Peru: Nail And Bolt Market 2025

Nail And Bolt Market Size in Peru

In 2021, the Peruvian nail and bolt market increased by 69% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Nail And Bolt Exports

Exports from Peru

Nail and bolt exports from Peru expanded rapidly to X tons in 2021, surging by 14% compared with the previous year. Over the period under review, total exports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -6.8% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of 61%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, nail and bolt exports soared to $X in 2021. Overall, total exports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 43%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Colombia (X tons) was the main destination for nail and bolt exports from Peru, accounting for a 59% share of total exports. Moreover, nail and bolt exports to Colombia exceeded the volume sent to the second major destination, Chile (X tons), twofold. The third position in this ranking was held by Bolivia (X tons), with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume to Colombia stood at +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+48.4% per year) and Bolivia (-8.9% per year).

In value terms, Colombia ($X), Chile ($X) and Bolivia ($X) were the largest markets for nail and bolt exported from Peru worldwide, together comprising 73% of total exports.

In terms of the main countries of destination, Chile, with a CAGR of +30.8%, 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 nail and bolt export price stood at $X per ton in 2021, jumping by 17% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 18%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, 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 Ecuador ($X per ton), while the average price for exports to Colombia ($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 Bolivia (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

Nail And Bolt Imports

Imports into Peru

In 2021, nail and bolt imports into Peru skyrocketed to X tons, jumping by 57% against the year before. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, nail and bolt imports soared to $X in 2021. Overall, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest nail and bolt supplier to Peru, with a 85% share of total imports. Moreover, nail and bolt imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.3% per year) and Taiwan (Chinese) (-0.5% per year).

In value terms, China ($X) constituted the largest supplier of nails, tacks, staples, screws and bolts to Peru, comprising 47% of total imports. The second position in the ranking was taken by the United States ($X), with a 22% share of total imports. It was followed by Taiwan (Chinese), with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.5% per year) and Taiwan (Chinese) (+0.5% per year).

Import Prices by Country

The average nail and bolt import price stood at $X per ton in 2021, increasing by 2.5% against the previous year. Overall, the import price, however, continues to indicate a mild downturn. The pace of growth was the most pronounced in 2017 an increase of 16% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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