In 2020, after two years of growth, the Peruvian crane market experienced a significant decline, with its value falling by -X% to X dollars. However, consumption continued to show a relatively flat trend pattern during the period under review. The most significant growth rate occurred in 2010, with an X% year-on-year increase. During the period under review, the market peaked at $X in 2014; however, from 2015 to 2020, consumption has been at lower levels.

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Peruvian Crane Export Scale
In 2020, the number of cranes, mobile cranes exported from Peru dropped significantly to X units, a decrease of -X% compared to the previous year. Overall, however, exports recorded significant growth. The most significant growth rate occurred in 2013, with an X% year-on-year increase. During the period under review, exports peaked at X units in 2015; however, from 2016 to 2020, exports have remained at a low level.

Crane exports fell sharply to $X in 2020 by value. During the period under review, however, there was a significant increase in exports. The fastest growth in 2009, an increase of X% over the previous year. Exports peaked at $X in 2016; however, from 2017 to 2020, exports failed to regain momentum.

Chile (X units), Ecuador (X units) and Oman (X units) were the main destinations for Peruvian crane exports, together accounting for X% of total exports. Bolivia, Spain and Colombia are a little behind, and together Form a further X from 2007 to 2020, with the largest increase in Spain, while the other leaders have seen more modest growth in shipments.

In terms of value, Chile ($X) emerged as the main foreign market for Peruvian crane exports, accounting for X% of total exports. In second place is Ecuador ($X) with X% of total exports. It is followed by Colombia with an X% share.

From 2007 to 2020, the value to Chile has grown at an average annual rate of +X%. Exports to other major destinations recorded the following average annual export growth rates: Ecuador (+X% per annum) and Colombia (-X% per annum).

Peruvian Crane Import Scale
After two years of growth, in 2020, the supply of cranes, mobile cranes from abroad decreased by -X% to X units. But overall, imports rose slightly. The growth rate was most pronounced in 2008, when imports increased by X% over the previous year. During the period under review, imports reached a maximum of X units in 2014; however, from 2015 to 2020, imports have remained low.

Crane imports fell sharply to $X in 2020 by value. However, imports showed a relatively flat trend during the period under review. The growth rate was most pronounced in 2010, with a year-on-year increase of X%. During the period under review, imports peaked at $X in 2014; however, from 2015 to 2020, imports have been at lower levels.

The United States (X units), Spain (X units) and China (X units) are the main suppliers of Peruvian crane imports, together accounting for X% of total imports. This was followed by Italy, Brazil, Austria, Chile, Poland and Germany, which further increased their share between 2007 and 2020. Among the major suppliers, Poland recorded the most significant growth rate in purchases, while Imports by other leaders grew at a more modest pace.

Spain ($X), Italy ($X) and the United States ($X) are the largest crane suppliers to Peru by value, accounting for X% of total imports. Austria, Brazil, China, Germany, Chile and Poland lagged the major suppliers to a certain extent, with Poland having the highest growth in import value during the period under review, while purchasing as other leaders experienced a more moderate pace of growth.

Statistics of various crane suppliers in Peru
By value, Peru’s largest crane suppliers are Spain, Italy and the United States, which together account for 59% of total imports. Austria, Brazil, China, Germany, Chile and Poland are slightly behind with a combined 34%.

In terms of value, Chile emerged as the main foreign market for Peruvian crane exports, accounting for 58% of total exports. In second place is Ecuador, with 25% of total exports. It is followed by Colombia with a share of 9.8%.

In 2020, the average export price of cranes was USD 54,450 per unit, a decrease of -30.4% from the previous year.

In 2020, the average price of crane imports was US$32,953 per unit, up 18% from the previous year.

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