Report Update Nov 1, 2024

Peru - Tall Oil - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Tall Oil Market 2024

Tall Oil Market Size in Peru

In 2021, the Peruvian tall oil market decreased by -6% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +54.7% against 2018 indices. Over the period under review, the market hit record highs at $X in 2020, and then dropped in the following year.

Tall Oil Production in Peru

In value terms, tall oil production reduced to $X in 2021 estimated in export price. Overall, production recorded a prominent increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 53% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then declined in the following year.

Tall Oil Exports

Exports from Peru

For the fifth consecutive year, Peru recorded growth in overseas shipments of tall oil, which increased by 533% to X tons in 2018. Over the period under review, exports continue to indicate modest growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tall oil exports skyrocketed to $X in 2018. Overall, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Colombia (X tons) was the main destination for tall oil exports from Peru, with a approx. 100% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to Colombia was relatively modest.

In value terms, Colombia ($X) emerged as the key foreign market for tall oil exports from Peru.

From 2012 to 2018, the average annual growth rate of value to Colombia was relatively modest.

Export Prices by Country

The average tall oil export price stood at $X per ton in 2018, shrinking by -21.2% against the previous year. In general, the export price, however, showed a resilient increase. The export price peaked at $X per ton in 2017, and then dropped significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2018, the rate of growth in terms of prices for Chile amounted to 0.0% per year.

Tall Oil Imports

Imports into Peru

Tall oil imports into Peru rose notably to X kg in 2021, with an increase of 9.1% on the previous year's figure. Overall, imports, however, faced a sharp descent. The pace of growth was the most pronounced in 2019 when imports increased by 57% against the previous year. Over the period under review, imports reached the maximum at X kg in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, tall oil imports dropped sharply to $X in 2021. In general, imports, however, recorded a dramatic decrease. The smallest decline of -12.5% was in 2020. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X kg) was the main supplier of tall oil to Peru, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled -21.9%.

In value terms, the United States ($X) constituted the largest supplier of tall oil to Peru.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at -37.6%.

Import Prices by Country

In 2021, the average tall oil import price amounted to $X per ton, which is down by -47.6% against the previous year. In general, the import price recorded a sharp downturn. The most prominent rate of growth was recorded in 2018 an increase of 16% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -19.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tall oil in the world?

The countries with the highest volumes of tall oil consumption in 2021 were China, the United States and India, together comprising 48% of global consumption. Japan, Germany, Russia, Nigeria, Brazil, the UK, Canada and Turkey lagged somewhat behind, together accounting for a further 27%.

What are the largest producers of tall oil in the world?

The countries with the highest volumes of tall oil production in 2021 were China, the United States and India, together accounting for 48% of global production. These countries were followed by Japan, Russia, Germany, Brazil, Nigeria, the UK, Canada and Turkey, which together accounted for a further 27%.

What are the leading suppliers of tall oil to Peru?

In value terms, the United States $8) constituted the largest supplier of tall oil to Peru.

What is the average export price for tall oil in Peru?

The average tall oil export price stood at $5,768 per ton in 2018, dropping by -2.6% against the previous year.

What is the average import price for tall oil in Peru?

The average tall oil import price stood at $2,000 per ton in 2021, shrinking by -25% against the previous year.

This report provides an in-depth analysis of the tall oil 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 20147130 - Tall oil, whether or not refined

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