Peru: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in Peru

The Peruvian anti-freezing preparations market surged to $X in 2021, jumping by 94% 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, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Anti-Freezing Preparations Exports

Exports from Peru

After two years of growth, shipments abroad of anti-freezing preparations and prepared de-icing fluids decreased by -4.8% to X tons in 2021. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 281%. The exports peaked at X tons in 2020, and then fell in the following year.

In value terms, anti-freezing preparations exports dropped to $X in 2021. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 202%. Over the period under review, the exports attained the maximum at $X in 2020, and then fell in the following year.

Exports by Country

Chile (X tons), Bolivia (X tons) and Ecuador (X tons) were the main destinations of anti-freezing preparations exports from Peru, together accounting for 99% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +82.8%), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Bolivia ($X) and Ecuador ($X) appeared to be the largest markets for anti-freezing preparations exported from Peru worldwide, together accounting for 97% of total exports.

Among the main countries of destination, Chile, with a CAGR of +68.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average anti-freezing preparations export price amounted to $X per ton, almost unchanged from the previous year. In general, the export price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 15%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.8%), while the prices for the other major destinations experienced mixed trend patterns.

Anti-Freezing Preparations Imports

Imports into Peru

In 2021, imports of anti-freezing preparations and prepared de-icing fluids into Peru skyrocketed to X tons, picking up by 73% on the previous year's figure. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, anti-freezing preparations imports soared to $X in 2021. The total import value increased at an average annual rate of +5.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of anti-freezing preparations to Peru, accounting for a 57% share of total imports. Moreover, anti-freezing preparations imports from the United States exceeded the figures recorded by the second-largest supplier, Mexico (X tons), twofold. Chile (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+70.2% per year) and Chile (+11.5% per year).

In value terms, the United States ($X) constituted the largest supplier of anti-freezing preparations and prepared de-icing fluids to Peru, comprising 56% of total imports. The second position in the ranking was taken by Mexico ($X), with a 21% share of total imports. It was followed by Chile, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+66.1% per year) and Chile (+8.8% per year).

Import Prices by Country

The average anti-freezing preparations import price stood at $X per ton in 2021, which is down by -6.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 14%. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Canada ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+25.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :