Peru: Sheet Piling Market 2025

Sheet Piling Market Size in Peru

The Peruvian sheet piling market skyrocketed to $X in 2021, increasing by 274% 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, however, continues to indicate a perceptible descent. Sheet piling consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Sheet Piling Exports

Exports from Peru

In 2021, approx. X kg of sheet piling, shapes and sections (of iron or steel) were exported from Peru; which is down by -39.4% on the previous year's figure. In general, exports recorded a precipitous slump. The pace of growth was the most pronounced in 2015 when exports increased by 608% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, sheet piling exports dropped to $X in 2021. Over the period under review, exports showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of 702% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Chile (X kg) was the main destination for sheet piling exports from Peru, accounting for a 87% share of total exports. Moreover, sheet piling exports to Chile exceeded the volume sent to the second major destination, Bolivia (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Chile amounted to -20.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-32.6% per year) and Ecuador (-11.3% per year).

In value terms, Chile ($X) remains the key foreign market for sheet piling, shapes and sections (of iron or steel) exports from Peru, comprising 82% of total exports. The second position in the ranking was taken by Bolivia ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Chile amounted to -16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-28.6% per year) and Ecuador (-3.7% per year).

Export Prices by Country

The average sheet piling export price stood at $X per ton in 2021, surging by 42% against the previous year. Overall, the export price recorded a slight expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Chile ($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 Ecuador (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Sheet Piling Imports

Imports into Peru

In 2021, imports of sheet piling, shapes and sections (of iron or steel) into Peru skyrocketed to X tons, increasing by 326% against the previous year. Over the period under review, imports, however, recorded a mild setback. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, sheet piling imports skyrocketed to $X in 2021. In general, imports, however, showed a noticeable downturn. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Luxembourg (X tons) constituted the largest sheet piling supplier to Peru, accounting for a 38% share of total imports. Moreover, sheet piling imports from Luxembourg exceeded the figures recorded by the second-largest supplier, South Korea (X tons), fourfold. The third position in this ranking was held by Panama (X tons), with a 1.1% share.

From 2012 to 2021, the average annual growth rate of volume from Luxembourg totaled -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+23.4% per year) and Panama (0.0% per year).

In value terms, the largest sheet piling suppliers to Peru were Luxembourg ($X), South Korea ($X) and Panama ($X), together accounting for 56% of total imports.

Among the main suppliers, South Korea, with a CAGR of +16.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average sheet piling import price stood at $X per ton in 2021, declining by -21.7% against the previous year. Over the period under review, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 35% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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