Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Peru - 2022

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Peru (CIF) - 2022
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Peru (FOB) - 2022
  3. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Peru
  4. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Peru

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Peru (CIF) - 2022

The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,892 per ton in 2022, with an increase of 13% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 16% against the previous year. The import price peaked at $4,047 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($8,393 per ton), while the price for China ($2,919 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) (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Peru (FOB) - 2022

In 2022, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,406 per ton, jumping by 43% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($5,640 per ton), while the average price for exports to Chile ($1,186 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 Ecuador (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Peru

In 2022, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) into Peru expanded slightly to 8.3K tons, growing by 3.7% against the year before. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 4.5%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) soared to $32M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.54.35.35.617.0%
Spain1.32.42.84.854.6%
Brazil4.03.34.74.64.8%
China3.62.93.84.14.4%
Mexico5.53.93.73.8-11.6%
Chile1.91.41.53.219.0%
United Kingdom1.00.91.21.00.0%
Italy0.60.50.50.60.0%
Others4.13.34.24.53.2%
Total25.723.027.732.48.0%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Peru in 2022:

  1. China (1415.2 tons)
  2. Spain (1278.1 tons)
  3. Brazil (1149.2 tons)
  4. United States (1142.7 tons)
  5. Chile (1043.9 tons)
  6. Mexico (934.7 tons)
  7. United Kingdom (247.6 tons)
  8. Italy (164.8 tons)

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Peru

In 2022, approx. 695 tons of adhesives; prepared, based on rubber or plastics (including artificial resins) were exported from Peru; with an increase of 6.2% on the previous year's figure. The total export volume increased at an average annual rate of +10.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 25%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) skyrocketed to $1.7M in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia6626857968227.5%
Ecuador12455.617945554.2%
Chile15.416141.5172123.5%
ArgentinaN/AN/AN/A1150%
Colombia30.813.846.543.712.4%
Others53.313.835.565.87.3%
Total8869291,0981,67323.6%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Peru in 2022:

  1. Bolivia (426.4 tons)
  2. Chile (145.2 tons)
  3. Ecuador (80.6 tons)
  4. Argentina (20.4 tons)
  5. Colombia (11.5 tons)

Source: IndexBox Market Intelligence Platform

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