Peru: Market for Organic Surface Active Agents 2024

Market Size for Organic Surface Active Agents in Peru

The Peruvian organic surface active agent market was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern 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.

Exports of Organic Surface Active Agents

Exports from Peru

After two years of growth, overseas shipments of organic surface active agents decreased by -58.8% to X tons in 2021. Over the period under review, exports, however, recorded resilient growth. The pace of growth was the most pronounced in 2014 when exports increased by 217% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020, and then contracted markedly in the following year.

In value terms, organic surface active agent exports fell remarkably to $X in 2021. Overall, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2014 when exports increased by 202% against the previous year. The exports peaked at $X in 2020, and then declined remarkably in the following year.

Exports by Country

Ecuador (X tons), Bolivia (X tons) and Chile (X tons) were the main destinations of organic surface active agent exports from Peru, with a combined 75% share of total exports. These countries were followed by Colombia, Venezuela, Honduras and Panama, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Honduras (with a CAGR of +222.5%), while the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X), Bolivia ($X) and Chile ($X) constituted the largest markets for organic surface active agent exported from Peru worldwide, with a combined 76% share of total exports. Colombia, Venezuela, Honduras and Panama lagged somewhat behind, together accounting for a further 18%.

Among the main countries of destination, Honduras, with a CAGR of +162.0%, 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

In 2021, the average organic surface active agent export price amounted to $X per ton, with an increase of 20% against the previous year. Over the period under review, the export price, however, recorded a pronounced slump. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Ecuador ($X per ton) and Bolivia ($X per ton), while the average price for exports to Panama ($X per ton) and Honduras ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Organic Surface Active Agents

Imports into Peru

In 2021, after four years of growth, there was decline in overseas purchases of organic surface active agents, when their volume decreased by -4.5% to X tons. The total import volume increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 with an increase of 31%. Imports peaked at X tons in 2020, and then shrank modestly in the following year.

In value terms, organic surface active agent imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 18% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), the United States (X tons) and South Korea (X tons) were the main suppliers of organic surface active agent imports to Peru, with a combined 46% share of total imports. Brazil, Germany, Mexico, Chile, Russia, Spain, Colombia, Egypt, India and Italy lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +27.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest organic surface active agent suppliers to Peru were the United States ($X), China ($X) and Germany ($X), together accounting for 46% of total imports. Brazil, Mexico, South Korea, Chile, Spain, Italy, Russia, India, Colombia and Egypt lagged somewhat behind, together comprising a further 36%.

Egypt, with a CAGR of +26.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average organic surface active agent import price amounted to $X per ton, jumping by 23% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 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, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform