Peru: Plaster Article Market 2024

Plaster Article Market Size in Peru

The Peruvian plaster article market soared to $X in 2022, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, faced a precipitous descent. Plaster article consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Plaster Article Exports

Exports from Peru

In 2022, shipments abroad of articles of plaster or of compositions based on plaster decreased by X% to X square meters for the first time since 2015, thus ending a six-year rising trend. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked at X square meters in 2021, and then contracted notably in the following year.

In value terms, plaster article exports reduced rapidly to $X in 2022. Over the period under review, exports, however, posted buoyant growth. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell sharply in the following year.

Exports by Country

Bolivia (X square meters) was the main destination for plaster article exports from Peru, accounting for a X% share of total exports. Moreover, plaster article exports to Bolivia exceeded the volume sent to the second major destination, Chile (X square meters), tenfold.

From 2012 to 2022, the average annual growth rate of volume to Bolivia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Ecuador (X% per year).

In value terms, Bolivia ($X) remains the key foreign market for articles of plaster or of compositions based on plaster exports from Peru, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Ecuador (X% per year).

Export Prices by Country

In 2022, the average plaster article export price amounted to $X per square meter, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt decline. The export price peaked at $X per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per square meter), while the average price for exports to Bolivia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (X%), while the prices for the other major destinations experienced a decline.

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Plaster Article Imports

Imports into Peru

In 2022, imports of articles of plaster or of compositions based on plaster into Peru rose notably to X square meters, growing by X% on the previous year's figure. In general, imports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X square meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, plaster article imports rose notably to $X in 2022. Overall, imports, however, faced a deep downturn. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest plaster article supplier to Peru, with a X% share of total imports. Moreover, plaster article imports from China exceeded the figures recorded by the second-largest supplier, Colombia (X square meters), threefold. The third position in this ranking was taken by Mexico (X square meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Mexico (X% per year).

In value terms, China ($X) constituted the largest supplier of articles of plaster or of compositions based on plaster to Peru, comprising X% of total imports. The second position in the ranking was taken by Colombia ($X), with a X% share of total imports. It was followed by Canada, with an X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Canada (X% per year).

Import Prices by Country

The average plaster article import price stood at $X per square meter in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for Colombia ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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