Peru: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2025

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Peru

The Peruvian market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders expanded markedly to $X in 2021, surging by 7.4% against the previous year. Over the period under review, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -6.8% against 2019 indices. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Peru

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X in 2021 estimated in export price. In general, the total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -6.5% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 18% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports from Peru

After two years of growth, shipments abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by -23.2% to X tons in 2021. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 3,900% against the previous year. The exports peaked at X tons in 2020, and then dropped sharply in the following year.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders shrank markedly to $X in 2021. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 2,309%. Over the period under review, the exports of reached the maximum at $X in 2020, and then fell sharply in the following year.

Exports by Country

Ecuador (X tons) was the main destination for exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders from Peru, accounting for a 100% share of total exports. It was followed by Chile (X kg), with a 0.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ecuador stood at +126.4%.

In value terms, Ecuador ($X) remains the key foreign market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exports from Peru, comprising 100% of total exports. The second position in the ranking was taken by Chile ($X), with a 0.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Ecuador stood at +83.8%.

Export Prices by Country

The average export price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X per ton in 2021, falling by -34.5% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by 78% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Ecuador amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-1.8%).

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports into Peru

Imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders into Peru contracted rapidly to X tons in 2021, with a decrease of -51% against the previous year. In general, imports showed a deep slump. The pace of growth was the most pronounced in 2017 when imports increased by 79%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders shrank remarkably to $X in 2021. Overall, imports showed a perceptible slump. The most prominent rate of growth was recorded in 2015 when imports increased by 145%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplier to Peru, accounting for a 80% share of total imports. Moreover, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders from China exceeded the figures recorded by the second-largest supplier, Honduras (X tons), more than tenfold. The third position in this ranking was taken by Costa Rica (X tons), with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (-14.9% per year) and Costa Rica (-20.1% per year).

In value terms, China ($X) constituted the largest supplier of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders to Peru, comprising 84% of total imports. The second position in the ranking was taken by Italy ($X), with a 3.2% share of total imports. It was followed by Chile, with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.9% per year) and Chile (-25.5% per year).

Import Prices by Country

The average import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X per ton in 2021, declining by -3.5% against the previous year. Overall, import price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by -6.7% against 2019 indices. The growth pace was the most rapid in 2014 when the average import price increased by 61% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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 Italy ($X per ton), while the price for Honduras ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+5.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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