Peru: Photographic Film Market 2024

Photographic Film Market Size in Peru

For the third consecutive year, the Peruvian photographic film market recorded decline in sales value, which decreased by -0.7% to $X in 2021. Overall, consumption, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in 2018 when the market value increased by 9.3%. Photographic film consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Photographic Film Exports

Exports from Peru

Photographic film exports from Peru soared to X square meters in 2021, jumping by 109% compared with the previous year. Over the period under review, exports, however, showed a drastic downturn. Over the period under review, the exports reached the peak figure at X square meters in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, photographic film exports skyrocketed to $X in 2021. In general, exports recorded a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 111% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Bolivia (X square meters), Chile (X square meters) and Ecuador (X square meters) were the main destinations of photographic film exports from Peru, with a combined 85% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Bolivia (with a CAGR of +41.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X) remains the key foreign market for photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed exports from Peru, comprising 69% of total exports. The second position in the ranking was taken by Chile ($X), with a 21% share of total exports. It was followed by the United States, with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bolivia totaled +65.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-1.1% per year) and the United States (-7.8% per year).

Export Prices by Country

In 2021, the average photographic film export price amounted to $X per square meter, which is down by -9.5% against the previous year. In general, the export price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 74% against the previous year. As a result, the export price attained the peak level of $X per square meter, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to Colombia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+44.5%), while the prices for the other major destinations experienced more modest paces of growth.

Photographic Film Imports

Imports into Peru

In 2021, supplies from abroad of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed was finally on the rise to reach X square meters for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of 5.4%. Over the period under review, imports attained the peak figure at X square meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, photographic film imports reduced to $X in 2021. In general, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 9.6%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X square meters) constituted the largest supplier of photographic film to Peru, accounting for a 51% share of total imports. Moreover, photographic film imports from China exceeded the figures recorded by the second-largest supplier, the United States (X square meters), twofold. The third position in this ranking was held by Taiwan (Chinese) (X square meters), with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-13.6% per year) and Taiwan (Chinese) (+16.6% per year).

In value terms, the United States ($X) constituted the largest supplier of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed to Peru, comprising 52% of total imports. The second position in the ranking was held by China ($X), with a 20% share of total imports. It was followed by Japan, with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.5% per year) and Japan (-4.5% per year).

Import Prices by Country

In 2021, the average photographic film import price amounted to $X per square meter, waning by -3.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 21%. Over the period under review, average import prices hit record highs at $X per square meter in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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