Peru - Seats - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Peru - Seats - Market Analysis, Forecast, Size, Trends and Insights

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Seat Price in Peru - 2021

Contents:

  1. Seat Price in Peru (CIF) - 2021
  2. Seat Price in Peru (FOB) - 2021
  3. Seat Imports in Peru
  4. Seat Exports in Peru

Seat Price in Peru (CIF) - 2021

The average seat import price stood at $51.3 per unit in April 2020, growing by 3% against the previous month. Over the period from January 2020 to April 2020, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in February 2020 when the average import price increased by 4.2% m-o-m. As a result, import price attained the peak level of $51.5 per unit. From March 2020 to April 2020, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($128 per unit), while the price for Portugal ($21.7 per unit) was amongst the lowest.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by the United States (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Seat Price in Peru (FOB) - 2021

The average seat export price stood at $25.0 per unit in March 2020, growing by 36% against the previous month. Over the period from January 2020 to March 2020, it increased at an average monthly rate of +9.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In March 2020, the country with the highest price was Chile ($143 per unit), while the average price for exports to Bolivia stood at $12.1 per unit.

From January 2020 to March 2020, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+188.9%).

Seat Imports in Peru

Seat imports into Peru fell modestly to 2.7M units in 2022, dropping by -4.2% compared with 2021 figures. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, imports reached the peak of 2.8M units, and then dropped in the following year.

In value terms, seat imports shrank modestly to $93M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of $97M, and then fell in the following year.

Import of Seat in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China60.052.880.476.38.3%
Ecuador1.10.60.81.10.0%
Others20.813.815.316.0-8.4%
Total81.967.296.693.44.5%

Top Suppliers of Seat to Peru in 2022:

  1. China (2483.1K units)
  2. Ecuador (67.6K units)

Seat Exports in Peru

Seat exports from Peru reduced notably to 552K units in 2022, waning by -59.4% compared with 2021. Over the period under review, exports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 413% against the previous year. As a result, the exports reached the peak of 1.4M units, and then contracted significantly in the following year.

In value terms, seat exports contracted significantly to $7M in 2022. Overall, exports, however, showed pronounced growth. The pace of growth was the most pronounced in 2021 when exports increased by 211% against the previous year. As a result, the exports reached the peak of $17M, and then dropped remarkably in the following year.

Export of Seat in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia4.12.43.64.53.2%
Chile1.32.012.21.0-8.4%
Ecuador0.10.10.20.10.0%
Others0.91.01.31.415.9%
Total6.45.617.37.03.0%

Top Export Markets for Seat from Peru in 2022:

  1. Bolivia (380.4K units)
  2. Chile (126.7K units)
  3. Ecuador (21.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the seat 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 29321000 - Seats for motor vehicles
  • Prodcom 30305010 - Seats for aircraft, parts thereof
  • Prodcom 31001155 -
  • Prodcom 31001159 -
  • Prodcom 31001170 - Upholstered seats with metal frames (excluding swivel seats, m edical, surgical, dental or veterinary seats, barbers
  • Prodcom 31001190 - Non-upholstered seats with metal frames (excluding medical, s urgical, dental or veterinary seats, barbers
  • Prodcom 31001210 - Seats convertible into beds (excluding garden seats or camping equipment)
  • Prodcom 31001230 - Seats of cane, osier, bamboo or similar materials
  • Prodcom 31001250 - Upholstered seats with wooden frames (including three piece suites) (excluding swivel seats)
  • Prodcom 31001290 - Non-upholstered seats with wooden frames (excluding swivel seats)
  • Prodcom 31001300 - Other seats, of HS

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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