Report Update Nov 1, 2024

Peru - Steam Turbines and Other Vapor Turbines - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Steam Turbine Market 2024

Steam Turbine Market Size in Peru

In 2021, after three years of growth, there was significant decline in the Peruvian steam turbine market, when its value decreased by -62.1% to $X. Over the period under review, consumption, however, enjoyed a buoyant increase. Steam turbine consumption peaked at $X in 2020, and then dropped significantly in the following year.

Steam Turbine Exports

Exports from Peru

In 2017, shipments abroad of steam turbines and other vapor turbines decreased by 0% to X units, falling for the second year in a row after two years of decline. Over the period under review, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2016. The exports peaked at X units in 2015; however, from 2016 to 2017, the exports remained at a lower figure.

In value terms, steam turbine exports reduced markedly to $X in 2017. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 19% against the previous year. As a result, the exports reached the peak of $X, and then declined markedly in the following year.

Exports by Country

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

From 2013 to 2017, the average annual growth rate of volume to Chile was relatively modest.

From 2013 to 2017, the average annual growth rate of value to Chile amounted to +20.2%.

Export Prices by Country

The average steam turbine export price stood at $X per unit in 2017, standing approx. at the previous year. Over the period under review, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2016 a decrease of 99.9%. Over the period under review, the average export prices reached the peak figure in 2017 and is expected to retain growth in the immediate term.

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

From 2013 to 2017, the rate of growth in terms of prices for Chile amounted to +20.2% per year.

Steam Turbine Imports

Imports into Peru

In 2021, after three years of growth, there was significant decline in supplies from abroad of steam turbines and other vapor turbines, when their volume decreased by -65.9% to X units. In general, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by 3,131%. Over the period under review, imports attained the maximum at X units in 2020, and then contracted significantly in the following year.

In value terms, steam turbine imports declined significantly to $X in 2021. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2019 when imports increased by 1,839%. Imports peaked at $X in 2020, and then reduced dramatically in the following year.

Imports by Country

Germany (X units), Brazil (X units) and the Czech Republic (X units) were the main suppliers of steam turbine imports to Peru, with a combined 99% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +118.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of steam turbines and other vapor turbines to Peru, comprising 71% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 19% share of total imports. It was followed by Brazil, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +50.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+14.7% per year) and Brazil (+26.6% per year).

Import Prices by Country

The average steam turbine import price stood at $X per unit in 2021, surging by 142% against the previous year. Overall, the import price saw a resilient increase. The growth pace was the most rapid in 2015 an increase of 729%. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for steam turbines and other vapor turbines in the world?

The countries with the highest volumes of in 2021 were China, India and Indonesia, together accounting for 72% of global consumption. These countries were followed by Sweden, Turkey, Germany, Japan and Mongolia, which together accounted for a further 16%.

What are the largest producers of steam turbines and other vapor turbines in the world?

The countries with the highest volumes of in 2021 were China, India and Sweden, together accounting for 82% of global production.

What are the leading suppliers of steam turbines and other vapor turbines to Peru?

In value terms, the United States constituted the largest supplier of steam turbine to Peru, comprising 92% of total imports. The second position in the ranking was occupied by the Czech Republic, with a 6.1% share of total imports.

What is the average export price for steam turbines and other vapor turbines in Peru?

In 2017, the average steam turbine export price amounted to $316 per unit, approximately equating the previous year.

What is the average import price for steam turbines and other vapor turbines in Peru?

In 2021, the average steam turbine import price amounted to $984 per unit, declining by -24.3% against the previous year.

This report provides an in-depth analysis of the steam turbine 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 28112130 -
Prodcom 28112150 -

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