Peru: Market for Other Plastic Tubes, Pipes and Hoses 2024

Market Size for Other Plastic Tubes, Pipes and Hoses in Peru

The Peruvian market for other plastic tubes, pipes and hoses dropped dramatically to $X in 2022, declining by -24.4% 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). Over the period under review, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +43.6% against 2020 indices. As a result, consumption reached the peak level of $X, and then declined rapidly in the following year.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports from Peru

In 2022, approx. X tons of other plastic tubes, pipes and hoses were exported from Peru; picking up by 42% compared with the year before. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 1,720% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of other plastic tubes, pipes and hoses soared to $X in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2017 with an increase of 690%. Over the period under review, the exports of reached the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Chile (X tons) was the main destination for exports of other plastic tubes, pipes and hoses from Peru, accounting for a 44% share of total exports. Moreover, exports of other plastic tubes, pipes and hoses to Chile exceeded the volume sent to the second major destination, Bolivia (X tons), twofold. The third position in this ranking was taken by Ecuador (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile stood at +218.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+22.4% per year) and Ecuador (+23.6% per year).

In value terms, Chile ($X) emerged as the key foreign market for other plastic tubes, pipes and hoses exports from Peru, comprising 47% of total exports. The second position in the ranking was held by Ecuador ($X), with a 17% share of total exports. It was followed by Colombia, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile totaled +218.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (+25.4% per year) and Colombia (+188.0% per year).

Export Prices by Country

In 2022, the average export price for other plastic tubes, pipes and hoses amounted to $X per ton, reducing by -16.4% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 167% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, 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 Cuba ($X per ton), while the average price for exports to Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports into Peru

In 2022, approx. X tons of other plastic tubes, pipes and hoses were imported into Peru; dropping by -13.8% compared with 2021 figures. In general, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 84%. Over the period under review, imports of attained the maximum at X tons in 2021, and then dropped in the following year.

In value terms, imports of other plastic tubes, pipes and hoses declined sharply to $X in 2022. Overall, total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.3% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 78%. Imports peaked at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest other plastic tubes, pipes and hoses supplier to Peru, with a 63% share of total imports. Moreover, imports of other plastic tubes, pipes and hoses from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), eightfold. The third position in this ranking was taken by Mexico (X tons), with a 6% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +23.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+5.9% per year) and Mexico (+35.5% per year).

In value terms, China ($X) constituted the largest supplier of other plastic tubes, pipes and hoses to Peru, comprising 51% of total imports. The second position in the ranking was held by the United States ($X), with a 13% share of total imports. It was followed by Mexico, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +21.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.0% per year) and Mexico (+18.7% per year).

Import Prices by Country

In 2022, the average import price for other plastic tubes, pipes and hoses amounted to $X per ton, shrinking by -9.1% against the previous year. Over the period under review, the import price recorded a pronounced decrease. The pace of growth was the most pronounced in 2021 when the average import price increased by 27%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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