Peru: Market for PVC Floor, Wall and Ceiling Coverings 2025

Market Size for PVC Floor, Wall and Ceiling Coverings in Peru

The Peruvian market for PVC floor, wall and ceiling coverings shrank modestly to $X in 2022, waning by -4.2% against the previous year. Overall, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.6% against 2020 indices. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of PVC Floor, Wall and Ceiling Coverings in Peru

In value terms, production of PVC floor, wall and ceiling coverings declined to $X in 2022 estimated in export price. In general, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.9% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 23% against the previous year. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports from Peru

In 2022, the amount of PVC floor, wall and ceiling coverings exported from Peru contracted sharply to X square meters, shrinking by -22.8% against the previous year's figure. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 80% against the previous year. Over the period under review, the exports of reached the maximum at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of PVC floor, wall and ceiling coverings dropped notably to $X in 2022. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 93%. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Bolivia (X square meters), Colombia (X square meters) and Chile (X square meters) were the main destinations of exports of PVC floor, wall and ceiling coverings from Peru, together accounting for 92% of total exports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +2.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Bolivia ($X) remains the key foreign market for PVC floor, wall and ceiling coverings exports from Peru, comprising 54% of total exports. The second position in the ranking was held by Colombia ($X), with a 25% share of total exports. It was followed by Chile, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Bolivia totaled -5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+0.4% per year) and Chile (-4.9% per year).

Export Prices by Country

The average export price for PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, with a decrease of -1.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 6.9%. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Bolivia ($X per square meter) and Chile ($X per square meter), while the average price for exports to Colombia ($X per square meter) and Ecuador ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of PVC Floor, Wall and Ceiling Coverings

Imports into Peru

In 2022, imports of PVC floor, wall and ceiling coverings into Peru declined to X square meters, dropping by -10.4% compared with 2021. Over the period under review, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 37%. Over the period under review, imports of hit record highs at X square meters in 2021, and then dropped in the following year.

In value terms, imports of PVC floor, wall and ceiling coverings dropped to $X in 2022. Overall, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +11.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 29% against the previous year. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, China (X square meters) constituted the largest PVC floor, wall and ceiling coverings supplier to Peru, accounting for a 66% share of total imports. Moreover, imports of PVC floor, wall and ceiling coverings from China exceeded the figures recorded by the second-largest supplier, South Korea (X square meters), fourfold. Sweden (X square meters) ranked third in terms of total imports with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+1.4% per year) and Sweden (+10.6% per year).

In value terms, China ($X) constituted the largest supplier of PVC floor, wall and ceiling coverings to Peru, comprising 56% of total imports. The second position in the ranking was taken by South Korea ($X), with a 15% share of total imports. It was followed by Germany, with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+0.2% per year) and Germany (+17.7% per year).

Import Prices by Country

In 2022, the average import price for PVC floor, wall and ceiling coverings amounted to $X per square meter, leveling off at the previous year. In general, the import price, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2014 an increase of 10%. As a result, import price reached the peak level of $X per square meter. From 2015 to 2022, the average import prices remained at a lower figure.

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 the Netherlands ($X per square meter), while the price for South Korea ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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