Peru: Market for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement 2024

Market Size for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Peru

The Peruvian market for articles of asbestos-cement, of cellulose fibre-cement reduced rapidly to $X in 2021, with a decrease of -24.6% 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, consumption recorded a deep contraction. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Exports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Exports from Peru

In 2021, shipments abroad of articles of asbestos-cement, of cellulose fibre-cement decreased by -7.4% to X kg, falling for the eighth consecutive year after two years of growth. In general, exports showed a significant decline. The most prominent rate of growth was recorded in 2013 when exports increased by 557%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of articles of asbestos-cement, of cellulose fibre-cement dropped to $X in 2021. Overall, exports faced a dramatic decline. The most prominent rate of growth was recorded in 2018 with an increase of 9% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Free Zones (X kg) was the main destination for exports of articles of asbestos-cement, of cellulose fibre-cement from Peru, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Free Zones amounted to -31.4%.

In value terms, Free Zones ($X) remains the key foreign market for articles of asbestos-cement, of cellulose fibre-cement exports from Peru, comprising 96% of total exports. The second position in the ranking was held by Panama ($X), with a 3.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Free Zones stood at -37.1%.

Export Prices by Country

The average export price for articles of asbestos-cement, of cellulose fibre-cement stood at $X per ton in 2021, surging by 7% against the previous year. In general, the export price, however, recorded a dramatic setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Free Zones amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+4.6%).

Imports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Imports into Peru

Imports of articles of asbestos-cement, of cellulose fibre-cement into Peru declined notably to X tons in 2021, falling by -24% compared with 2020. In general, imports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 69%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of articles of asbestos-cement, of cellulose fibre-cement declined remarkably to $X in 2021. Overall, imports faced a deep downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 61% against the previous year. Over the period under review, imports of reached the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest articles of asbestos-cement, of cellulose fibre-cement supplier to Peru, with a 74% share of total imports. Moreover, imports of articles of asbestos-cement, of cellulose fibre-cement from China exceeded the figures recorded by the second-largest supplier, Colombia (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +91.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (-38.2% per year) and Ecuador (+12.7% per year).

In value terms, China ($X) constituted the largest supplier of articles of asbestos-cement, of cellulose fibre-cement to Peru, comprising 96% of total imports. The second position in the ranking was held by Colombia ($X), with a 2.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +88.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (-40.9% per year) and Ecuador (+24.6% per year).

Import Prices by Country

In 2021, the average import price for articles of asbestos-cement, of cellulose fibre-cement amounted to $X per ton, remaining stable against the previous year. Overall, the import price showed a buoyant expansion. The pace of growth was the most pronounced in 2020 an increase of 131%. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+10.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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