Peru: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2022

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in Peru

After three years of decline, the Peruvian market for aluminium alloy plates, sheets and strip of thickness over X mm increased by X% to $X in 2021. Overall, the total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Peru

In 2021, after two years of growth, there was significant decline in overseas shipments of aluminium alloy plates, sheets and strip of thickness over X mm, when their volume decreased by -X% to X tons. Overall, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm soared to $X in 2021. Over the period under review, exports, however, showed measured growth. The growth pace was the most rapid in 2019 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Ecuador (X tons) was the main destination for exports of aluminium alloy plates, sheets and strip of thickness over X mm from Peru, with a X% share of total exports. Moreover, exports of aluminium alloy plates, sheets and strip of thickness over X mm to Ecuador exceeded the volume sent to the second major destination, Panama (X kg), tenfold. Bolivia (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ecuador totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+X% per year) and Bolivia (-X% per year).

In value terms, Ecuador ($X), Venezuela ($X) and Panama ($X) were the largest markets for aluminium alloy plate, sheet and strip of thickness over X mm exported from Peru worldwide, with a combined X% share of total exports. These countries were followed by Canada, Chile and Bolivia, which together accounted for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for aluminium alloy plates, sheets and strip of thickness over X mm stood at $X per ton in 2021, with an increase of X% against the previous year. Overall, the export price, however, saw a perceptible slump. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Venezuela ($X per ton), while the average price for exports to Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+X%), while the prices for the other major destinations experienced a decline.

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Peru

After two years of decline, purchases abroad of aluminium alloy plates, sheets and strip of thickness over X mm increased by X% to X tons in 2021. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm skyrocketed to $X in 2021. Overall, total imports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), India (X tons) and Italy (X tons) were the main suppliers of imports of aluminium alloy plates, sheets and strip of thickness over X mm to Peru, together accounting for X% of total imports.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium alloy plate, sheet and strip of thickness over X mm suppliers to Peru were China ($X), India ($X) and Italy ($X), together accounting for X% of total imports.

Among the main suppliers, Italy, with a CAGR of +X%, saw 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 2021, the average import price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, saw a mild downturn. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably countryorigin: the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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