Peru: Market for Cationic Surface-Active Agents (Excluding Soap) 2024

Market Size for Cationic Surface-Active Agents (Excluding Soap) in Peru

In 2021, after two years of growth, there was significant decline in the Peruvian market for cationic surface-active agents (excluding soap), when its value decreased by -35.5% to $X. In general, the total consumption indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Cationic surface-active agents (excl. soap) consumption peaked at $X in 2020, and then shrank sharply in the following year.

Exports of Cationic Surface-Active Agents (Excluding Soap)

Exports from Peru

In 2021, shipments abroad of cationic surface-active agents (excluding soap) increased by 179% to X tons, rising for the second consecutive year after two years of decline. Overall, exports saw prominent growth. The pace of growth was the most pronounced in 2017 when exports increased by 934% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, cationic surface-active agents (excl. soap) exports surged to $X in 2021. In general, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 842% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

China (X tons) was the main destination for cationic surface-active agents (excl. soap) exports from Peru, accounting for a 66% share of total exports. Moreover, cationic surface-active agents (excl. soap) exports to China exceeded the volume sent to the second major destination, the United States (X tons), fivefold. El Salvador (X tons) ranked third in terms of total exports with a 9.2% share.

From 2012 to 2021, the average annual growth rate of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+732.0% per year) and El Salvador (0.0% per year).

In value terms, China ($X) emerged as the key foreign market for cationic surface-active agents (excluding soap) exports from Peru, comprising 68% of total exports. The second position in the ranking was held by the United States ($X), with an 11% share of total exports. It was followed by El Salvador, with an 8% share.

From 2012 to 2021, the average annual growth rate of value to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+97.3% per year) and El Salvador (0.0% per year).

Export Prices by Country

The average export price for cationic surface-active agents (excluding soap) stood at $X per ton in 2021, falling by -14.4% against the previous year. Over the period under review, the export price, however, showed a mild expansion. The growth pace was the most rapid in 2019 an increase of 90%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Chile ($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 Venezuela (+21.8%), while the prices for the other major destinations experienced a decline.

Imports of Cationic Surface-Active Agents (Excluding Soap)

Imports into Peru

In 2021, purchases abroad of cationic surface-active agents (excluding soap) decreased by -36% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, total imports indicated slight growth from 2012 to 2021: its volume increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of 66%. Over the period under review, imports attained the peak figure at X tons in 2020, and then contracted remarkably in the following year.

In value terms, cationic surface-active agents (excl. soap) imports declined markedly to $X in 2021. In general, total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 52%. Over the period under review, imports attained the maximum at $X in 2020, and then declined remarkably in the following year.

Imports by Country

Mexico (X tons), Chile (X tons) and China (X tons) were the main suppliers of cationic surface-active agents (excl. soap) imports to Peru, with a combined 80% share of total imports. These countries were followed by the United States, South Korea, Taiwan (Chinese) and Colombia, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +71.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cationic surface-active agents (excl. soap) suppliers to Peru were Mexico ($X), China ($X) and the United States ($X), together accounting for 69% of total imports. Chile, South Korea, Taiwan (Chinese) and Colombia lagged somewhat behind, together comprising a further 23%.

In terms of the main suppliers, South Korea, with a CAGR of +78.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for cationic surface-active agents (excluding soap) stood at $X per ton in 2021, with an increase of 2.2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 7.3%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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