacks And Hoists Imports

Imports into Peru

In 2022, after three years of decline, there was growth in purchases abroad of jacks and hoists for raising vehicles, when their volume increased by 3.9% to X units. Over the period under review, imports recorded a temperate expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 73% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, jacks and hoists imports rose notably to $X in 2022. Overall, imports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by 33%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest jacks and hoists supplier to Peru, with a 87% share of total imports. Moreover, jacks and hoists imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+3.2% per year) and Spain (+20.3% per year).

In value terms, China ($X) constituted the largest supplier of jacks and hoists for raising vehicles to Peru, comprising 38% of total imports. The second position in the ranking was held by Brazil ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+1.9% per year) and Spain (+13.9% per year).

Import Prices by Country

The average jacks and hoists import price stood at $X per unit in 2022, with an increase of 8.9% against the previous year. Overall, the import price, however, recorded a deep setback. The growth pace was the most rapid in 2017 when the average import price increased by 24% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for jacks and hoists for raising vehicles in the world?

The United States remains the largest jacks and hoists consuming country worldwide, accounting for 26% of total volume. Moreover, jacks and hoists consumption in the United States exceeded the figures recorded by the second-largest consumer, India, threefold. Canada ranked third in terms of total consumption with an 8% share.

What are the largest producers of jacks and hoists for raising vehicles in the world?

The country with the largest volume of jacks and hoists production was China, accounting for 56% of total volume. Moreover, jacks and hoists production in China exceeded the figures recorded by the second-largest producer, India, sixfold. The third position in this ranking was occupied by Canada, with a 6.6% share.

What are the leading suppliers of jacks and hoists for raising vehicles to Peru?

In value terms, China, the United States and Brazil were the largest jacks and hoists suppliers to Peru, together accounting for 70% of total imports. These countries were followed by India, which accounted for a further 1.2%.

What are the leading importers of jacks and hoists for raising vehicles from Peru?

In value terms, Chile remains the key foreign market for jacks and hoists exports from Peru.

What is the average export price for jacks and hoists for raising vehicles in Peru?

In 2021, the average jacks and hoists export price amounted to $31 per unit, standing approx. at the previous year.

What is the average import price for jacks and hoists for raising vehicles in Peru?

The average jacks and hoists import price stood at $23 per unit in 2021, waning by -44.5% against the previous year.

This report provides an in-depth analysis of the jacks and hoists market in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28221370 - Jacks and hoists of a kind used for raising vehicles (excluding built-in jacking systems of a kind used in garages, hydraulic jacks and hoists)

Country coverage:

Peru

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Peru
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023