Peru: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Peru

In 2022, the Peruvian market for self-adhesive plastic tape in rolls of a width under 20cm decreased by -11.1% to $X for the first time since 2019, thus ending a two-year rising trend. In general, the total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.3% 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 +45.2% against 2016 indices. As a result, consumption attained the peak level of $X, and then declined in the following year.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Peru

In 2022, shipments abroad of self-adhesive plastic tape in rolls of a width under 20cm decreased by -0.9% to X tons, falling for the seventh consecutive year after four years of growth. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 67% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm expanded modestly to $X in 2022. Over the period under review, exports continue to indicate a mild decline. The growth pace was the most rapid in 2015 with an increase of 41%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The United States (X tons), Ecuador (X tons) and Chile (X tons) were the main destinations of exports of self-adhesive plastic tape in rolls of a width under 20cm from Peru, with a combined 61% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +61.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X), Colombia ($X) and the United States ($X) constituted the largest markets for self-adhesive plastic tape in rolls of a width under 20cm exported from Peru worldwide, together accounting for 54% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +45.4%, saw 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 self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, rising by 5.3% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to the United States ($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 Panama (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Peru

In 2022, the amount of self-adhesive plastic tape in rolls of a width under 20cm imported into Peru rose modestly to X tons, picking up by 2.9% on the year before. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 14% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm fell markedly to $X in 2022. In general, imports recorded a modest expansion. The growth pace was the most rapid in 2021 with an increase of 51%. As a result, imports attained the peak of $X, and then fell significantly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest self-adhesive plastic tape in rolls of a width under 20cm supplier to Peru, accounting for a 73% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under 20cm from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), fivefold. Brazil (X tons) ranked third in terms of total imports with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-2.9% per year) and Brazil (+13.3% per year).

In value terms, China ($X) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Peru, comprising 40% of total imports. The second position in the ranking was taken by the United States ($X), with a 19% share of total imports. It was followed by Brazil, with a 19% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.0% per year) and Brazil (+9.0% per year).

Import Prices by Country

The average import price for self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, dropping by -19.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 60%. As a result, import price reached the peak level of $X per ton, and then dropped notably in the following year.

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 United States ($X per ton), while the price for China ($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 (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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