Peru: Zinc Oxide Market 2025

Zinc Oxide Market Size in Peru

After two years of decline, the Peruvian zinc oxide market increased by X% to $X in 2022. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Zinc Oxide Production in Peru

In value terms, zinc oxide production reduced modestly to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Zinc oxide production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Zinc Oxide Exports

Exports from Peru

Zinc oxide exports from Peru fell to X tons in 2022, shrinking by X% on 2021 figures. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, zinc oxide exports fell remarkably to $X in 2022. Over the period under review, exports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons), Germany (X tons) and the UK (X tons) were the main destinations of zinc oxide exports from Peru, with a combined X% share of total exports. Brazil, Colombia, Taiwan (Chinese), the Netherlands, Canada, Denmark, Chile, Argentina, Thailand and Poland lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for zinc oxide exported from Peru were the United States ($X), Germany ($X) and Brazil ($X), with a combined X% share of total exports. The UK, Colombia, the Netherlands, Taiwan (Chinese), Canada, Chile, Denmark, Argentina, Poland and Thailand lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Canada, with a CAGR of X%, recorded 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

The average zinc oxide export price stood at $X per ton in 2022, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Poland ($X per ton), while the average price for exports to Denmark ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Oxide Imports

Imports into Peru

In 2022, approx. X tons of zinc oxide and zinc peroxide were imported into Peru; with a decrease of X% on 2021 figures. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, zinc oxide imports declined sharply to $X in 2022. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then reduced remarkably in the following year.

Imports by Country

Mexico (X tons), Thailand (X tons) and Argentina (X tons) were the main suppliers of zinc oxide imports to Peru, together comprising X% of total imports. The United States, Belgium, Taiwan (Chinese), the Netherlands and South Africa lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constituted the largest supplier of zinc oxide and zinc peroxide to Peru, comprising X% of total imports. The second position in the ranking was taken by Argentina ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Mexico totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Belgium (X% per year).

Import Prices by Country

The average zinc oxide import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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