Peru: Market for Sanitary Ware And Parts Of Iron Or Steel 2025

Market Size for Sanitary Ware And Parts Of Iron Or Steel in Peru

The Peruvian market for sanitary ware and parts of iron or steel reduced to $X in 2021, which is down by -8.4% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Production of Sanitary Ware And Parts Of Iron Or Steel in Peru

In value terms, iron or steel sanitary ware production declined to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 38%. Iron or steel sanitary ware production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from Peru

In 2021, shipments abroad of sanitary ware and parts of iron or steel decreased by -81.2% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, showed a strong increase. The growth pace was the most rapid in 2015 when exports increased by 816%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, iron or steel sanitary ware exports reduced sharply to $X in 2021. Overall, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2015 with an increase of 782% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X kg), Ecuador (X kg) and Argentina (X kg) were the main destinations of iron or steel sanitary ware exports from Peru, together comprising 86% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bolivia (with a CAGR of +13.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron or steel sanitary ware exported from Peru were Ecuador ($X), Argentina ($X) and Bolivia ($X), together comprising 96% of total exports.

In terms of the main countries of destination, Bolivia, with a CAGR of +23.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for sanitary ware and parts of iron or steel stood at $X per ton in 2021, rising by 133% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Argentina ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+97.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports into Peru

In 2021, imports of sanitary ware and parts of iron or steel into Peru surged to X tons, picking up by 21% compared with the year before. In general, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +9.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +123.3% against 2012 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 28% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, iron or steel sanitary ware imports soared to $X in 2021. Overall, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main supplier of iron or steel sanitary ware to Peru, accounting for a 92% share of total imports. Moreover, iron or steel sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Myanmar (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (0.0% per year) and Italy (+40.6% per year).

In value terms, China ($X) constituted the largest supplier of sanitary ware and parts of iron or steel to Peru, comprising 89% of total imports. The second position in the ranking was held by Italy ($X), with a 2.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+40.0% per year) and Myanmar (0.0% per year).

Import Prices by Country

The average import price for sanitary ware and parts of iron or steel stood at $X per ton in 2021, surging by 24% against the previous year. Overall, the import price, however, showed a mild slump. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :