Peru: Market for Non-Soap Washing and Cleaning Preparations 2024

Market Size for Non-Soap Washing and Cleaning Preparations in Peru

In 2022, after four years of growth, there was decline in the Peruvian market for non-soap washing and cleaning preparations, when its value decreased by -0.2% to $X. The market value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Non-soap washing and cleaning preparations consumption peaked at $X in 2021, and then contracted slightly in the following year.

Production of Non-Soap Washing and Cleaning Preparations in Peru

In value terms, non-soap washing and cleaning preparations production contracted slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 8.2%. Non-soap washing and cleaning preparations production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Non-Soap Washing and Cleaning Preparations

Exports from Peru

In 2022, after three years of growth, there was decline in shipments abroad of non-soap washing and cleaning preparations, when their volume decreased by -1.1% to X tons. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 33% against the previous year. The exports peaked at X tons in 2021, and then shrank slightly in the following year.

In value terms, non-soap washing and cleaning preparations exports reached $X in 2022. In general, exports saw a noticeable slump. The growth pace was the most rapid in 2019 when exports increased by 32%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X tons), Ecuador (X tons) and Chile (X tons) were the main destinations of non-soap washing and cleaning preparations exports from Peru, together comprising 87% of total exports. These countries were followed by Panama, which accounted for a further 1.6%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Panama (with a CAGR of +9.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-soap washing and cleaning preparations exported from Peru were Bolivia ($X), Ecuador ($X) and Chile ($X), together comprising 89% of total exports.

Bolivia, with a CAGR of +3.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for non-soap washing and cleaning preparations stood at $X per ton in 2022, with an increase of 1.5% against the previous year. Over the period under review, the export price, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2015 an increase of 6.6% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Panama ($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 Bolivia (-2.9%), while the prices for the other major destinations experienced a decline.

Imports of Non-Soap Washing and Cleaning Preparations

Imports into Peru

Non-soap washing and cleaning preparations imports into Peru reached X tons in 2022, remaining constant against the year before. In general, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 70%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, non-soap washing and cleaning preparations imports dropped to $X in 2022. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 40%. Imports peaked at $X in 2021, and then shrank modestly in the following year.

Imports by Country

In 2022, Colombia (X tons) constituted the largest non-soap washing and cleaning preparations supplier to Peru, with a 51% share of total imports. Moreover, non-soap washing and cleaning preparations imports from Colombia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Mexico (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Colombia stood at +24.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+33.3% per year) and Mexico (+9.3% per year).

In value terms, Colombia ($X) constituted the largest supplier of non-soap washing and cleaning preparations to Peru, comprising 44% of total imports. The second position in the ranking was held by Mexico ($X), with a 15% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Colombia amounted to +18.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+4.1% per year) and China (+24.4% per year).

Import Prices by Country

The average import price for non-soap washing and cleaning preparations stood at $X per ton in 2022, declining by -4.9% against the previous year. Overall, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 11% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Argentina ($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 (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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