Peru: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in Peru

The Peruvian phosphorus, arsenic and selenium market soared to $X in 2021, increasing by 88% against the previous year. Overall, consumption, however, continues to indicate a abrupt shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Phosphorus, Arsenic And Selenium in Peru

In value terms, phosphorus, arsenic and selenium production expanded slightly to $X in 2021 estimated in export price. In general, production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by 14% against the previous year. Phosphorus, arsenic and selenium production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Phosphorus, Arsenic And Selenium

Exports from Peru

In 2021, approx. X tons of phosphorus, arsenic and selenium were exported from Peru; declining by -16% compared with 2020 figures. In general, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2017 when exports increased by 93%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, phosphorus, arsenic and selenium exports skyrocketed to $X in 2021. Over the period under review, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of 125% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tons), Mexico (X tons) and the United States (X tons) were the main destinations of phosphorus, arsenic and selenium exports from Peru, with a combined 99.9% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +132.3%), while the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), Mexico ($X) and the United States ($X) appeared to be the largest markets for phosphorus, arsenic and selenium exported from Peru worldwide.

Mexico, with a CAGR of +113.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 phosphorus, arsenic and selenium export price amounted to $X per ton, rising by 41% against the previous year. Overall, the export price, however, showed a dramatic curtailment. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to the United States ($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 Hong Kong SAR (-1.7%), while the prices for the other major destinations experienced a decline.

Imports of Phosphorus, Arsenic And Selenium

Imports into Peru

Phosphorus, arsenic and selenium imports into Peru skyrocketed to X tons in 2021, increasing by 62% against the previous year's figure. Over the period under review, imports, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2015 with an increase of 64%. 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, phosphorus, arsenic and selenium imports skyrocketed to $X in 2021. In general, imports, however, showed a abrupt decline. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest phosphorus, arsenic and selenium supplier to Peru, with a 62% share of total imports. Moreover, phosphorus, arsenic and selenium imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Panama (X tons) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-6.4% per year) and Panama (+20.1% per year).

In value terms, India ($X), China ($X) and Panama ($X) constituted the largest phosphorus, arsenic and selenium suppliers to Peru, with a combined 92% share of total imports.

In terms of the main suppliers, China, with a CAGR of +11.4%, saw 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

The average phosphorus, arsenic and selenium import price stood at $X per ton in 2021, dropping by -10.2% against the previous year. Overall, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 139% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 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 Panama ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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