Report Update Feb 1, 2025

Peru - Tools of Wood - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Wood Tool Market 2025

Wood Tool Market Size in Peru

After three years of decline, the Peruvian wood tool market increased by 35% to $X in 2021. Over the period under review, consumption recorded a buoyant expansion. Wood tool consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Wood Tool Production in Peru

In value terms, wood tool production surged to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. Wood tool production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Wood Tool Exports

Exports from Peru

For the third year in a row, Peru recorded growth in overseas shipments of tools of wood, which increased by 2,250% to X tons in 2021. In general, exports posted a resilient expansion. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, wood tool exports soared to $X in 2021. Overall, exports showed a significant expansion. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The Dominican Republic (X tons) was the main destination for wood tool exports from Peru, accounting for a 81% share of total exports. Moreover, wood tool exports to the Dominican Republic exceeded the volume sent to the second major destination, Mexico (X kg), more than tenfold. Chile (X kg) ranked third in terms of total exports with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Dominican Republic stood at +86.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-11.2% per year) and Chile (+8.5% per year).

In value terms, the Dominican Republic ($X) remains the key foreign market for tools of wood exports from Peru, comprising 65% of total exports. The second position in the ranking was taken by Mexico ($X), with a 5.9% share of total exports. It was followed by Bolivia, with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Dominican Republic amounted to +100.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-7.4% per year) and Bolivia (+27.3% per year).

Export Prices by Country

In 2021, the average wood tool export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price continues to indicate a tangible expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 42% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, 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 Bolivia (+13.1%), while the prices for the other major destinations experienced mixed trend patterns.

Wood Tool Imports

Imports into Peru

In 2021, overseas purchases of tools of wood increased by 34% to X tons, rising for the second consecutive year after two years of decline. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,024% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, wood tool imports surged to $X in 2021. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 896% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of wood tool to Peru, with a 98% share of total imports. It was followed by Chile (X tons), with a 1.3% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +27.2%.

In value terms, China ($X) constituted the largest supplier of tools of wood to Peru, comprising 89% of total imports. The second position in the ranking was held by Chile ($X), with a 4.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +27.4%.

Import Prices by Country

In 2021, the average wood tool import price amounted to $X per ton, waning by -13.2% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 69% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tools of wood in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 33% share of global consumption. These countries were followed by Italy, Russia, South Africa, Brazil, Japan, Indonesia, France, Mexico, Pakistan and Germany, which together accounted for a further 40%.

What are the largest producers of tools of wood in the world?

The country with the largest volume of wood tool production was China, accounting for 29% of total volume. Moreover, wood tool production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 7.5% share.

What are the leading suppliers of tools of wood to Peru?

In value terms, China constituted the largest supplier of wood tool to Peru.

What is the average export price for tools of wood in Peru?

The average wood tool export price stood at $5,892 per ton in 2021, waning by -20.8% against the previous year.

What is the average import price for tools of wood in Peru?

In 2021, the average wood tool import price amounted to $576 per ton, declining by -1.9% against the previous year.

This report provides an in-depth analysis of the wood tool 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 16291130 - Tools, tool bodies and handles and broom or brush bodies and handles of wood, boot and shoe lasts and trees of wood

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024