Report Update Nov 1, 2024

Peru - Titanium Dioxide - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Titanium Dioxide Market 2024

Titanium Dioxide Market Size in Peru

After two years of growth, the Peruvian titanium dioxide market decreased by -26% to $X in 2021. Overall, consumption, however, recorded strong growth. Over the period under review, the market attained the maximum level at $X in 2020, and then shrank notably in the following year.

Titanium Dioxide Exports

Exports from Peru

In 2021, approx. X tons of titanium dioxide were exported from Peru; dropping by -46.3% on 2020. Overall, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,249% against the previous year. As a result, the exports attained the peak of X tons, and then shrank sharply in the following year.

In value terms, titanium dioxide exports contracted remarkably to $X in 2021. In general, exports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2020 when exports increased by 691%. As a result, the exports attained the peak of $X, and then contracted rapidly in the following year.

Exports by Country

Bolivia (X tons), Chile (X tons) and Ecuador (X tons) were the main destinations of titanium dioxide exports from Peru, with a combined 99.9% 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 +34.4%), while the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X), Chile ($X) and Ecuador ($X) appeared to be the largest markets for titanium dioxide exported from Peru worldwide, together accounting for 99.9% of total exports.

Among the main countries of destination, Bolivia, with a CAGR of +39.1%, saw the highest rates of growth with regard to 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

In 2021, the average titanium dioxide export price amounted to $X per ton, rising by 4.9% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 88% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average 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 Ecuador ($X per ton), while the average price for exports to Chile ($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 Chile (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.

Titanium Dioxide Imports

Imports into Peru

In 2021, after two years of growth, there was significant decline in purchases abroad of titanium dioxide, when their volume decreased by -26.6% to X tons. Overall, imports, however, recorded a significant increase. The growth pace was the most rapid in 2015 with an increase of 711%. Over the period under review, imports attained the maximum at X tons in 2020, and then contracted markedly in the following year.

In value terms, titanium dioxide imports reduced rapidly to $X in 2021. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2015 when imports increased by 642% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020, and then declined significantly in the following year.

Imports by Country

China (X tons), the United States (X tons) and Mexico (X tons) were the main suppliers of titanium dioxide imports to Peru, together comprising 83% of total imports. Canada, Germany, Singapore and Russia lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of +184.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest titanium dioxide suppliers to Peru were China ($X), the United States ($X) and Mexico ($X), together accounting for 79% of total imports. Canada, Germany, Singapore and Russia lagged somewhat behind, together accounting for a further 19%.

In terms of the main suppliers, Canada, with a CAGR of +160.2%, 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 more modest paces of growth.

Import Prices by Country

In 2021, the average titanium dioxide import price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 15% 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.

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 Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-3.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for titanium dioxide in the world?

The countries with the highest volumes of titanium dioxide consumption in 2020 were China, Germany and India, together accounting for 53% of global consumption. These countries were followed by the United States, Japan, Indonesia, Mexico, France, the UK, Italy, Ethiopia and South Korea, which together accounted for a further 26%.

What are the largest producers of titanium dioxide in the world?

The countries with the highest volumes of titanium dioxide production in 2020 were China, Germany and India, together accounting for 61% of global production. The United States, Japan, Indonesia, France, Mexico, South Korea, the UK and Ethiopia lagged somewhat behind, together comprising a further 24%.

What are the leading suppliers of titanium dioxide to Peru?

In value terms, the United States constituted the largest supplier of titanium dioxide to Peru, comprising 54% of total imports. The second position in the ranking was occupied by China, with a 25% share of total imports. It was followed by Canada, with a 7.4% share.

What is the average export price for titanium dioxide in Peru?

The average titanium dioxide export price stood at $2,636 per ton in 2020, dropping by -15.1% against the previous year.

What is the average import price for titanium dioxide in Peru?

The average titanium dioxide import price stood at $2,826 per ton in 2020, picking up by 1.6% against the previous year.

This report provides an in-depth analysis of the titanium dioxide 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 20121150 - Titanium oxides

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
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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