Peru: Market for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) 2024

Market Size for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) in Peru

The Peruvian market for particle board and similar board of ligneous materials (excluding wood) fell significantly to $X in 2021, which is down by -31.4% 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). Overall, consumption saw a abrupt contraction. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Exports from Peru

In 2021, overseas shipments of particle board and similar board of ligneous materials (excluding wood) decreased by -66.7% to X cubic meters for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 100%. The exports peaked at X cubic meters in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of particle board and similar board of ligneous materials (excluding wood) reduced sharply to $X in 2021. Overall, exports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2018 with an increase of 676% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The Dominican Republic (X cubic meters) was the main destination for exports of particle board and similar board of ligneous materials (excluding wood) from Peru, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the Dominican Republic was relatively modest.

In value terms, the Dominican Republic ($X) remains the key foreign market for particle board and similar board of ligneous materials (excluding wood) exports from Peru, comprising 24% of total exports. The second position in the ranking was taken by Bolivia ($X), with an 8.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the Dominican Republic totaled +4.4%.

Export Prices by Country

The average export price for particle board and similar board of ligneous materials (excluding wood) stood at $X per cubic meter in 2021, with a decrease of -35.1% against the previous year. Overall, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 1,659% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per cubic meter), while the average price for exports to Bolivia stood at $X per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+509,768.9%), while the prices for the other major destinations experienced a decline.

Imports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Imports into Peru

In 2021, approx. X cubic meters of particle board and similar board of ligneous materials (excluding wood) were imported into Peru; with a decrease of -41.3% compared with 2020 figures. Overall, imports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when imports increased by 1,177%. As a result, imports reached the peak of X cubic meters. From 2017 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of particle board and similar board of ligneous materials (excluding wood) reduced remarkably to $X in 2021. In general, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 819% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, Brazil (X cubic meters) constituted the largest board of bagasse, bamboo or other particles supplier to Peru, accounting for a 57% share of total imports. Moreover, imports of particle board and similar board of ligneous materials (excluding wood) from Brazil exceeded the figures recorded by the second-largest supplier, China (X cubic meters), threefold. The third position in this ranking was taken by Ecuador (X cubic meters), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Brazil totaled +26.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+65.7% per year) and Ecuador (-7.5% per year).

In value terms, the largest board of bagasse, bamboo or other particles suppliers to Peru were Brazil ($X), China ($X) and Ecuador ($X), with a combined 85% share of total imports.

In terms of the main suppliers, China, with a CAGR of +71.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for particle board and similar board of ligneous materials (excluding wood) amounted to $X per cubic meter, jumping by 32% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 55%. As a result, import price attained the peak level of $X per cubic meter. From 2014 to 2021, the average import prices failed to regain momentum.

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 Spain ($X per cubic meter), while the price for Mexico ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+18.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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