Peru: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in Peru

The Peruvian multiple-walled insulating glass unit market amounted to $X in 2021, with an increase of 11% against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Multiple-Walled Insulating Units Of Glass in Peru

In value terms, multiple-walled insulating glass unit production expanded remarkably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 with an increase of 25%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Multiple-Walled Insulating Units Of Glass

Exports from Peru

In 2021, multiple-walled insulating glass unit exports from Peru surged to X square meters, rising by 529% against the previous year. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, multiple-walled insulating glass unit exports soared to $X in 2021. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Egypt (X square meters) was the main destination for multiple-walled insulating glass unit exports from Peru, with a 100% share of total exports. It was followed by Chile (X square meters), with a 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Egypt amounted to +457.0%.

In value terms, Egypt ($X) emerged as the key foreign market for multiple-walled insulating units of glass exports from Peru, comprising 100% of total exports. The second position in the ranking was taken by Chile ($X), with a 0.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Egypt amounted to +213.6%.

Export Prices by Country

The average multiple-walled insulating glass unit export price stood at $X per square meter in 2021, which is down by -16.2% 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 2015 an increase of 71% against the previous year. The export price peaked at $X per square meter in 2019; however, from 2020 to 2021, 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 Chile ($X per square meter), while the average price for exports to Egypt totaled $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+35.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Multiple-Walled Insulating Units Of Glass

Imports into Peru

In 2021, imports of multiple-walled insulating units of glass into Peru dropped notably to X square meters, falling by -24.4% compared with 2020 figures. In general, imports saw a abrupt descent. The pace of growth was the most pronounced in 2014 when imports increased by 209% against the previous year. As a result, imports attained the peak of X square meters. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, multiple-walled insulating glass unit imports contracted to $X in 2021. Over the period under review, imports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 282% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X square meters) constituted the largest multiple-walled insulating glass unit supplier to Peru, with a 18% share of total imports. Moreover, multiple-walled insulating glass unit imports from China exceeded the figures recorded by the second-largest supplier, Colombia (X square meters), twofold. The third position in this ranking was held by Chile (X square meters), with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +34.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+51.0% per year) and Chile (-36.0% per year).

In value terms, Colombia ($X) constituted the largest supplier of multiple-walled insulating units of glass to Peru, comprising 12% of total imports. The second position in the ranking was held by China ($X), with a 5.9% share of total imports. It was followed by Germany, with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Colombia stood at +110.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+40.4% per year) and Germany (-11.7% per year).

Import Prices by Country

The average multiple-walled insulating glass unit import price stood at $X per square meter in 2021, increasing by 13% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, multiple-walled insulating glass unit import price increased by +122.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 97%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

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 Germany ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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