Peru: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in Peru

The Peruvian market for rigid tubes, pipes and hoses, of other polymers shrank dramatically to $X in 2022, which is down by -18.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a abrupt decline. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports from Peru

In 2022, exports of rigid tubes, pipes and hoses, of other polymers from Peru skyrocketed to X tons, jumping by 28% against 2021 figures. In general, exports showed resilient growth. The growth pace was the most rapid in 2016 with an increase of 528% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers skyrocketed to $X in 2022. Overall, exports posted a strong increase. The growth pace was the most rapid in 2016 when exports increased by 422%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Guatemala (X tons), Ecuador (X tons) and El Salvador (X tons) were the main destinations of exports of rigid tubes, pipes and hoses, of other polymers from Peru, together accounting for 57% of total exports. Colombia, Chile, the Dominican Republic and Mexico lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +151.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Guatemala ($X), El Salvador ($X) and Ecuador ($X) appeared to be the largest markets for rigid tubes, pipes and hoses, of other polymers exported from Peru worldwide, with a combined 58% share of total exports. Colombia, Chile, the Dominican Republic and Mexico lagged somewhat behind, together accounting for a further 42%.

Chile, with a CAGR of +163.9%, recorded the highest rates of growth with regard to the value of exports, among 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 export price for rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, increasing by 8.2% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for rigid tubes, pipes and hoses, of other polymers decreased by -29.4% against 2015 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were El Salvador ($X per ton) and the Dominican Republic ($X per ton), while the average price for exports to Chile ($X per ton) and Mexico ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports into Peru

In 2022, the amount of rigid tubes, pipes and hoses, of other polymers imported into Peru reduced remarkably to X tons, dropping by -19.6% against the previous year. Over the period under review, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2015 with an increase of 341%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers shrank to $X in 2022. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of 308%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Colombia (X tons) constituted the largest supplier of rigid tubes, pipes and hoses, of other polymers to Peru, accounting for a 45% share of total imports. Moreover, imports of rigid tubes, pipes and hoses, of other polymers from Colombia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Colombia amounted to -20.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+55.6% per year) and the United States (+1.3% per year).

In value terms, Colombia ($X), Poland ($X) and the United States ($X) were the largest rigid tubes, pipes and hoses, of other polymers suppliers to Peru, together accounting for 49% of total imports.

Among the main suppliers, Poland, with a CAGR of +123.4%, saw the highest rates of growth with regard to 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 import price for rigid tubes, pipes and hoses, of other polymers stood at $X per ton in 2022, surging by 6% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rigid tubes, pipes and hoses, of other polymers increased by +100.7% against 2015 indices. The growth pace was the most rapid in 2018 when the average import price increased by 17% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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