Peru: Market for Mattresses of cellular rubber or plastics 2024

Market Size for Mattresses of cellular rubber or plastics in Peru

The Peruvian market for mattresses of cellular rubber or plastics reduced remarkably to $X in 2022, shrinking by -45.8% 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). Over the period under review, consumption recorded a abrupt decline. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Exports of Mattresses of cellular rubber or plastics

Exports from Peru

Exports of mattresses of cellular rubber or plastics from Peru soared to X units in 2022, rising by 42% on the previous year. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 349% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of mattresses of cellular rubber or plastics soared to $X in 2022. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 265% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Chile (X units) was the main destination for exports of mattresses of cellular rubber or plastics from Peru, with a 76% share of total exports. Moreover, exports of mattresses of cellular rubber or plastics to Chile exceeded the volume sent to the second major destination, Bolivia (X units), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile stood at +48.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+31.8% per year) and Ecuador (+37.4% per year).

In value terms, Chile ($X), Bolivia ($X) and Ecuador ($X) appeared to be the largest markets for mattresses of cellular rubber or plastics exported from Peru worldwide, together comprising 92% of total exports.

In terms of the main countries of destination, Ecuador, with a CAGR of +69.5%, saw 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 export price for mattresses of cellular rubber or plastics stood at $X per unit in 2022, falling by -18.9% against the previous year. In general, the export price saw a deep setback. The pace of growth was the most pronounced in 2014 an increase of 135%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+23.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mattresses of cellular rubber or plastics

Imports into Peru

Imports of mattresses of cellular rubber or plastics into Peru dropped rapidly to X units in 2022, waning by -46.6% on 2021. Over the period under review, imports faced a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 716% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of mattresses of cellular rubber or plastics contracted markedly to $X in 2022. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 359%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Denmark (X units) and France (X units) were the main suppliers of imports of mattresses of cellular rubber or plastics to Peru, together accounting for 57% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +69.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Denmark ($X) and France ($X) were the largest mattresses of cellular rubber or plastics suppliers to Peru, together comprising 58% of total imports.

In terms of the main suppliers, Chile, with a CAGR of +47.3%, saw 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 import price for mattresses of cellular rubber or plastics amounted to $X per unit, rising by 14% against the previous year. Over the period under review, the import price showed notable growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 58%. Over the period under review, average import prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Chile ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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