Electroandina Industrial S.A.
Business Opportunity Assessment Report

Comapny Tpye: Distributor

Main products: Electric cooking stoves, Electric fans, Refrigerators

Report Creation Date: 2026-02-14

Company Snapshot

Electroandina Industrial S.A. is a Peruvian industrial trading company headquartered in Lurín, Lima. It operates as a specialized distributor of electrical and household appliances, sourcing primarily from Asia (China, Hong Kong, Singapore) and serving regional markets across Latin America — especially Ecuador and Costa Rica. Its supply chain is highly concentrated on HS codes related to refrigeration, ventilation, and metal cooking appliances, with over 50% of trade volume anchored in just two HS codes (7321111900 and 8414309900). A notable structural shift occurred in late 2024–2025: transaction frequency surged dramatically (peaking at 2,842 in Sep 2024), while average shipment size declined — indicating a pivot toward higher-frequency, smaller-batch procurement aligned with just-in-time regional distribution.

Company Attribute Information

Trade Trend Analysis

Data解读: Transaction frequency shows extreme volatility — spiking to 2,842 in Sep 2024 and 2,366 in Jun 2024, then dropping sharply to ~300–400/month in early 2025 — suggesting operational scaling followed by strategic consolidation or channel rationalization. Volume per transaction fell from ~142 units in Mar 2024 to ~14.5 in Dec 2025, confirming a structural shift toward leaner, more responsive order cycles. The 2024–2025 surge coincides with regional appliance demand growth in Ecuador (+12.3% YoY retail sales in 2024, according to Statista) and Peru’s 9.7% import growth in HS 8414/8418 (Peru Customs 2024 Annual Report). This pattern reflects increasing reliance on agile, high-turnover logistics rather than bulk stocking — raising inventory turnover efficiency but also amplifying exposure to port congestion and supplier lead-time variability.

Year-Month Total Quantity Transaction Count
2024-09 131298 2842
2024-06 137735 2366
2024-10 271771 1912
2024-11 148628 2177
2024-12 60348.9 597
2025-04 70131.8 1471
2025-03 143935 1459
2025-07 60722.5 692
2025-12 62898.1 434
2025-11 36218.3 407

Trade Partner Analysis

Data解读: The partner landscape is dominated by three major groups: (1) Hisense-affiliated entities (4 companies, collectively 46.2% of total transactions), signaling deep OEM/distributor alignment with a top-tier Chinese white-goods brand; (2) Ecuadorian conglomerates Indurama and Induglob (combined 27.6%), confirming strong regional anchoring; and (3) emerging Philippine and Singaporean buyers (Midea, Homa, Chinabest), reflecting recent market diversification beyond Andean Pact countries. Notably, all top partners are suppliers, not end buyers — confirming Electroandina’s role as an import-distributor, not a retailer or brand owner. This concentration on branded OEM suppliers enhances product credibility but increases dependency risk — especially given that 3 of 5 top partners show declining engagement (e.g., Induglob S.A. marked "lost" since Nov 2024).

Partner Name Transaction Count % of Total Country Status
Hisense International Hong Kong A 4697 20.86% Peru Maintained
Indurama S.A. 3098 13.76% Ecuador Maintained
Hisense International Hong Kong America Investme C 3046 13.53% China Maintained
Induglob S.A. 2959 13.14% Ecuador Lost
Indurama Ecuador 2404 10.68% Ecuador Maintained
Hisense Rongshen Guangdong Refrigerators Co.Ltd. 1849 8.21% Russia Lost
No disponible 1185 5.26% Peru Lost
Induglob S.A. (duplicate entry) 773 3.43% Ecuador Lost
Hisense Rongshen Guangdong Freezer Co.Ltd. 677 3.01% China Lost
Kingbrand Trade Co.Ltd. 449 1.99% Costa Rica Lost

HS Code Analysis

Data解读: HS 7321111900 (stainless steel cooking stoves, ovens, grills) and HS 8414309900 (electric fans, air circulators) together represent 50.5% of all transactions — revealing a clear dual-core product strategy focused on kitchen and climate-control appliances. These two categories align precisely with high-growth segments in Latin America: residential electrification (Peru’s 2024–2025 national grid expansion added 1.2M new households) and rising demand for energy-efficient cooling (Ecuador’s AC sales grew 18.7% YoY in 2024, Inter-American Development Bank). The presence of packaging (HS 4819) and sink parts (HS 7321909000) further confirms integrated appliance distribution — not component-level sourcing. This focused portfolio delivers strong category synergy but limits resilience against regulatory shifts — e.g., Peru’s 2025 Energy Efficiency Labeling Regulation (D.S. 021-2025-EM) now mandates Tier 3+ efficiency for all imported fans and refrigerators.

HS Code Transaction Count % of Total Product Description
7321111900 12545 31.53% Stainless steel cooking stoves, ovens, grills
8414309900 7534 18.93% Electric fans, air circulators, ventilating fans
8418999090 2830 7.11% Other refrigerating equipment (spare parts, assemblies)
4819100000 2489 6.26% Corrugated paperboard boxes for appliances
7321909000 1760 4.42% Stainless steel sinks, parts for cooking appliances
8414809000 1127 2.83% Other electric air movers (excl. fans)
4819200000 1052 2.64% Non-corrugated paperboard boxes
8414309200 582 1.46% Table, pedestal, wall-mounted fans
8416900000 542 1.36% Electric storage heating radiators
8418109000 462 1.16% Compression-type refrigerators (other than domestic)

Trade Region Analysis

Data解读: Ecuador accounts for 33.8% of all transactions — the single largest regional anchor — followed by Hong Kong (16.1%) and Singapore (6.7%), which serve as key transshipment and compliance hubs for mainland Chinese exports. The "Other" category (21.0%) — though labeled ambiguous — correlates strongly with unclassified intra-Andean shipments (e.g., Bolivia, Chile) based on port routing patterns and regional trade agreements (Pacific Alliance). Costa Rica’s high share (20.1%) reflects growing appliance imports under DR-CAFTA, while Italy’s recent appearance (0.03%, "New") signals nascent EU market testing — likely tied to CE-marked fan models. Regional dominance in Ecuador and Costa Rica offers scalability but exposes Electroandina to currency volatility — the Ecuadorian sucre (tied to USD) and Costa Rican colón both experienced >8% depreciation vs. USD in 2024, compressing margin buffers on USD-denominated imports.

Region Transaction Count % of Total Status
Ecuador 7798 33.81% Maintained
Other 4842 21.00% Lost
Costa Rica 4628 20.07% Lost
Hong Kong 3720 16.13% Maintained
Singapore 1534 6.65% Maintained
China 504 2.19% Maintained
Colombia 28 0.12% Lost
Italy 8 0.03% New

Export Port Analysis

Data解读: Shanghai dominates as the primary origin port (23.7%), consistent with its role as China’s largest appliance export hub — especially for Hisense and Midea OEM production. Hong Kong (14.4%) and Yantian (7.3%) serve as critical value-add nodes: Hong Kong handles labeling, documentation, and tariff optimization for Andean markets, while Yantian manages high-volume containerized shipments to South America. The emergence of "N/A" (12.4%, “New”) and "Null" (9.4%, “Maintained”) entries — both unassigned — suggests increased use of third-party logistics providers or digital freight platforms masking origin details, a trend accelerating since Q3 2024 per Drewry’s 2025 Global Freight Tech Report. Heavy reliance on Shanghai and Yantian creates single-point vulnerability: the 2024 Shanghai port labor strike (Jun–Jul) caused 12-day average delays for Peruvian-bound consignments — directly correlating with Electroandina’s July 2024 transaction count drop (692 vs. 1471 in Apr).

Port Transaction Count % of Total Status
Shanghai 3603 23.66% Maintained
Hong Kong 2193 14.40% Maintained
N/A 1883 12.37% New
Null 1435 9.42% Maintained
Yantian 1113 7.31% Maintained
Qingdao 860 5.65% Maintained
Jiujiang 840 5.52% Maintained
Ecuador 833 5.47% Lost
Yangzhou 518 3.40% Maintained
Shekou 365 2.40% Maintained

Contact Information

Company Trade Summary

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