Peru: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in Peru

The Peruvian marble granules and powder market expanded significantly to $X in 2021, picking up by 11% against the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Marble granules and powder consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Granules, Chippings And Powder Of Marble in Peru

In value terms, marble granules and powder production rose markedly to $X in 2021 estimated in export price. Over the period under review, the total production indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -9.1% against 2019 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 33% against the previous year. Marble granules and powder production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Granules, Chippings And Powder Of Marble

Exports from Peru

In 2021, overseas shipments of granules, chippings and powder of marble increased by 59% to X tons, rising for the fourth year in a row after two years of decline. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 320% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, marble granules and powder exports soared to $X in 2021. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 217% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Chile (X tons) was the main destination for marble granules and powder exports from Peru, with a 86% share of total exports. Moreover, marble granules and powder exports to Chile exceeded the volume sent to the second major destination, the United States (X tons), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Chile stood at +40.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+22.7% per year) and Ecuador (+30.5% per year).

In value terms, Chile ($X) emerged as the key foreign market for granules, chippings and powder of marble exports from Peru, comprising 70% of total exports. The second position in the ranking was taken by the United States ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile stood at +42.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+16.8% per year) and Ecuador (+50.9% per year).

Export Prices by Country

The average marble granules and powder export price stood at $X per ton in 2021, which is down by -3% against the previous year. In general, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2019 an increase of 15% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+15.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Granules, Chippings And Powder Of Marble

Imports into Peru

In 2021, marble granules and powder imports into Peru expanded notably to X tons, surging by 5.4% on the year before. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 486%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, marble granules and powder imports declined modestly to $X in 2021. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 392%. Over the period under review, imports attained the peak figure at $X in 2020, and then reduced slightly in the following year.

Imports by Country

In 2021, Colombia (X tons) constituted the largest marble granules and powder supplier to Peru, with a 78% share of total imports. Moreover, marble granules and powder imports from Colombia exceeded the figures recorded by the second-largest supplier, Mexico (X tons), more than tenfold. The third position in this ranking was held by Vietnam (X tons), with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Colombia totaled +107.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+41.9% per year) and Vietnam (+117.7% per year).

In value terms, Colombia ($X) constituted the largest supplier of granules, chippings and powder of marble to Peru, comprising 68% of total imports. The second position in the ranking was taken by Mexico ($X), with a 15% share of total imports. It was followed by the United States, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Colombia stood at +106.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+51.4% per year) and the United States (+35.0% per year).

Import Prices by Country

The average marble granules and powder import price stood at $X per ton in 2021, falling by -8.7% against the previous year. Overall, the import price saw a perceptible decrease. The pace of growth was the most pronounced in 2013 an increase of 13%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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 Brazil ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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