Peru: Market for Chromium, Manganese, Lead and Copper Oxides and Hydroxides 2024

Market Size for Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Peru

The Peruvian market for chromium, manganese, lead and copper oxides and hydroxides declined slightly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption continues to indicate a noticeable descent. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Peru

In value terms, production of chromium, manganese, lead and copper oxides and hydroxides reduced modestly to $X in 2022 estimated in export price. In general, production saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Exports from Peru

In 2022, overseas shipments of chromium, manganese, lead and copper oxides and hydroxides increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of chromium, manganese, lead and copper oxides and hydroxides rose slightly to $X in 2022. Overall, total exports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

India (X tons) was the main destination for exports of chromium, manganese, lead and copper oxides and hydroxides from Peru, with a X% share of total exports. Moreover, exports of chromium, manganese, lead and copper oxides and hydroxides to India exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was taken by Brazil (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Brazil (X% per year).

In value terms, Italy ($X), Brazil ($X) and Chile ($X) were the largest markets for chromium, manganese, lead and copper oxide and hydroxide exported from Peru worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Chile, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for chromium, manganese, lead and copper oxides and hydroxides stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price saw a mild contraction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Imports into Peru

In 2022, supplies from abroad of chromium, manganese, lead and copper oxides and hydroxides increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of chromium, manganese, lead and copper oxides and hydroxides expanded significantly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Mexico (X tons) and South Africa (X tons) were the main suppliers of imports of chromium, manganese, lead and copper oxides and hydroxides to Peru, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of chromium, manganese, lead and copper oxides and hydroxides to Peru, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and the United States (X% per year).

Import Prices by Country

The average import price for chromium, manganese, lead and copper oxides and hydroxides stood at $X per ton in 2022, standing approx. at the previous year. In general, the import price, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 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 ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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