Report Update Nov 1, 2024

Peru - Slag Wool, Rock Wool and Similar Mineral Wools and Mixtures - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Peru: Mineral Wool Market 2024

Mineral Wool Market Size in Peru

The Peruvian mineral wool market skyrocketed to $X in 2021, with an increase of 141% 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 posted a resilient expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mineral Wool Exports

Exports from Peru

In 2021, overseas shipments of slag wool, rock wool and similar mineral wools and mixtures increased by 152% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, showed a deep setback. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, mineral wool exports soared to $X in 2021. Over the period under review, exports, however, recorded a abrupt curtailment. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X tons), the Dominican Republic (X tons) and Ecuador (X kg) were the main destinations of mineral wool exports from Peru, with a combined 99% share 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 +10.8%), while the other leaders experienced a decline.

In value terms, the Dominican Republic ($X) remains the key foreign market for slag wool, rock wool and similar mineral wools and mixtures exports from Peru, comprising 83% of total exports. The second position in the ranking was held by Bolivia ($X), with a 13% share of total exports. It was followed by Ecuador, with a 2.5% share.

From 2012 to 2021, the average annual growth rate of value to the Dominican Republic amounted to -8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-5.8% per year) and Ecuador (-7.8% per year).

Export Prices by Country

In 2021, the average mineral wool export price amounted to $X per ton, with an increase of 38% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable descent. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Bolivia ($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 Venezuela (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.

Mineral Wool Imports

Imports into Peru

After two years of decline, supplies from abroad of slag wool, rock wool and similar mineral wools and mixtures increased by 115% to X tons in 2021. Over the period under review, total imports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mineral wool imports skyrocketed to $X in 2021. Overall, imports recorded buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Spain (X tons) and Croatia (X tons) were the main suppliers of mineral wool imports to Peru, with a combined 36% share of total imports. The Netherlands, Slovenia, Colombia, Portugal, Germany, Denmark, the United States, South Korea, Poland and Brazil lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +81.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mineral wool suppliers to Peru were China ($X), Spain ($X) and the Netherlands ($X), with a combined 33% share of total imports. Slovenia, Croatia, South Korea, Germany, Denmark, the United States, Brazil, Portugal, Colombia and Poland lagged somewhat behind, together accounting for a further 24%.

Slovenia, with a CAGR of +59.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average mineral wool import price stood at $X per ton in 2021, increasing by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2019 when the average import price increased by 23% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for slag wool, rock wool and similar mineral wools and mixtures in the world?

The countries with the highest volumes of mineral wool consumption in 2020 were China, the United States and India, with a combined 55% share of global consumption.

What are the largest producers of slag wool, rock wool and similar mineral wools and mixtures in the world?

The countries with the highest volumes of mineral wool production in 2020 were China, the United States and India, with a combined 55% share of global production. These countries were followed by Japan, Russia, Mexico, South Korea, Germany, Spain and Thailand, which together accounted for a further 24%.

What are the leading suppliers of slag wool, rock wool and similar mineral wools and mixtures to Peru?

In value terms, the largest mineral wool suppliers to Peru were China, the Netherlands and Spain, with a combined 62% share of total imports.

What are the leading importers of slag wool, rock wool and similar mineral wools and mixtures from Peru?

In value terms, the largest markets for mineral wool exported from Peru were Ecuador, Bolivia and Chile $256), with a combined 51% share of total exports.

What is the average export price for slag wool, rock wool and similar mineral wools and mixtures in Peru?

In 2020, the average mineral wool export price amounted to $3,532 per ton, increasing by 53% against the previous year.

What is the average import price for slag wool, rock wool and similar mineral wools and mixtures in Peru?

The average mineral wool import price stood at $1,739 per ton in 2020, rising by 13% against the previous year.

This report provides an in-depth analysis of the mineral wool market in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls

Country coverage:

Peru

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Peru
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023