Peru: Billiard Accessoires Market 2024

Billiard Accessoires Market Size in Peru

The Peruvian billiard accessoires market expanded slightly to $X in 2022, with an increase of 2.7% against the previous year. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Billiard Accessoires Production in Peru

In value terms, billiard accessoires production expanded significantly to $X in 2022 estimated in export price. In general, the total production indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 27%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Billiard Accessoires Exports

Exports from Peru

After two years of growth, shipments abroad of articles and accessories for billiards decreased by -4.5% to X kg in 2022. In general, exports continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2015 when exports increased by 927% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, billiard accessoires exports reduced markedly to $X in 2022. Over the period under review, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 1,323% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Chile (X kg) was the main destination for billiard accessoires exports from Peru, with a 78% share of total exports. Moreover, billiard accessoires exports to Chile exceeded the volume sent to the second major destination, Guatemala (X kg), fivefold. The third position in this ranking was held by Ecuador (X kg), with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile stood at +17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (-4.0% per year) and Ecuador (-30.4% per year).

In value terms, Chile ($X) remains the key foreign market for articles and accessories for billiards exports from Peru, comprising 76% of total exports. The second position in the ranking was taken by Panama ($X), with an 8.7% share of total exports. It was followed by Ecuador, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile totaled +32.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (-12.8% per year) and Ecuador (-24.7% per year).

Export Prices by Country

In 2022, the average billiard accessoires export price amounted to $X per ton, reducing by -16.3% against the previous year. Overall, the export price, however, showed a strong increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 289%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Honduras ($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 Panama (+64.2%), while the prices for the other major destinations experienced more modest paces of growth.

Billiard Accessoires Imports

Imports into Peru

Billiard accessoires imports into Peru fell rapidly to X tons in 2022, shrinking by -29.9% against the previous year's figure. In general, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 226%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, billiard accessoires imports dropped rapidly to $X in 2022. Over the period under review, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 264% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of billiard accessoires to Peru, accounting for a 48% share of total imports. Moreover, billiard accessoires imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), threefold. The United States (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+34.0% per year) and the United States (+19.7% per year).

In value terms, China ($X), the United States ($X) and Panama ($X) were the largest billiard accessoires suppliers to Peru, together accounting for 47% of total imports. Belgium, South Korea, the Netherlands, Japan and Colombia lagged somewhat behind, together comprising a further 24%.

South Korea, with a CAGR of +23.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 billiard accessoires import price amounted to $X per ton, with an increase of 11% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, billiard accessoires import price decreased by -30.9% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 53% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Panama ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :