Peru - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSilicone Price in Peru - 2021
Contents:
- Silicone Price in Peru (CIF) - 2021
- Silicone Price in Peru (FOB) - 2022
- Silicone Imports in Peru
- Silicone Exports in Peru
Silicone Price in Peru (CIF) - 2021
The average silicone import price stood at $4,887 per ton in April 2020, growing by 31% against the previous month. Over the period from January 2020 to April 2020, it increased at an average monthly rate of +2.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($6,482 per ton), while the price for the Netherlands ($2,681 per ton) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1,226.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Silicone Price in Peru (FOB) - 2022
The average silicone export price stood at $3,845 per ton in 2022, jumping by 39% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicone export price increased by +146.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 51% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($12,351 per ton), while the average price for exports to Paraguay ($1,805 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 Honduras (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.
Silicone Imports in Peru
Silicone imports into Peru totaled 3.2K tons in 2022, leveling off at 2021. The total import volume increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, silicone imports skyrocketed to $20M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Silicone in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.0 | 3.8 | 6.0 | 4.9 | 7.0% |
| China | 2.6 | 2.5 | 3.3 | 2.7 | 1.3% |
| Brazil | 1.2 | 0.8 | 1.7 | 1.4 | 5.3% |
| Germany | 2.1 | 1.1 | 1.7 | 1.4 | -12.6% |
| Netherlands | 0.3 | 0.3 | 0.9 | 0.7 | 32.6% |
| United Kingdom | 0.9 | 0.7 | 0.5 | 0.6 | -12.6% |
| Japan | 0.6 | 0.2 | 0.6 | 0.5 | -5.9% |
| Spain | 0.4 | 0.4 | 0.6 | 0.5 | 7.7% |
| Taiwan (Chinese) | 0.1 | 0.4 | 0.4 | 0.3 | 44.2% |
| India | 0.4 | 0.2 | 0.3 | 0.3 | -9.1% |
| Others | 1.0 | 0.5 | 0.7 | 6.9 | 90.4% |
| Total | 13.6 | 10.9 | 16.8 | 20.3 | 14.3% |
Top Suppliers of Silicone to Peru in 2022:
- United States (793.9 tons)
- China (614.7 tons)
- Brazil (390.5 tons)
- Netherlands (232.1 tons)
- Germany (202.4 tons)
- United Kingdom (133.3 tons)
- Spain (120.5 tons)
- Japan (80.1 tons)
- India (73.7 tons)
- Taiwan (Chinese) (57.5 tons)
Silicone Exports in Peru
In 2022, approx. 221 tons of silicones (in primary forms) were exported from Peru; with a decrease of -50.3% on the year before. In general, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when exports increased by 45% against the previous year. As a result, the exports attained the peak of 445 tons, and then declined notably in the following year.
In value terms, silicone exports contracted rapidly to $850K in 2022. Overall, exports, however, saw prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 71%. As a result, the exports attained the peak of $1.2M, and then dropped dramatically in the following year.
| Export of Silicone in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 252 | 247 | 384 | 292 | 5.0% |
| Chile | 88.2 | 191 | 378 | 287 | 48.2% |
| Ecuador | 302 | 127 | 183 | 143 | -22.1% |
| Honduras | 349 | 7.4 | 108 | 108 | -32.4% |
| Colombia | 76.7 | 48.8 | 58.5 | 44.5 | -16.6% |
| El Salvador | 92.0 | 27.9 | 28.9 | 34.5 | -27.9% |
| Uruguay | 19.4 | 21.2 | 30.0 | 22.8 | 5.5% |
| United States | 21.8 | 7.5 | 26.4 | 20.0 | -2.8% |
| Others | -625.7 | 41.5 | 34.2 | -102.2 | -45.3% |
| Total | 575 | 719 | 1,231 | 850 | 13.9% |
Top Export Markets for Silicone from Peru in 2022:
- Chile (133.9 tons)
- Bolivia (114.5 tons)
- Ecuador (56.6 tons)
- Honduras (14.0 tons)
- United States (10.4 tons)
- El Salvador (9.5 tons)
- Uruguay (7.0 tons)
- Colombia (5.4 tons)
This report provides an in-depth analysis of the silicone market in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20165700 - Silicones, in primary forms
Country coverage:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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