Report Update Nov 1, 2024

Peru - O-Acetylsalicylic Acid, Its Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights

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Peru: O-Acetylsalicylic Acid Market 2024

O-Acetylsalicylic Acid Market Size in Peru

In 2021, after three years of growth, there was significant decline in the Peruvian o-acetylsalicylic acid market, when its value decreased by -28.3% to $X. Overall, consumption, however, recorded a buoyant expansion. O-acetylsalicylic acid consumption peaked at $X in 2020, and then dropped sharply in the following year.

O-Acetylsalicylic Acid Exports

Exports from Peru

In 2021, shipments abroad of o-acetylsalicylic acid, its salts and esters decreased by -43.2% to X kg, falling for the fifth consecutive year after five years of growth. Overall, exports showed a abrupt descent. The growth pace was the most rapid in 2013 with an increase of 388% against the previous year. Over the period under review, the exports reached the peak figure at X kg in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, o-acetylsalicylic acid exports fell sharply to $X in 2021. Over the period under review, exports saw a pronounced decline. The pace of growth appeared the most rapid in 2013 with an increase of 509%. 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

Panama (X kg) was the main destination for o-acetylsalicylic acid exports from Peru, accounting for a 95% share of total exports. Moreover, o-acetylsalicylic acid exports to Panama exceeded the volume sent to the second major destination, China (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Panama stood at -11.3%.

In value terms, Panama ($X) remains the key foreign market for o-acetylsalicylic acid, its salts and esters exports from Peru, comprising 73% of total exports. The second position in the ranking was held by China ($X), with a 27% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Panama amounted to -8.1%.

Export Prices by Country

The average o-acetylsalicylic acid export price stood at $X per ton in 2021, reducing by -15% against the previous year. Over the period under review, the export price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2019 an increase of 88%. The export price peaked at $X per ton in 2020, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Panama stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+3.4%).

O-Acetylsalicylic Acid Imports

Imports into Peru

In 2021, approx. X tons of o-acetylsalicylic acid, its salts and esters were imported into Peru; shrinking by -25.1% on 2020 figures. Over the period under review, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 89%. As a result, imports attained the peak of X tons, and then reduced dramatically in the following year.

In value terms, o-acetylsalicylic acid imports declined sharply to $X in 2021. In general, imports, however, posted a resilient increase. The growth pace was the most rapid in 2013 when imports increased by 95% against the previous year. Imports peaked at $X in 2020, and then fell remarkably in the following year.

Imports by Country

China (X tons), Ecuador (X tons) and Colombia (X tons) were the main suppliers of o-acetylsalicylic acid imports to Peru, together accounting for 99% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +23.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Ecuador ($X) and Colombia ($X) constituted the largest o-acetylsalicylic acid suppliers to Peru, together comprising 97% of total imports.

In terms of the main suppliers, China, with a CAGR of +26.6%, recorded the highest rates of growth with regard to 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

The average o-acetylsalicylic acid import price stood at $X per ton in 2021, which is down by -6.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2019 when the average import price increased by 24%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

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 Colombia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for o-acetylsalicylic acid, its salts and esters in the world?

The countries with the highest volumes of o-acetylsalicylic acid consumption in 2020 were the United States, China and Russia, with a combined 36% share of global consumption. Thailand, Italy, Germany, South Africa, Kenya, Mexico, Ukraine, Brazil, Argentina and Belarus lagged somewhat behind, together accounting for a further 35%.

What are the largest producers of o-acetylsalicylic acid, its salts and esters in the world?

The countries with the highest volumes of o-acetylsalicylic acid production in 2020 were China, Spain and Thailand, together comprising 96% of global production. Ecuador lagged somewhat behind, comprising a further 1.6%.

What are the leading suppliers of o-acetylsalicylic acid, its salts and esters to Peru?

In value terms, Ecuador and China constituted the largest o-acetylsalicylic acid suppliers to Peru.

What is the average export price for o-acetylsalicylic acid, its salts and esters in Peru?

The average o-acetylsalicylic acid export price stood at $12,333 per ton in 2010, leveling off at the previous year.

What is the average import price for o-acetylsalicylic acid, its salts and esters in Peru?

The average o-acetylsalicylic acid import price stood at $5,994 per ton in 2020, reducing by -12.8% against the previous year.

This report provides an in-depth analysis of the o-acetylsalicylic acid market 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 21101050 - O-acetylsalicylic acid, its salts and esters

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:

Take advantage of the latest data
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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