Peru: Common Pottery Market 2024

Common Pottery Market Size in Peru

The Peruvian common pottery market shrank to $X in 2022, waning by -2.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Common pottery consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Common Pottery Exports

Exports from Peru

In 2022, the amount of common pottery exported from Peru contracted to X tons, reducing by -3.6% against the year before. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2013 with an increase of 51%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, common pottery exports contracted modestly to $X in 2022. In general, exports continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of 80% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Bolivia (X tons), the United States (X tons) and Panama (X tons) were the main destinations of common pottery exports from Peru, together comprising 85% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +6.9%), while shipments for the other leaders experienced a decline.

In value terms, the United States ($X), Bolivia ($X) and Panama ($X) appeared to be the largest markets for common pottery exported from Peru worldwide, with a combined 88% share of total exports.

The United States, with a CAGR of +10.1%, recorded the highest growth rate of the value of exports, in terms of 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

In 2022, the average common pottery export price amounted to $X per ton, rising by 1.8% against the previous year. In general, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 59% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

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 the United States ($X per ton), while the average price for exports to Colombia ($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 Bolivia (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Common Pottery Imports

Imports into Peru

In 2022, overseas purchases of common pottery were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 22% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, common pottery imports fell to $X in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when imports increased by 17%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of common pottery to Peru, accounting for a 97% share of total imports. It was followed by Colombia (X tons), with a 2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of common pottery to Peru, comprising 93% of total imports. The second position in the ranking was taken by Colombia ($X), with a 5.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +2.2%.

Import Prices by Country

The average common pottery import price stood at $X per ton in 2022, shrinking by -17.6% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, common pottery import price increased by +49.8% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 46% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.8%).

Source: IndexBox Platform

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