Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Peru - 2022

Contents:

1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Peru (CIF) - 2022
2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Peru (FOB) - 2022
3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Peru
4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Peru

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Peru (CIF) - 2022

The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $6,108 per ton in 2022, increasing by 33% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for felt; whether or not impregnated, coated, covered or laminateds increased by +35.4% against 2020 indices. The import price peaked at $6,722 per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 ($66,741 per ton), while the price for Hong Kong SAR ($1,217 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+43.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Peru (FOB) - 2022

In 2022, the average export price for felt; whether or not impregnated, coated, covered or laminateds amounted to $2,653 per ton, with a decrease of -3.7% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for felt; whether or not impregnated, coated, covered or laminateds increased by +63.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 48% against the previous year. As a result, the export price attained the peak level of $2,756 per ton, and then dropped in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($3,029 per ton), while the average price for exports to Ecuador ($2,311 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 Chile (+6.3%), while the prices for the other major destinations experienced a decline.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Peru

In 2022, imports of felt; whether or not impregnated, coated, covered or laminateds into Peru soared to 383 tons, increasing by 122% on the previous year's figure. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 150% against the previous year. As a result, imports attained the peak of 422 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds skyrocketed to $2.3M in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Peru in 2022:

1. China (162.4 tons)
2. Mexico (85.2 tons)
3. United States (39.2 tons)
4. Taiwan (Chinese) (33.2 tons)
5. Hong Kong SAR (22.6 tons)
6. South Korea (16.7 tons)
7. Germany (7.6 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Peru

In 2022, exports of felt; whether or not impregnated, coated, covered or laminateds from Peru reduced notably to 53 tons, which is down by -68.6% on 2021 figures. In general, exports showed a dramatic decline. The smallest decline of -21.4% was in 2020.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds dropped significantly to $142K in 2022. Overall, exports showed a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 9.5%.

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Peru in 2022:

1. Ecuador (25.7 tons)
2. Chile (22.6 tons)
3. Colombia (4.9 tons)

Source: IndexBox Market Intelligence Platform