The Peru automotive market size is projected to grow at a CAGR of 2.60% between 2025 and 2034. The market is being driven by the rising demand for SUVs in Peru.

Gain key insights into the Peru automotive market. We analyze trends, market share, top brands like Toyota and Hyundai, and growth forecasts from 2024-2032. Download the full report now.

Peru automotive aftermarket is experiencing moderate growth owing to the increasing disposable income of consumers, low vehicle penetration ratio and government support.

In 2024, the revenue in the passenger cars market in Peru was modeled to stand at ************ U.S. dollars. Between 2013 and 2024, the figure dropped by *********** U.S. dollars, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2029, the revenue will rise by ********** U.S. dollars, showing an overall upward trend with periodic ups and downs.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Passenger Cars.

The Peruvian automotive industry exported approximately ** million U.S. dollars worth of assembled motor vehicles, trailers, semi-trailers and auto parts in 2019, down by **** percent from around ***** million U.S. dollars a year earlier. Also in 2019, the country's imports in this sector exceeded its exports in almost *** billion dollars.

The Peru Commercial Vehicle Market Report is Segmented by Vehicle Type (Vans, Pickup Trucks, Medium and Heavy-Duty Commercial Vehicles, Buses) and Propulsion Type (Internal Combustion Engine and Electric). The Report Offers the Market Size and Value Forecast (USD) for all the Above Segments.

In 2024, after three years of growth, there was decline in the Peruvian passenger car market, when its value decreased by -2.2% to $1.8B. Over the period under review, consumption continues to indicate a abrupt decrease. Over the period under review, the market hit record highs at $3.5B in 2013; however, from 2014 to 2024, consumption stood at a somewhat lower figure.

In 2017, the Peruvian automotive industry produced approximately ** thousand vehicle units, of which around ** percent were assembled motorcycles and other three-wheelers. The quantity of trailers, semi-trailers and car bodies produced reached *** vehicles in that same year.

Key information about Peru Motor Vehicles Sales

• Peru Motor Vehicles Sales recorded 165,146 units in Dec 2023, compared with 162,095 units in the previous year.
• Peru Motor Vehicles Sales is updated yearly, available from 2005 to 2023, with an averaged number of 152,856 units.
• The data reached an all-time high of 201,326 units in Dec 2013 and a record low of 23,346 units in Dec 2005.
• In the latest reports, Retail Sales of Peru grew 6 % YoY in Jan 2024.

Automotive accessory imports into Peru stood at X units in 2017, coming up by X% against the previous year. In general, automotive accessory imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2010, when the imports increased by X% y-o-y. Peru imports peaked of X units in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.In value terms, automotive accessory imports amounted to $X in 2017.

The Peruvian automotive industry imported approximately *** billion U.S. dollars worth of assembled motor vehicles, trailers, semi-trailers and auto parts in 2019, up from just under *** billion U.S. dollars a year earlier.

Key information about Peru Motor Vehicle Sales: Commercial Cars

• Peru Motor Vehicle Sales: Commercial Cars was reported at 48,422.000 Unit in Dec 2023.
• This records an increase from the previous number of 43,180.000 Unit for Dec 2022.
• Peru Motor Vehicle Sales: Commercial Cars data is updated yearly, averaging 37,227.000 Unit from Dec 2005 to 2023, with 19 observations.
• The data reached an all-time high of 62,466.000 Unit in 2012 and a record low of 9,115.000 Unit in 2005.
• Peru Motor Vehicle Sales: Commercial Cars data remains active status in CEIC and is reported by International Organization of Motor Vehicle Manufacturers.
• The data is categorized under World Trend Plus’s Association: Automobile Sector – Table RA.OICA.MVS: Motor Vehicle Sales: by Country and Type: Commercial Vehicle (CV).

Sales of commercial vehicles in Peru have been annually increasing in recent years. In 2019, around **** thousand units were sold in the South American country, up from **** thousand units a year earlier. This was also the highest figure reported since 2014. Likewise, motor vehicle sales in Peru (including both commercial vehicles and passenger cars) registered an increase that year.

The Peruvian motor vehicle engine market surged to $411M in 2024, picking up by 15% 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 showed a prominent increase. Over the period under review, the market attained the maximum level in 2024 and is likely to see gradual growth in the immediate term.

Motor Vehicle Transmissions Market Size Value Per Capita in Peru, 2021 Discover more data with ReportLinker!

Comprehensive dataset of 84 Auto parts manufacturers in Peru as of August, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Peru E-Commerce Transactions: Value: Vehicles: Automotive Industry data was reported at 151.788 USD in 01 May 2025. This records a decrease from the previous number of 350.955 USD for 30 Apr 2025. Peru E-Commerce Transactions: Value: Vehicles: Automotive Industry data is updated daily, averaging 1,723.185 USD from Jan 2019 (Median) to 01 May 2025, with 303 observations. The data reached an all-time high of 260,328.476 USD in 25 Sep 2023 and a record low of 1.619 USD in 04 May 2024. Peru E-Commerce Transactions: Value: Vehicles: Automotive Industry data remains active status in CEIC and is reported by Grips Intelligence Inc.. The data is categorized under Global Database’s Peru – Table PE.GI.EC: E-Commerce Transactions: by Category.

Motor Vehicles Clutches and Motor Vehicle Clutches Parts Market Size Value in Peru, 2021 Discover more data with ReportLinker!

Peru E-Commerce Transactions: Volume: Vehicles: Automotive Industry data was reported at 1.000 Unit in 01 May 2025. This records a decrease from the previous number of 2.000 Unit for 30 Apr 2025. Peru E-Commerce Transactions: Volume: Vehicles: Automotive Industry data is updated daily, averaging 11.000 Unit from Jan 2019 (Median) to 01 May 2025, with 303 observations. The data reached an all-time high of 88.000 Unit in 15 Apr 2024 and a record low of 1.000 Unit in 01 May 2025. Peru E-Commerce Transactions: Volume: Vehicles: Automotive Industry data remains active status in CEIC and is reported by Grips Intelligence Inc.. The data is categorized under Global Database’s Peru – Table PE.GI.EC: E-Commerce Transactions: by Category.

The Peruvian vehicle radio market surged to $8.2M in 2024, increasing by 21% 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). Overall, consumption recorded a temperate increase. Vehicle radio consumption peaked in 2024 and is expected to retain growth in the immediate term.