Peru: Market for Clays For Construction and Industrial Use 2024

Market Size for Clays For Construction and Industrial Use in Peru

The Peruvian market for clays for construction and industrial use was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption, however, saw a mild reduction. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Clays For Construction and Industrial Use in Peru

In value terms, production of clays for construction and industrial use fell to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 39%. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a lower figure.

Exports of Clays For Construction and Industrial Use

Exports from Peru

In 2022, the amount of clays for construction and industrial use exported from Peru fell dramatically to X tons, reducing by -17.8% compared with the previous year. Overall, total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +6.6% 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 +31.3% against 2020 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 70%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of clays for construction and industrial use dropped notably to $X in 2022. In general, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 79% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Free Zones (X tons), Belgium (X tons) and Spain (X tons) were the main destinations of exports of clays for construction and industrial use from Peru, with a combined 36% share of total exports. Ecuador, Turkey, Italy, the United States, Slovakia, Germany, China, the Netherlands, Brazil and Venezuela lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +25.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for clays for construction and industrial use exported from Peru were Spain ($X), Belgium ($X) and Turkey ($X), together comprising 28% of total exports. Free Zones, Italy, Germany, Slovakia, the United States, Ecuador, the Netherlands, Brazil, China and Venezuela lagged somewhat behind, together comprising a further 23%.

Brazil, with a CAGR of +26.8%, recorded the highest growth rate of the value of exports, among the main countries of destination 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 clays for construction and industrial use stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 31%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Ecuador ($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 Germany (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clays For Construction and Industrial Use

Imports into Peru

In 2022, purchases abroad of clays for construction and industrial use decreased by -6% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 46%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of clays for construction and industrial use fell to $X in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.0% against 2017 indices. The growth pace was the most rapid in 2015 when imports increased by 76% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

The United States (X tons), the UK (X tons) and Spain (X tons) were the main suppliers of imports of clays for construction and industrial use to Peru, with a combined 82% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +27.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest clays for construction and industrial use suppliers to Peru were the United States ($X), Spain ($X) and the UK ($X), together comprising 86% of total imports.

Among the main suppliers, Spain, with a CAGR of +23.6%, saw 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

In 2022, the average import price for clays for construction and industrial use amounted to $X per ton, declining by -3.3% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the average import price increased by 40% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the UK ($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 (+7.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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