More and more Peruvians are betting on natural gas for their vehicles. At the end of 2023, 453,440 circulating units were recorded with CNG13% more than what was registered in 2022, reported from the Automotive Association of Peru (AAP).
This universe represents 15% of the vehicle fleet, which is made up of more than 6 million vehicles in total.
The main advantage of CNG is its price. Since Peru is the producer of this resource, its value in the market is regulated, and it is not subject to the dance of supply and demand that prevails in fuels popular such as gasoholes and LPG, which are largely imported, to the point that with S/16 a car with CNG can refuel its tank.
As reported by La República, In the last 20 years, NGV users saved more than S/61,000 million.
Historical peaks
The AAP details that, although during 2023 it fell to 55,893 migrations to NGV – a 24% decline compared to 2022 (73,564 units converted) -, it still greatly exceeds what was recorded up to the bicentennial, since the 21,000 threshold could never be broken. annual conversions.
The slowdown in the growth rate of CNG conversions is explained by the normalization of the price of petroleum-derived fuels, such as gasoline. For example, the migration record seen in 2022 occurred when gasoline exceeded S/26 per gallon. As of December 2023, it fell to S/16.
“In that sense, the gap with the price of CNG was reduced, so the savings generated by the conversion of a vehicle decreased,” noted the Automotive Association in a report.
Alberto Morisaki, manager of Economic Studies and Statistics of the AAP, maintained that This year it is expected to exceed 55,000 vehicles converted to CNGbut a more constant participation of the State will still be required to massify this resource, which apart from helping the household economy, brings positive impacts to society as it is a clean fuel due to its low emissions of polluting gases.
And on the other side of the coin, despite the enthusiasm of the Government With programs like Ahorro GNV, there are not many taps to supply beyond Metropolitan Lima, which limits its reception.
Electric cars, another great bet
Along with CNG, in terms of sustainability, electrified vehicles are advancing at a snail’s pace in our market. At the end of 2023, approximately 4,500 units were sold, 70% more than the year before. However, the penetration rate remains low: of every 100 units sold, only two are electrified.
In countries like Colombia, electric vehicles They represent 17% of the total light and heavy vehicles that were marketed.
Fewer motorcycles will continue to be sold in 2024
Of the 6 million vehicles counted in the automotive park Peruvian, 3 million are minors (motorcycles, tricycles). In 2021, the ‘new normal’ forced areas such as delivery or e-commerce to rebound, and this largely translated into the acquisition of these means of transportation. By 2024, the AAP expects that the total number of units sold will continue to decline, and will witness a contraction of 3.2% annually (317,139 units).
Light vehicles complete the cake with 2.8 million units, and for this segment they estimate an increase of 2.1% compared to 2022, thus reaching 167,900 units sold.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
