Report Update Feb 1, 2025

Peru - Vehicles not Mechanically Propelled - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Non-Propelled Vehicle Market 2025

Non-Propelled Vehicle Market Size in Peru

For the sixth consecutive year, the Peruvian non-propelled vehicle market recorded growth in sales value, which increased by 43% to $X in 2021. In general, consumption recorded a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Non-Propelled Vehicle Exports

Exports from Peru

Non-propelled vehicle exports from Peru contracted rapidly to X units in 2021, which is down by -96.2% against 2020. In general, exports continue to indicate a precipitous setback. The growth pace was the most rapid in 2014 when exports increased by 177%. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, non-propelled vehicle exports reduced dramatically to $X in 2021. Overall, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 143%. Over the period under review, the exports reached the peak figure at $X in 2020, and then shrank significantly in the following year.

Exports by Country

Bolivia (X units), Chile (X units) and the United States (X units) were the main destinations of non-propelled vehicle exports from Peru, with a combined 73% share of total exports. These countries were followed by Mexico, Ecuador, Costa Rica, Cuba and Uruguay, which together accounted for a further 23%. Moreover, non-propelled vehicle exports in Bolivia exceeded the figures recorded by the second-largest exporter, Chile, twofold.

From 2012 to 2021, the biggest increases were in Costa Rica (with a CAGR of +26.0%), while shipments for the other leaders experienced a decline.

In value terms, Bolivia ($X) emerged as the key foreign market for non-propelled vehicle exports from Peru, comprising 54% of total exports. The second position in the ranking was held by the United States ($X), with a 12% share of total exports. It was followed by Chile, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value to Bolivia amounted to -13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-15.7% per year) and Chile (-14.2% per year).

Export Prices by Country

The average non-propelled vehicle export price stood at $X per unit in 2021, rising by 216% against the previous year. Over the period under review, the export price posted tangible growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Bolivia ($X per unit), while the average price for exports to Uruguay ($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 Mexico (+37.7%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Propelled Vehicle Imports

Imports into Peru

For the tenth consecutive year, Peru recorded growth in supplies from abroad of vehicles not mechanically propelled, which increased by 44% to X units in 2021. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 45% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, non-propelled vehicle imports skyrocketed to $X in 2021. Overall, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.6% 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 +77.9% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Mexico (X units) was the main non-propelled vehicle supplier to Peru, accounting for a 93% share of total imports. Moreover, non-propelled vehicle imports from Mexico exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Mexico stood at +28.7%.

In value terms, China ($X) and Mexico ($X) constituted the largest non-propelled vehicle suppliers to Peru.

Among the main suppliers, Mexico, with a CAGR of +9.1%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average non-propelled vehicle import price stood at $X per unit in 2021, falling by -2.1% against the previous year. In general, the import price faced a deep slump. The pace of growth appeared the most rapid in 2017 an increase of 11%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vehicles not mechanically propelled in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 44% of global consumption. Russia, Brazil, the UK, Italy, Germany, Japan, Mexico, South Korea, Thailand and France lagged somewhat behind, together comprising a further 28%.

What are the largest producers of vehicles not mechanically propelled in the world?

The country with the largest volume of non-propelled vehicle production was China, comprising approx. 58% of total volume. Moreover, non-propelled vehicle production in China exceeded the figures recorded by the second-largest producer, India, sixfold. Brazil ranked third in terms of total production with a 3.8% share.

What are the leading suppliers of vehicles not mechanically propelled to Peru?

In value terms, the largest non-propelled vehicle suppliers to Peru were China and Mexico.

What are the leading importers of vehicles not mechanically propelled from Peru?

In value terms, Chile remains the key foreign market for non-propelled vehicle exports from Peru, comprising 74% of total exports. The second position in the ranking was occupied by the United States, with a 19% share of total exports.

What is the average export price for vehicles not mechanically propelled in Peru?

In 2021, the average non-propelled vehicle export price amounted to $92 per unit, almost unchanged from the previous year.

What is the average import price for vehicles not mechanically propelled in Peru?

In 2021, the average non-propelled vehicle import price amounted to $8.3 per unit, picking up by 2.9% against the previous year.

This report provides an in-depth analysis of the non-propelled vehicle 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 30991000 - Vehicles not mechanically propelled including industry trolleys, barrows, luggage trucks, hopper-trucks, hand pulled golf trolleys excluding shopping trolleys

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