Report Update Nov 1, 2024

Peru - High-Tenacity Filament Yarn of Polyesters - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Market for High-Tenacity Filament Yarn Of Polyesters 2024

Market Size for High-Tenacity Filament Yarn Of Polyesters in Peru

In 2021, the Peruvian high-tenacity filament polyester yarn market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a mild descent. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of High-Tenacity Filament Yarn Of Polyesters

Exports from Peru

In 2021, overseas shipments of high-tenacity filament yarn of polyesters decreased by -35.1% to X tons for the first time since 2011, thus ending a nine-year rising trend. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 226%. The exports peaked at X tons in 2020, and then reduced markedly in the following year.

In value terms, high-tenacity filament polyester yarn exports dropped rapidly to $X in 2021. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 155% against the previous year. The exports peaked at $X in 2020, and then declined markedly in the following year.

Exports by Country

Chile (X tons), Costa Rica (X tons) and the Dominican Republic (X kg) were the main destinations of high-tenacity filament polyester yarn exports from Peru.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +49.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for high-tenacity filament polyester yarn exported from Peru were Costa Rica ($X), Chile ($X) and the Dominican Republic ($X).

In terms of the main countries of destination, Chile, with a CAGR of +48.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average high-tenacity filament polyester yarn export price stood at $X per ton in 2021, with an increase of 3.5% against the previous year. In general, the export price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 66%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Chile ($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 Chile (-0.6%), while the prices for the other major destinations experienced a decline.

Imports of High-Tenacity Filament Yarn Of Polyesters

Imports into Peru

In 2021, purchases abroad of high-tenacity filament yarn of polyesters was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a notable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, high-tenacity filament polyester yarn imports surged to $X in 2021. Overall, imports, however, saw a pronounced shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of high-tenacity filament polyester yarn to Peru, with a 94% share of total imports. It was followed by South Korea (X tons), with a 2.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+43.4% per year) and Japan (-36.8% per year).

In value terms, China ($X) constituted the largest supplier of high-tenacity filament yarn of polyesters to Peru, comprising 87% of total imports. The second position in the ranking was held by South Korea ($X), with a 4.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+35.0% per year) and Japan (-36.2% per year).

Import Prices by Country

In 2021, the average high-tenacity filament polyester yarn import price amounted to $X per ton, with an increase of 7.2% against the previous year. Over the period under review, the import price, however, showed a noticeable shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 20%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for high-tenacity filament yarn of polyesters in the world?

China remains the largest high-tenacity filament polyester yarn consuming country worldwide, comprising approx. 23% of total volume. Moreover, high-tenacity filament polyester yarn consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.8% share.

What are the largest producers of high-tenacity filament yarn of polyesters in the world?

The country with the largest volume of high-tenacity filament polyester yarn production was China, accounting for 57% of total volume. Moreover, high-tenacity filament polyester yarn production in China exceeded the figures recorded by the second-largest producer, India, eightfold. Indonesia ranked third in terms of total production with a 4.1% share.

What are the leading suppliers of high-tenacity filament yarn of polyesters to Peru?

In value terms, China constituted the largest supplier of high-tenacity filament polyester yarn to Peru, comprising 87% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with a 5.7% share of total imports.

What are the leading importers of high-tenacity filament yarn of polyesters from Peru?

In value terms, the Philippines emerged as the key foreign market for high-tenacity filament polyester yarn exports from Peru, comprising 96% of total exports. The second position in the ranking was occupied by Chile, with a 3% share of total exports.

What is the average export price for high-tenacity filament yarn of polyesters in Peru?

The average high-tenacity filament polyester yarn export price stood at $2,737 per ton in 2020, waning by -11.7% against the previous year.

What is the average import price for high-tenacity filament yarn of polyesters in Peru?

In 2020, the average high-tenacity filament polyester yarn import price amounted to $1,351 per ton, which is down by -22.9% against the previous year.

This report provides an in-depth analysis of the market for high-tenacity filament polyester yarn in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20601260 - High-tenacity filament yarn of polyesters (excluding that put up for retail sale)

Country coverage:

Peru

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Peru
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023