Peru: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2025

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Peru

The Peruvian market for floor, wall or ceiling coverings of plastics dropped to $X in 2022, reducing by -10.4% 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). In general, consumption, however, recorded strong growth. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports from Peru

In 2022, approx. X square meters of floor, wall or ceiling coverings of plastics were exported from Peru; waning by -18.8% on the year before. Over the period under review, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. Over the period under review, the exports of attained the peak figure at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of floor, wall or ceiling coverings of plastics fell to $X in 2022. In general, exports faced a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of 33% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Bolivia (X square meters), Colombia (X square meters) and Chile (X square meters) were the main destinations of exports of floor, wall or ceiling coverings of plastics from Peru, together accounting for 88% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of +0.5%), while the other leaders experienced a decline.

In value terms, the largest markets for plastic floor, wall and ceiling coverings exported from Peru were Bolivia ($X), Colombia ($X) and Chile ($X), with a combined 82% share of total exports.

Among the main countries of destination, Colombia, with a CAGR of +0.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for floor, wall or ceiling coverings of plastics amounted to $X per square meter, surging by 8.2% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 22%. The export price peaked at $X per square meter in 2013; however, from 2014 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 Venezuela ($X per square meter), while the average price for exports to Colombia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports into Peru

In 2022, approx. X square meters of floor, wall or ceiling coverings of plastics were imported into Peru; which is down by -10.7% against the previous year. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +4.2% 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 +11.1% against 2020 indices. The pace of growth was the most pronounced in 2018 when imports increased by 58%. Over the period under review, imports of hit record highs at X square meters in 2021, and then dropped in the following year.

In value terms, imports of floor, wall or ceiling coverings of plastics shrank to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 48%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of plastic floor, wall and ceiling coverings to Peru, with a 70% share of total imports. Moreover, imports of floor, wall or ceiling coverings of plastics from China exceeded the figures recorded by the second-largest supplier, South Korea (X square meters), fivefold. Sweden (X square meters) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+1.5% per year) and Sweden (+10.6% per year).

In value terms, China ($X) constituted the largest supplier of floor, wall or ceiling coverings of plastics to Peru, comprising 64% of total imports. The second position in the ranking was held by South Korea ($X), with a 10% share of total imports. It was followed by the United States, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+0.2% per year) and the United States (-20.4% per year).

Import Prices by Country

In 2022, the average import price for floor, wall or ceiling coverings of plastics amounted to $X per square meter, remaining constant against the previous year. Over the period under review, the import price showed a perceptible curtailment. The growth pace was the most rapid in 2014 when the average import price increased by 11% against the previous year. The import price peaked at $X per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for South Korea ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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