Report Update Nov 1, 2024

Peru - Plastic Reservoirs, Tanks and Vats - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Plastic Reservoir Market 2024

Plastic Reservoir Market Size in Peru

After two years of growth, the Peruvian plastic reservoir market decreased by -23.7% to $X in 2022. Over the period under review, consumption, however, enjoyed a prominent increase. Over the period under review, the market reached the peak level at $X in 2021, and then fell remarkably in the following year.

Plastic Reservoir Exports

Exports from Peru

In 2022, overseas shipments of plastic reservoirs, tanks and vats were finally on the rise to reach X tons after two years of decline. In general, exports saw a measured expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 210%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, plastic reservoir exports rose remarkably to $X in 2022. Overall, exports posted modest growth. The most prominent rate of growth was recorded in 2014 with an increase of 191%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Chile (X tons) was the main destination for plastic reservoir exports from Peru, with a 86% share of total exports. Moreover, plastic reservoir exports to Chile exceeded the volume sent to the second major destination, the United States (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile amounted to +49.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-14.2% per year) and Bolivia (+64.9% per year).

In value terms, Chile ($X) emerged as the key foreign market for plastic reservoirs, tanks and vats exports from Peru, comprising 60% of total exports. The second position in the ranking was taken by the United States ($X), with a 27% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Chile amounted to +52.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+20.8% per year) and Bolivia (+103.6% per year).

Export Prices by Country

The average plastic reservoir export price stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 33% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Chile ($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 the United States (+40.8%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Reservoir Imports

Imports into Peru

In 2022, supplies from abroad of plastic reservoirs, tanks and vats decreased by -10.8% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 when imports increased by 85% against the previous year. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, plastic reservoir imports fell remarkably to $X in 2022. Overall, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 168%. As a result, imports reached the peak of $X, and then shrank markedly in the following year.

Imports by Country

China (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of plastic reservoir imports to Peru, with a combined 59% share of total imports. The United States, Finland, Poland and Canada lagged somewhat behind, together accounting for a further 10%.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of +93.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Italy ($X) were the largest plastic reservoir suppliers to Peru, together accounting for 45% of total imports. The United States, Finland, Poland and Canada lagged somewhat behind, together accounting for a further 15%.

Among the main suppliers, Finland, with a CAGR of +117.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic reservoir import price stood at $X per ton in 2022, falling by -23.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 110%. As a result, import price attained the peak level of $X per ton, and then dropped markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plastic reservoirs, tanks and vats in the world?

The country with the largest volume of plastic reservoir consumption was China, accounting for 20% of total volume. Moreover, plastic reservoir consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.1% share.

What are the largest producers of plastic reservoirs, tanks and vats in the world?

The country with the largest volume of plastic reservoir production was China, accounting for 20% of total volume. Moreover, plastic reservoir production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 8% share.

What are the leading suppliers of plastic reservoirs, tanks and vats to Peru?

In value terms, Spain constituted the largest supplier of plastic reservoir to Peru, comprising 58% of total imports. The second position in the ranking was occupied by Ecuador, with a 16% share of total imports. It was followed by Germany, with a 12% share.

What are the leading importers of plastic reservoirs, tanks and vats from Peru?

In value terms, Ecuador remains the key foreign market for plastic reservoir exports from Peru.

What is the average export price for plastic reservoirs, tanks and vats in Peru?

In 2021, the average plastic reservoir export price amounted to $8,578 per ton, jumping by 26% against the previous year.

What is the average import price for plastic reservoirs, tanks and vats in Peru?

In 2021, the average plastic reservoir import price amounted to $4,371 per ton, with an increase of 22% against the previous year.

This report provides an in-depth analysis of the plastic reservoir market in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22231300 - Plastic reservoirs, tanks, vats, intermediate bulk and similar containers, of a capacity > .300 litres

Country coverage:

Peru

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Peru
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023