Price for Mineral Substances Not Elsewhere Specified or Included in Peru - 2022
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Peru (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Peru (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Peru
- Exports of Mineral Substances Not Elsewhere Specified or Included in Peru
Price for Mineral Substances Not Elsewhere Specified or Included in Peru (CIF) - 2022
The average import price for mineral substances not elsewhere specified or includeds stood at $1,022 per ton in 2022, increasing by 19% against the previous year. Over the period under review, the import price, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 152%. Over the period under review, average import prices hit record highs at $1,418 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($3,228 per ton), while the price for Ecuador ($109 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Peru (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $252 per ton in 2022, approximately equating the previous year. In general, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 58%. Over the period under review, the average export prices hit record highs at $1,578 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Bolivia ($642 per ton), while the average price for exports to Ecuador ($206 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 (+1.9%), while the prices for the other major destinations experienced a decline.
Imports of Mineral Substances Not Elsewhere Specified or Included in Peru
In 2022, after two years of decline, there was significant growth in purchases abroad of mineral substances not elsewhere specified or includeds, when their volume increased by 13% to 7.4K tons. Overall, imports, however, continue to indicate a precipitous descent.
In value terms, imports of mineral substances not elsewhere specified or includeds surged to $7.6M in 2022. Over the period under review, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Mineral Substances Not Elsewhere Specified or Included in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3,576 | 1,360 | 2,844 | 4,382 | 7.0% |
| China | 19.0 | 70.5 | 538 | 686 | 230.5% |
| Germany | 70.4 | 36.4 | 12.9 | 526 | 95.5% |
| Mexico | 8.4 | 19.5 | 55.5 | 428 | 270.7% |
| Norway | 87.6 | 94.0 | 369 | 373 | 62.1% |
| Ecuador | 9.3 | 2.3 | 6.5 | 120 | 134.5% |
| United States | 321 | 297 | 275 | 99.5 | -32.3% |
| Italy | 538 | 449 | 339 | 87.3 | -45.5% |
| Chile | 928 | 433 | 322 | 53.3 | -61.4% |
| Slovakia | N/A | 101 | 289 | 51.5 | -28.6% |
| Argentina | N/A | N/A | 24.7 | 48.6 | 96.8% |
| Turkey | 96.4 | 17.0 | 31.1 | 37.7 | -26.9% |
| Cuba | 154 | 54.7 | N/A | N/A | -64.5% |
| Others | 327 | 258 | 510 | 665 | 26.7% |
| Total | 6,135 | 3,191 | 5,617 | 7,559 | 7.2% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Peru in 2022:
- Germany (1656.0 tons)
- Spain (1357.6 tons)
- Norway (1161.0 tons)
- Ecuador (1103.0 tons)
- China (850.1 tons)
- Mexico (419.9 tons)
- Slovakia (165.6 tons)
- Argentina (139.0 tons)
- Turkey (102.0 tons)
- Chile (93.5 tons)
- United States (85.7 tons)
- Italy (25.0 tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Peru
In 2022, the amount of mineral substances not elsewhere specified or includeds exported from Peru soared to 2.4K tons, growing by 115% on 2021 figures. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 259% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of mineral substances not elsewhere specified or includeds skyrocketed to $604K in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 130% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Mineral Substances Not Elsewhere Specified or Included in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 13.7 | 94.6 | 219 | 462 | 223.1% |
| Free Zones | 1.4 | 2.6 | N/A | 27.6 | 170.1% |
| Bolivia | 9.0 | 9.1 | 12.4 | 10.9 | 6.6% |
| Others | 73.7 | 17.8 | 53.4 | 103 | 11.8% |
| Total | 97.7 | 124 | 285 | 604 | 83.5% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Peru in 2022:
- Ecuador (2245.5 tons)
- Free Zones (76.7 tons)
- Bolivia (16.9 tons)
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