Peru: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Peru

The Peruvian market for building blocks and bricks of cement, concrete or artificial stone rose slightly to $X in 2021, surging by 2.5% against the previous year. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.4% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Peru

In value terms, production of building blocks and bricks of cement, concrete or artificial stone amounted to $X in 2021 estimated in export price. In general, the total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.9% 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 -2.6% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 30%. Production of peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from Peru

For the fourth year in a row, Peru recorded growth in overseas shipments of building blocks and bricks of cement, concrete or artificial stone, which increased by 24% to X tons in 2021. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,996% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone rose significantly to $X in 2021. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 1,826% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Chile (X tons) and Free Zones (X tons) were the main destinations of exports of building blocks and bricks of cement, concrete or artificial stone from Peru.

From 2012 to 2021, the biggest increases were recorded for Free Zones (with a CAGR of +65.8%).

In value terms, Chile ($X) and Free Zones ($X) constituted the largest markets for building blocks and bricks of cement, concrete or artificial stone exported from Peru worldwide.

Free Zones, with a CAGR of +65.1%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average export price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, declining by -11.6% against the previous year. In general, the export price saw a slight decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 33%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (-0.4%).

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into Peru

In 2021, supplies from abroad of building blocks and bricks of cement, concrete or artificial stone decreased by -61.8% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 577% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone fell notably to $X in 2021. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when imports increased by 564% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Free Zones (X tons), the UK (X tons) and Ecuador (X tons) were the main suppliers of imports of building blocks and bricks of cement, concrete or artificial stone to Peru, together accounting for 81% of total imports. The United States, Italy, Spain and China lagged somewhat behind, together comprising a further 8.3%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +30.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest building blocks and bricks of cement, concrete or artificial stone suppliers to Peru were Free Zones ($X), the UK ($X) and the United States ($X), with a combined 88% share of total imports.

In terms of the main suppliers, Free Zones, with a CAGR of +10.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2021, reducing by -36.3% against the previous year. Over the period under review, the import price recorded a noticeable decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 151% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 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, the country with the highest price was the UK ($X per ton), while the price for Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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