Peru: Metal Tubular Rivet Market 2025

Metal Tubular Rivet Market Size in Peru

In 2021, the Peruvian metal tubular rivet market increased by 58% to $X, rising for the second year in a row after seven years of decline. Overall, consumption, however, saw a drastic downturn. Metal tubular rivet consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Metal Tubular Rivet Exports

Exports from Peru

In 2021, overseas shipments of base metal tubular or bifurcated rivets decreased by -5.2% to X tons, falling for the fourth consecutive year after two years of growth. In general, exports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2017 when exports increased by 2,604%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, metal tubular rivet exports rose remarkably to $X in 2021. Over the period under review, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by 1,026%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Chile (X kg), Costa Rica (X kg) and Bolivia (X kg) were the main destinations of metal tubular rivet exports from Peru, together comprising 96% 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 +74.3%), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) remains the key foreign market for base metal tubular or bifurcated rivets exports from Peru, comprising 86% of total exports. The second position in the ranking was held by Costa Rica ($X), with a 12% share of total exports. It was followed by Bolivia, with a 1.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile totaled +93.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+25.4% per year) and Bolivia (-13.5% per year).

Export Prices by Country

The average metal tubular rivet export price stood at $X per ton in 2021, growing by 12% against the previous year. Over the period under review, the export price posted a mild increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 111% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average 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 Chile ($X per ton), while the average price for exports to Bolivia ($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 Dominican Republic (+24.1%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Tubular Rivet Imports

Imports into Peru

In 2021, overseas purchases of base metal tubular or bifurcated rivets increased by 83% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, showed a abrupt curtailment. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, metal tubular rivet imports surged to $X in 2021. Overall, imports, however, continue to indicate a deep setback. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of metal tubular rivet to Peru, with a 83% share of total imports. Moreover, metal tubular rivet imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. Mexico (X tons) ranked third in terms of total imports with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.6% per year) and Mexico (+75.0% per year).

In value terms, China ($X) constituted the largest supplier of base metal tubular or bifurcated rivets to Peru, comprising 65% of total imports. The second position in the ranking was held by the United States ($X), with a 15% share of total imports. It was followed by Mexico, with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.7% per year) and Mexico (+56.9% per year).

Import Prices by Country

The average metal tubular rivet import price stood at $X per ton in 2021, which is down by -24.5% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2013 an increase of 24%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Colombia ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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