Peru: Market for Ultraviolet Or Infrared Lamps And Arc Lamps 2025

Market Size for Ultraviolet Or Infrared Lamps And Arc Lamps in Peru

The Peruvian market for ultraviolet or infrared lamps and arc lamps reduced sharply to $X in 2021, with a decrease of -25% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a measured increase. As a result, consumption attained the peak level of $X, and then fell dramatically in the following year.

Exports of Ultraviolet Or Infrared Lamps And Arc Lamps

Exports from Peru

In 2021, overseas shipments of ultraviolet or infrared lamps and arc lamps increased by 295% to X units, rising for the second year in a row after two years of decline. Overall, exports showed resilient growth. The growth pace was the most rapid in 2017 with an increase of 437% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, ultraviolet, infrared, or arc lamp exports surged to $X in 2021. Over the period under review, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 445% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Bolivia (X units), Ecuador (X units) and Chile (X units) were the main destinations of ultraviolet, infrared, or arc lamp exports from Peru.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bolivia (with a CAGR of +77.1%), while the other leaders experienced mixed trend patterns.

In value terms, Bolivia ($X), Ecuador ($X) and Chile ($X) appeared to be the largest markets for ultraviolet, infrared, or arc lamp exported from Peru worldwide.

Among the main countries of destination, Bolivia, with a CAGR of +45.0%, 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 mixed trend patterns.

Export Prices by Country

In 2021, the average export price for ultraviolet or infrared lamps and arc lamps amounted to $X per unit, increasing by 28% against the previous year. Overall, the export price continues to indicate a moderate expansion. The growth pace was the most rapid in 2016 when the average export price increased by 152%. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Ecuador ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+79.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ultraviolet Or Infrared Lamps And Arc Lamps

Imports into Peru

In 2021, approx. X units of ultraviolet or infrared lamps and arc lamps were imported into Peru; reducing by -26.3% compared with the year before. In general, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 375%. As a result, imports reached the peak of X units, and then shrank markedly in the following year.

In value terms, ultraviolet, infrared, or arc lamp imports shrank significantly to $X in 2021. Overall, total imports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +81.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 134% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest ultraviolet, infrared, or arc lamp supplier to Peru, with a 75% share of total imports. Moreover, ultraviolet, infrared, or arc lamp imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The United States (X units) ranked third in terms of total imports with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.5% per year) and the United States (-0.9% per year).

In value terms, the largest ultraviolet, infrared, or arc lamp suppliers to Peru were China ($X), the United States ($X) and Germany ($X), together comprising 73% of total imports. Japan, the UK, Hungary, Poland and South Korea lagged somewhat behind, together comprising a further 10%.

In terms of the main suppliers, Poland, with a CAGR of +37.2%, saw the highest rates of growth with regard to 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

In 2021, the average import price for ultraviolet or infrared lamps and arc lamps amounted to $X per unit, rising by 5.5% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2014 an increase of 52% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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