Peru: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in Peru

The Peruvian graphite non-electrical articles market surged to $X in 2021, rising by 18% 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). In general, consumption, however, showed a perceptible contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Graphite Non-Electrical Articles Exports

Exports from Peru

In 2021, exports of non-electrical articles of graphite or other carbon from Peru dropped significantly to X kg, with a decrease of -71.7% compared with the previous year. In general, exports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 315%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, graphite non-electrical articles exports shrank remarkably to $X in 2021. Over the period under review, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2017 when exports increased by 299% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X kg) was the main destination for graphite non-electrical articles exports from Peru, accounting for a 64% share of total exports. Moreover, graphite non-electrical articles exports to the United States exceeded the volume sent to the second major destination, Bolivia (X kg), fivefold. The third position in this ranking was held by Brazil (X kg), with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+13.0% per year) and Brazil (-89.3% per year).

In value terms, the United States ($X) emerged as the key foreign market for graphite non-electrical articles exports from Peru, comprising 71% of total exports. The second position in the ranking was taken by Chile ($X), with a 14% share of total exports. It was followed by Bolivia, with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at -9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-45.8% per year) and Bolivia (+5.5% per year).

Export Prices by Country

The average graphite non-electrical articles export price stood at $X per ton in 2021, shrinking by -12.8% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 51%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Chile ($X per ton), while the average price for exports to Sweden ($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 Venezuela (+50.4%), while the prices for the other major destinations experienced mixed trend patterns.

Graphite Non-Electrical Articles Imports

Imports into Peru

In 2021, imports of non-electrical articles of graphite or other carbon into Peru surged to X tons, growing by 25% compared with the year before. In general, imports, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2015 when imports increased by 85%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, graphite non-electrical articles imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 104% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), the United States (X tons) and India (X tons) were the main suppliers of graphite non-electrical articles imports to Peru, with a combined 73% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +78.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of graphite non-electrical articles to Peru, comprising 39% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports. It was followed by Germany, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-5.5% per year) and Germany (+2.4% per year).

Import Prices by Country

In 2021, the average graphite non-electrical articles import price amounted to $X per ton, with a decrease of -6.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2013 an increase of 34%. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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