Peru: Market for Benzoyl Peroxide And Benzoyl Chloride 2025

Market Size for Benzoyl Peroxide And Benzoyl Chloride in Peru

The Peruvian benzoyl peroxide and chloride market reduced remarkably to $X in 2022, waning by -36.1% 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 saw a perceptible decrease. Benzoyl peroxide and chloride consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports from Peru

After six years of growth, overseas shipments of benzoyl peroxide and benzoyl chloride decreased by -0.2% to X tons in 2022. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2019 with an increase of 1,750% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, benzoyl peroxide and chloride exports fell modestly to $X in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 1,805% against the previous year. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Ecuador (X tons) was the main destination for benzoyl peroxide and chloride exports from Peru, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Ecuador stood at +126.8%.

In value terms, Ecuador ($X) also remains the key foreign market for benzoyl peroxide and benzoyl chloride exports from Peru.

From 2012 to 2022, the average annual growth rate of value to Ecuador amounted to +141.0%.

Export Prices by Country

In 2022, the average benzoyl peroxide and chloride export price amounted to $X per ton, approximately equating the previous year. Overall, the export price saw a perceptible downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 41% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +6.2% per year.

Imports of Benzoyl Peroxide And Benzoyl Chloride

Imports into Peru

In 2022, approx. X tons of benzoyl peroxide and benzoyl chloride were imported into Peru; waning by -31.9% compared with the previous year. Overall, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 176% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, benzoyl peroxide and chloride imports shrank sharply to $X in 2022. Over the period under review, imports saw a slight contraction. The pace of growth was the most pronounced in 2021 when imports increased by 134% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X tons) constituted the largest benzoyl peroxide and chloride supplier to Peru, with a 37% share of total imports. Moreover, benzoyl peroxide and chloride imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. India (X tons) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.4% per year) and India (+58.6% per year).

In value terms, Italy ($X) constituted the largest supplier of benzoyl peroxide and benzoyl chloride to Peru, comprising 38% of total imports. The second position in the ranking was held by India ($X), with a 7% share of total imports. It was followed by the United States, with a 7% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+60.4% per year) and the United States (-22.2% per year).

Import Prices by Country

In 2022, the average benzoyl peroxide and chloride import price amounted to $X per ton, picking up by 4.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2016 when the average import price increased by 17% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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