Peru: Amino-Resin Market 2025

Amino-Resin Market Size in Peru

The Peruvian amino-resin market expanded notably to $X in 2022, rising by X% 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). Over the period under review, consumption, however, recorded a perceptible setback. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Amino-Resin Exports

Exports from Peru

Amino-resin exports from Peru declined dramatically to X tons in 2022, waning by X% on 2021. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked at X tons in 2021, and then fell significantly in the following year.

In value terms, amino-resin exports contracted markedly to $X in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then contracted remarkably in the following year.

Exports by Country

Ecuador (X tons) was the main destination for amino-resin exports from Peru, accounting for a X% share of total exports. Moreover, amino-resin exports to Ecuador exceeded the volume sent to the second major destination, Bolivia (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Ecuador stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (X% per year) and Chile (X% per year).

In value terms, the largest markets for amino-resin exported from Peru were Chile ($X), Ecuador ($X) and Bolivia ($X), with a combined X% share of total exports.

Chile, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average amino-resin export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, showed a drastic downturn. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (X%), while the prices for the other major destinations experienced a decline.

Amino-Resin Imports

Imports into Peru

In 2022, the amount of amino-resins, phenolic resins and polyurethanes (in primary forms) imported into Peru reduced slightly to X tons, falling by X% on the previous year's figure. Overall, imports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, amino-resin imports shrank to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Brazil (X tons), the United States (X tons) and China (X tons) were the main suppliers of amino-resin imports to Peru, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Brazil ($X) and China ($X) appeared to be the largest amino-resin suppliers to Peru, together accounting for X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average amino-resin import price amounted to $X per ton, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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