Report Update Nov 1, 2024

Peru - Portable Electric Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Portable Electric Lamp Market 2024

Portable Electric Lamp Market Size in Peru

In 2022, the Peruvian portable electric lamp market decreased by -7.8% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then fell in the following year.

Portable Electric Lamp Exports

Exports from Peru

In 2022, after four years of decline, there was significant growth in overseas shipments of portable electric lamps, when their volume increased by 15% to X units. Overall, exports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2017 when exports increased by 295%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, portable electric lamp exports shrank to $X in 2022. In general, exports, however, showed a noticeable contraction. The growth pace was the most rapid in 2014 with an increase of 145% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Chile (X units), Bolivia (X units) and the United States (X units) were the main destinations of portable electric lamp exports from Peru, together comprising 99% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +3.5%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for portable electric lamp exported from Peru were Bolivia ($X), the United States ($X) and Chile ($X), with a combined 99% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +14.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average portable electric lamp export price amounted to $X per unit, dropping by -16.7% against the previous year. Over the period under review, the export price, however, saw moderate growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 138% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Chile ($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 the United States (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Portable Electric Lamp Imports

Imports into Peru

In 2022, the amount of portable electric lamps imported into Peru reached X units, increasing by 5.1% on the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 14%. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, portable electric lamp imports declined to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of portable electric lamp to Peru, accounting for a approx. 99% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of portable electric lamps to Peru.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +1.5%.

Import Prices by Country

The average portable electric lamp import price stood at $X per unit in 2022, waning by -15.4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 41% against the previous year. As a result, import price reached the peak level of $X per unit, and then reduced dramatically in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for portable electric lamps in the world?

China constituted the country with the largest volume of portable electric lamp consumption, comprising approx. 24% of total volume. Moreover, portable electric lamp consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Japan ranked third in terms of total consumption with a 4.5% share.

What are the largest producers of portable electric lamps in the world?

China remains the largest portable electric lamp producing country worldwide, comprising approx. 79% of total volume. Moreover, portable electric lamp production in China exceeded the figures recorded by the second-largest producer, the United States, more than tenfold. Russia ranked third in terms of total production with a 3.4% share.

What are the leading suppliers of portable electric lamps to Peru?

In value terms, China constituted the largest supplier of portable electric lamp to Peru, comprising 93% of total imports. The second position in the ranking was occupied by the United States, with a 4.5% share of total imports.

What are the leading importers of portable electric lamps from Peru?

In value terms, the largest markets for portable electric lamp exported from Peru were Bolivia, Chile and Ecuador, together comprising 72% of total exports. These countries were followed by the United States and Colombia, which together accounted for a further 13%.

What is the average export price for portable electric lamps in Peru?

In 2020, the average portable electric lamp export price amounted to $2.8 per unit, waning by -63.7% against the previous year.

What is the average import price for portable electric lamps in Peru?

The average portable electric lamp import price stood at $0.8 per unit in 2020, with an increase of 1.9% against the previous year.

This report provides an in-depth analysis of the portable electric lamp 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 27402100 - Portable electric lamps worked by dry batteries, accumulators or magnetos (excluding for cycles or motor vehicles)

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