Peru: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in Peru

The Peruvian vulcanised rubber mats market dropped to $X in 2021, reducing by -11.2% 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 recorded a abrupt downturn. Vulcanised rubber mats consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Vulcanised Rubber Mats Exports

Exports from Peru

In 2021, the amount of floor coverings and mats of vulcanised rubber exported from Peru declined rapidly to X tons, which is down by -56.7% against the year before. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 3,168%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, vulcanised rubber mats exports dropped markedly to $X in 2021. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 418% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020, and then declined sharply in the following year.

Exports by Country

Chile (X tons) was the main destination for vulcanised rubber mats exports from Peru, with a 94% share of total exports. Moreover, vulcanised rubber mats exports to Chile exceeded the volume sent to the second major destination, Bolivia (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Chile stood at +35.6%.

In value terms, Chile ($X) remains the key foreign market for floor coverings and mats of vulcanised rubber exports from Peru, comprising 74% of total exports. The second position in the ranking was taken by Bolivia ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Chile stood at +43.0%.

Export Prices by Country

In 2021, the average vulcanised rubber mats export price amounted to $X per ton, which is down by -34.1% against the previous year. In general, the export price saw a drastic downturn. The pace of growth was the most pronounced in 2013 an increase of 295%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average 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 Chile amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+23.7%), while the prices for the other major destinations experienced mixed trend patterns.

Vulcanised Rubber Mats Imports

Imports into Peru

In 2021, vulcanised rubber mats imports into Peru dropped notably to X tons, with a decrease of -34.3% against 2020 figures. In general, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of 104% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, vulcanised rubber mats imports shrank to $X in 2021. Overall, imports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 103% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest vulcanised rubber mats supplier to Peru, with a 49% share of total imports. Moreover, vulcanised rubber mats imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), fourfold. The third position in this ranking was held by the United States (X tons), with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+85.2% per year) and the United States (-12.1% per year).

In value terms, China ($X), the United States ($X) and Germany ($X) appeared to be the largest vulcanised rubber mats suppliers to Peru, with a combined 54% share of total imports. Brazil, India, Taiwan (Chinese), Canada and Greece lagged somewhat behind, together accounting for a further 20%.

Greece, with a CAGR of +1,503,100.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average vulcanised rubber mats import price amounted to $X per ton, picking up by 51% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :