PUBLISHER: GlobalData | PRODUCT CODE: 1089698
PUBLISHER: GlobalData | PRODUCT CODE: 1089698
Peru Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026
GlobalData expects Peru's construction industry to grow by 2.1% in real terms in 2022, supported by the restart of major infrastructure projects that were halted in the last two years due to the pandemic. According to the Instituto Nacional de Estadistica e Informatica (INEI), the construction industry's value add rose by 1.7% in the first half of 2022, increasing from PEN17.8 billion ($4.45 billion) in H1 2021 to PEN18.1 billion ($4.53 billion) in H1 2022.
Growth in the industry is expected to stabilize at an annual rate of 3.6% between 2023 and 2025, supported by investment in mining, housing, electricity, and transport infrastructure projects. However, social conflicts, regulatory risks, and low business confidence are likely to constrain investment in Peru's energy sector, following a similar pullback in mining which could lead to a slowdown in the economy. The recent political crisis in Peru over the rising inflation due to rising fuel and food prices amid the Russia-Ukraine crisis has caused already-weak business confidence to weaken further. Economic activity in Peru's metals and mining sector contracted by 3.5% year on year (YoY) in the first five months of 2022. Tighter fiscal and monetary policies, higher oil prices, declining copper prices, and social unrest are key factors that will weigh on growth. While a labor market recovery may be underway, informal work has grown relative to pre-pandemic levels and frail real wage growth lingers. Furthermore, the price of construction materials has risen sharply since the second half of last year. According to the INEI, the average construction material price index in Peru rose by 13.5% YoY in the first three quarters of 2022
The report provides detailed market analysis, information and insights into Peru's construction industry, including -
- Peru's construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Peru's construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline
Scope
This report provides a comprehensive analysis of the construction industry in Peru. It provides -
- Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Peru, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using GlobalData's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using GlobalData's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
Table of Contents
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
- 3.1 Economic Performance
- 3.2 Political Environment and Policy
- 3.3 Demographics
- 3.4 COVID-19 Status
- 3.5 Risk Profile
4 Construction Outlook
- 4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
- 4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
5 Key Industry Participants
- 5.1 Contractors
- 5.2 Consultants
6 Construction Market Data
7 Appendix
- 7.1 What is this Report About?
- 7.2 Definitions
- 7.3 CRI Methodology
- 7.4 GlobalData Construction
- Contact Us
List of Tables
List of Tables
- Table 1: Construction Industry Key Data
- Table 2: Peru, Key Economic Indicators
- Table 3: Peru, Commercial Construction Output by Project Type (Real % Change), 2017-26
- Table 4: Peru, Top Commercial Construction Projects by Value
- Table 5: Peru, Industrial Construction Output by Project Type (Real % Change), 2017-26
- Table 6: Peru, Top Industrial Construction Projects by Value
- Table 7: Peru, Infrastructure Construction Output by Project Type (Real % Change), 2017-26
- Table 8: Peru, Top Infrastructure Construction Projects by Value
- Table 9: Peru, Energy and Utilities Construction Output by Project Type (Real % Change), 2017-26
- Table 10: Peru, Top Energy and Utilities Construction Projects by Value
- Table 11: Peru, Institutional Construction Output by Project Type (Real % Change), 2017-26
- Table 12: Peru, Top Institutional Construction Projects by Value
- Table 13: Peru, Residential Construction Output by Project Type (Real % Change), 2017-26
- Table 14: Peru, Top Residential Construction Projects by Value
- Table 15: Peru, Key Contractors
- Table 16: Peru, Key Consultants
- Table 17: Peru, Construction Output Value (Real, $ Million)
- Table 18: Peru, Construction Output Value (Nominal, PEN Million)
- Table 19: GlobalData Construction Market Definitions
- Table 20: Risk Dimensions
- Table 21: Ratings, Scores and Definitions
List of Figures
List of Figures
- Figure 1: Latin America, Construction Output (Real % Change), 2020-26
- Figure 2: Peru, Construction Output by Sector (Real % Change), 2020-22 and 2023-26
- Figure 3: Peru, COVID-19 Confirmed Cases
- Figure 4: Peru, Risk Summary
- Figure 5: Peru, Risk Regional Comparison
- Figure 6: Peru, Construction Output Value (Real, $ Billion, 2017 Prices and Exchange Rate), 2017-26
- Figure 7: Peru, Construction Output Value, by Sector (Real, $ Million), 2017-26
- Figure 8: Peru, Construction Value Add (PEN Million, 2007 Constant Prices)
- Figure 9: Peru, Gross Fixed Capital Formation in Construction (PEN Million, 2007 Constant Prices)
- Figure 10: Peru, Construction Materials Price Index (2013=100)
- Figure 11: Peru, Monthly Unemployment in Metropolitan Lima (Three-Month Moving Average)
- Figure 12: Peru, Construction Projects Momentum Index
- Figure 13: Region, Construction Projects Momentum Index
- Figure 14: Peru, Commercial Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 15: Peru, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 16: Peru, Accommodation and Restaurants Services Value Add (PEN Million, 2007 Constant Prices)
- Figure 17: Peru, Total International Tourist Arrivals
- Figure 18: Peru, Industrial Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 19: Peru, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 20: Peru, Manufacturing Value Add (PEN Million, 2007 Constant Prices)
- Figure 21: Peru, Total Export Value ($ Million)
- Figure 22: Peru, Extraction of Oil, Gas, Minerals, and Related Services Value Add (PEN Million, 2007 Constant Prices)
- Figure 23: Peru, Infrastructure Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 24: Peru, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 25: Peru, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 26: Peru, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 27: Peru, Electricity, Gas, and Water Services Value Add (PEN Million, 2007 Constant Prices)
- Figure 28: Peru, Telecommunication and Other Information Services Value Add (PEN Million, 2007 Constant Prices)
- Figure 29: Peru, Institutional Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 30: Peru, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 31: Peru, Public Administration and Defense Sector Value Add (PEN Million, 2007 Constant Prices)
- Figure 32: Peru, Residential Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 33: Peru, Residential Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 34: Peru, Hedonic Property Price Index
- Figure 35: Peru, Headquarters of Key Contractors (% of Total Project Pipeline)
- Figure 36: Peru, Headquarters of Key Consultants (% of Total Project Pipeline)
