Peru: Anti-Oxidising Preparations Market 2024

Anti-Oxidising Preparations Market Size in Peru

The Peruvian anti-oxidising preparations market amounted to $X in 2023, approximately equating the previous year. In general, consumption, however, showed a noticeable curtailment. Anti-oxidising preparations consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Anti-Oxidising Preparations Production in Peru

In value terms, anti-oxidising preparations production stood at $X in 2023 estimated in export price. In general, production, however, continues to indicate a slight slump. The pace of growth was the most pronounced in 2016 with an increase of X%. Anti-oxidising preparations production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Anti-Oxidising Preparations Exports

Exports from Peru

In 2023, shipments abroad of anti-oxidising preparations and other compounds stabilisers for rubber or plastics was finally on the rise to reach X tons for the first time since 2014, thus ending a eight-year declining trend. Overall, exports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, anti-oxidising preparations exports rose significantly to $X in 2023. In general, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Ecuador (X tons) was the main destination for anti-oxidising preparations exports from Peru, with a X% share of total exports. Moreover, anti-oxidising preparations exports to Ecuador exceeded the volume sent to the second major destination, Mexico (X tons), fourfold. Bolivia (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Ecuador amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Bolivia (X% per year).

In value terms, Ecuador ($X) remains the key foreign market for anti-oxidising preparations and other compounds stabilisers for rubber or plastics exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with an X% share of total exports. It was followed by Bolivia, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Ecuador stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Bolivia (X% per year).

Export Prices by Country

The average anti-oxidising preparations export price stood at $X per ton in 2023, remaining stable against the previous year. Overall, the export price recorded a mild descent. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (X%), while the prices for the other major destinations experienced a decline.

Anti-Oxidising Preparations Imports

Imports into Peru

In 2023, purchases abroad of anti-oxidising preparations and other compounds stabilisers for rubber or plastics was finally on the rise to reach X tons after nine years of decline. Over the period under review, imports, however, faced a abrupt slump. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2023, the growth of imports failed to regain momentum.

In value terms, anti-oxidising preparations imports expanded rapidly to $X in 2023. In general, imports, however, faced a abrupt curtailment. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

Brazil (X tons), the United States (X tons) and Argentina (X tons) were the main suppliers of anti-oxidising preparations imports to Peru, together comprising X% of total imports. Spain, South Korea, Chile, Turkey, Thailand, Colombia, China and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the United States ($X), Brazil ($X) and Argentina ($X) constituted the largest anti-oxidising preparations suppliers to Peru, together accounting for X% of total imports. Spain, South Korea, Turkey, Chile, Colombia, China, Thailand and Italy lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Spain, 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 a decline.

Import Prices by Country

The average anti-oxidising preparations import price stood at $X per ton in 2023, almost unchanged from the previous year. Overall, the import price, however, continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, 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 China ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform