China Sharpens Its Edge: Dominating Peru’s Aluminum and Blade Accessory Markets
In the first quarter of 2024, China cemented its lead in Peru’s industrial imports, controlling 62% of the aluminum product market and exporting $1.81M in hand saw and blade accessories. As global....
Today’s insights:
China’s Aluminum Dominance: Capturing 62% of Peru’s Market in Q1 2024.
Cutting Edge: China Dominates Peru’s Hand Saw and Blade Accessory Market with $1.81M in Exports.
China and Italy Carve Out the Market: Aluminum Structures Dominate Peru’s Imports.
Stepping Up: Peru’s Footwear Parts Market Reaches $3.6M in Q1 2024, Led by Industrias Gabuteau.
1. China’s Aluminum Dominance: Capturing 62% of Peru’s Market in Q1 2024
China exported $5.16M in aluminum products (HS 7616) to Peru during the first quarter of 2024, becoming the largest supplier with a 62% market share.
The top suppliers of aluminum products to Peru were:
1. ZCTS Shanzhen Co. Ltd. - $1.89M
2. CECAL Indústria e Comércio LTDA. - $305K
3. Truper S.A. De C.V. - $289K
4. Ningbo Yuanyuan Auto Accessories CO., Ltd - $199K
5. Zhuji Wowen Hardware Tools Co., Ltd - $185K
6. Zhejiang Kangzhan New Materials Co., Ltd. - $115K
7. Tianjin Jinmao Co., Ltd. - $95K
8. Nantong Zhongfa Display Equipment Co., Ltd - $85K
9. HISPANICA DE CALDERERÍA Sl - $62K
10. Humanscale - $59K
2. Cutting Edge: China Dominates Peru’s Hand Saw and Blade Accessory Market with $1.81M in Exports
With exports valued at $1.81M China became the largest supplier of accessories for hand saws and saw blades (HS 82029 in Peru during the first quarter of 2024.
The top suppliers of hand saws and saw blades to Peru were:
1. SNA Europe Benelux B.V. - $678K
2. Zhangjiagang Primwell Imp. Exp. Co., Ltd. - $614K
3. Oregon Tool Industrial Ltda - $252K
4. Truper S.A. De C.V. - $238K
5. STIHL Kettenwerk GmbH & Co KG, Waiblingen (DE), Zweigniederlassung Wil SG - $204K
6. Robert Bosch Limitada - $195K
7. HANGZHOU HANTOO ENTERPRISES CO., LTD. - $159K
8. FREUD S.P.A. - $80K
9. Cosmo Field Limited - $60K
10. KASCO LLC - $40K
3. China and Italy Carve Out the Market: Aluminum Structures Dominate Peru’s Imports
China and Italy positioned themselves as the top exporters of aluminum structures and their parts (HS 7610) to Peru, holding 35% and 31% market shares respectively during the first quarter of 2024.
The top 10 suppliers of aluminum structures and their parts to Peru were:
1. Shenzhen LITONG Mould Co., ltd. United - $208K
2. Hunter Douglas Chile S.A. - $158K
3. HISPANICA DE CALDERERÍA S.L. - $135K
4. Shandong Shouguang Huanya Window Decoration Products Factory - $128K
5. Pingguo Jianfeng Aluminum Co., Ltd. New Material Hongkong - $102K
6. Legrand Headquarter - $80K
7. Wenling Import and export Co., ltd. - $66K
8. Armstrong World Industries Inc. - $65K
9. CNBM International Corporation - $53K
10. ElringKlinger AG - $42K
4. Stepping Up: Peru’s Footwear Parts Market Reaches $3.6M in Q1 2024, Led by Industrias Gabuteau
In the first quarter of 2024, Peru’s imports of footwear parts (HS 6406) reached a total value of $3.6 million. Industrias Gabuteau S.A. led these imports, recording $943,130 during this period.
Among the top importers in Peru were:
- Tonfu Inversiones S.A.C.
- Iconocalza S.A.C.
- Importaciones Brillante S.A.C.
- Zafiro Y Opalo Negociaciones S.A.C.
- Interplast Del Peru S.A.C.
- Shifu S.A.C.
- WELLCO PERUANA S.A.
- Goygo Inversiones S.A.C.
- Todai S.A.C.
That’s all for today…
When you’re ready to go deeper on international business, check out Trade Data. It’s jam-packed with importers, exporters, market trends and key players for turning global trade data into profit.
BONUS: get access to the full import/export data in North America, Central America, and Europe. (…just for limited time).
Here’s the link: