Peru: Room Deodorants Market 2024

Room Deodorants Market Size in Peru

In 2022, after four years of growth, there was decline in the Peruvian room deodorants market, when its value decreased by -2.9% to $X. Overall, consumption saw a relatively flat trend pattern. Room deodorants consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Room Deodorants Production in Peru

In value terms, room deodorants production amounted to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 9.6% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Room Deodorants Exports

Exports from Peru

In 2022, overseas shipments of preparations for perfuming or deodorising rooms decreased by -41.7% to X tons, falling for the fourth year in a row after seven years of growth. In general, exports, however, posted tangible growth. The most prominent rate of growth was recorded in 2017 when exports increased by 40% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, room deodorants exports dropped rapidly to $X in 2022. Overall, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when exports increased by 31% against the previous year. The exports peaked at $X in 2021, and then fell notably in the following year.

Exports by Country

The United States (X tons), Chile (X tons) and Uruguay (X tons) were the main destinations of room deodorants exports from Peru, together comprising 56% of total exports. Guatemala, Bolivia, Panama and Spain lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +57.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for room deodorants exported from Peru were the United States ($X), Bolivia ($X) and Chile ($X), together comprising 50% of total exports. Uruguay, Spain, Guatemala and Panama lagged somewhat behind, together comprising a further 24%.

Spain, with a CAGR of +42.4%, saw the highest rates of growth with regard to 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 2022, the average room deodorants export price amounted to $X per ton, picking up by 17% against the previous year. In general, the export price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2021 an increase of 44% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Guatemala ($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 (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Room Deodorants Imports

Imports into Peru

In 2022, supplies from abroad of preparations for perfuming or deodorising rooms decreased by -57.9% to X tons for the first time since 2014, thus ending a seven-year rising trend. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, imports reached the peak of X tons, and then contracted sharply in the following year.

In value terms, room deodorants imports contracted notably to $X in 2022. In general, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of $X, and then fell rapidly in the following year.

Imports by Country

In 2022, India (X tons) constituted the largest room deodorants supplier to Peru, with a 45% share of total imports. Moreover, room deodorants imports from India exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was held by Argentina (X tons), with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.2% per year) and Argentina (-13.5% per year).

In value terms, India ($X), the United States ($X) and Spain ($X) were the largest room deodorants suppliers to Peru, together comprising 60% of total imports.

Spain, with a CAGR of +48.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average room deodorants import price amounted to $X per ton, surging by 29% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+37.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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