Peru: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Peru

The Peruvian market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid shrank markedly to $X in 2022, with a decrease of -31.5% 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). In general, consumption showed a mild decrease. As a result, consumption reached the peak level of $X, and then fell sharply in the following year.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports from Peru

In 2022, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from Peru contracted dramatically to X tons, which is down by -70.5% compared with 2021 figures. Overall, exports continue to indicate a noticeable downturn. The growth pace was the most rapid in 2017 with an increase of 212%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid fell markedly to $X in 2022. In general, exports saw a abrupt decline. The growth pace was the most rapid in 2017 when exports increased by 170% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Venezuela (X tons) was the main destination for exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from Peru, with a 82% share of total exports. Moreover, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Venezuela exceeded the volume sent to the second major destination, Ecuador (X kg), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Venezuela stood at -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (+2.1% per year) and Bolivia (-17.3% per year).

In value terms, the largest markets for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exported from Peru were Bolivia ($X), Venezuela ($X) and Ecuador ($X), with a combined 88% share of total exports.

Ecuador, with a CAGR of +14.1%, saw 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 mixed trend patterns.

Export Prices by Country

In 2022, the average export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, falling by -10.5% against the previous year. In general, the export price recorded a deep downturn. The growth pace was the most rapid in 2020 when the average export price increased by 31%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Venezuela ($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 (+22.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports into Peru

Imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid into Peru dropped sharply to X tons in 2022, declining by -24.1% compared with the previous year. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 26%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid declined rapidly to $X in 2022. Over the period under review, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. As a result, imports attained the peak of $X, and then fell rapidly in the following year.

Imports by Country

Vietnam (X tons), South Korea (X tons) and Chile (X tons) were the main suppliers of imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Peru, with a combined 76% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +57.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), South Korea ($X) and Chile ($X) appeared to be the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid suppliers to Peru, together accounting for 75% of total imports.

Among the main suppliers, Vietnam, with a CAGR of +100.6%, saw the highest rates of growth with regard to 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 dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, which is down by -14.3% against the previous year. Over the period under review, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 65% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+27.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :