Peru: Acetone Market 2024

Acetone Market Size in Peru

The Peruvian acetone market soared to $X in 2022, picking up by X% against the previous year. In general, consumption, however, recorded a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Acetone Production in Peru

In value terms, acetone production totaled $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. Acetone production peaked in 2022 and is expected to retain growth in years to come.

Acetone Exports

Exports from Peru

In 2022, shipments abroad of acetone decreased by X% to X tons, falling for the ninth consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, acetone exports reduced markedly to $X in 2022. In general, exports showed a noticeable decrease. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then declined significantly in the following year.

Exports by Country

Ecuador (X tons) was the main destination for acetone exports from Peru, with a X% share of total exports. Moreover, acetone exports to Ecuador exceeded the volume sent to the second major destination, Bolivia (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Ecuador was relatively modest.

In value terms, Ecuador ($X) emerged as the key foreign market for acetone exports from Peru, comprising X% of total exports. The second position in the ranking was held by Bolivia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ecuador was relatively modest.

Export Prices by Country

In 2022, the average acetone export price amounted to $X per ton, increasing by X% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price 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, acetone export price increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Bolivia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (X%).

Acetone Imports

Imports into Peru

After three years of decline, supplies from abroad of acetone increased by X% to X tons in 2022. Overall, imports, however, continue to indicate a abrupt curtailment. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, acetone imports surged to $X in 2022. In general, imports, however, recorded a abrupt contraction. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X tons), Russia (X tons) and the Netherlands (X tons) were the main suppliers of acetone imports to Peru, together accounting for X% of total imports. Belgium, China, the United Arab Emirates and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Russia ($X) and the Netherlands ($X) constituted the largest acetone suppliers to Peru, with a combined X% share of total imports. Belgium, China, France and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average acetone import price amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price 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, acetone import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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