Peru: Market for Rosin And Resin Acids And Derivatives 2024

Market Size for Rosin And Resin Acids And Derivatives in Peru

The Peruvian rosin and resin acids market shrank markedly to $X in 2022, waning by X% 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). Over the period under review, consumption recorded a noticeable shrinkage. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Exports of Rosin And Resin Acids And Derivatives

Exports from Peru

In 2022, approx. X tons of rosin and resin acids and derivatives were exported from Peru; picking up by X% against the previous year's figure. Overall, exports, however, showed a deep reduction. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, rosin and resin acids exports declined to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Ecuador (X tons) was the main destination for rosin and resin acids exports from Peru, accounting for a X% share of total exports. Moreover, rosin and resin acids exports to Ecuador exceeded the volume sent to the second major destination, Bolivia (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Ecuador amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (X% per year) and Colombia (X% per year).

In value terms, Ecuador ($X) remains the key foreign market for rosin and resin acids and derivatives exports from Peru, comprising X% of total exports. The second position in the ranking was held by Bolivia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ecuador totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the average rosin and resin acids export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then reduced sharply in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Ecuador ($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 Bolivia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rosin And Resin Acids And Derivatives

Imports into Peru

After four years of growth, supplies from abroad of rosin and resin acids and derivatives decreased by X% to X tons in 2022. Over the period under review, imports saw a pronounced decline. The growth pace was the most rapid in 2020 when imports increased by X%. Imports peaked at X tons in 2021, and then shrank significantly in the following year.

In value terms, rosin and resin acids imports shrank remarkably to $X in 2022. In general, imports saw a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) constituted the largest rosin and resin acids supplier to Peru, accounting for a X% share of total imports. Moreover, rosin and resin acids imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold. The third position in this ranking was taken by Thailand (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Thailand (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of rosin and resin acids and derivatives to Peru, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by China, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and China (X% per year).

Import Prices by Country

The average rosin and resin acids import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Mexico ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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