Peru: Fiberboard Market 2024

Fiberboard Market Size in Peru

The Peruvian fiberboard market reduced markedly to $X in 2022, with a decrease of -21.4% 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). Overall, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +37.3% against 2020 indices. As a result, consumption reached the peak level of $X, and then reduced notably in the following year.

Fiberboard Exports

Exports from Peru

In 2022, approx. X cubic meters of fiber board of wood or other ligneous materials were exported from Peru; declining by -21.3% on the previous year's figure. Overall, exports faced a deep downturn. The growth pace was the most rapid in 2014 with an increase of 224% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, fiberboard exports contracted notably to $X in 2022. In general, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 278% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Chile (X cubic meters) was the main destination for fiberboard exports from Peru, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile stood at -15.0%.

In value terms, Chile ($X) also remains the key foreign market for fiber board of wood or other ligneous materials exports from Peru.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile totaled -6.2%.

Export Prices by Country

In 2022, the average fiberboard export price amounted to $X per cubic meter, dropping by -19.6% against the previous year. Overall, the export price, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 an increase of 117%. As a result, the export price reached the peak level of $X per cubic meter, and then contracted sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +25.1% per year.

Fiberboard Imports

Imports into Peru

In 2022, purchases abroad of fiber board of wood or other ligneous materials decreased by -14.9% to X cubic meters for the first time since 2019, thus ending a two-year rising trend. Overall, total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +3.4% 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 +8.4% against 2018 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of X cubic meters, and then dropped in the following year.

In value terms, fiberboard imports dropped sharply to $X in 2022. In general, total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.4% 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 +41.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year. As a result, imports reached the peak of $X, and then shrank rapidly in the following year.

Imports by Country

Brazil (X cubic meters), Turkey (X cubic meters) and Chile (X cubic meters) were the main suppliers of fiberboard imports to Peru, with a combined 65% share of total imports. China, Thailand, Germany, Bolivia and Ecuador lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +169.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fiberboard suppliers to Peru were Brazil ($X), Turkey ($X) and Chile ($X), with a combined 59% share of total imports. China, Germany, Thailand, Bolivia and Ecuador lagged somewhat behind, together comprising a further 36%.

Among the main suppliers, Thailand, with a CAGR of +188.9%, 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

In 2022, the average fiberboard import price amounted to $X per cubic meter, shrinking by -9.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 28% against the previous year. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per cubic meter), while the price for Bolivia ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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