Peru: Barbed Wire Market 2024

Barbed Wire Market Size in Peru

In 2022, the Peruvian barbed wire market increased by X% to $X, rising for the fifth year in a row after three years of decline. Overall, the total consumption indicated a resilient increase from 2012 to 2022: its value 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, consumption increased by X% against 2017 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Barbed Wire Production in Peru

In value terms, barbed wire production totaled $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Barbed Wire Exports

Exports from Peru

After three years of growth, shipments abroad of barbed wire and entanglements decreased by X% to X tons in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at X tons in 2021, and then shrank sharply in the following year.

In value terms, barbed wire exports contracted notably to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then contracted rapidly in the following year.

Exports by Country

Bolivia (X tons) was the main destination for barbed wire exports from Peru, with a X% share of total exports. Moreover, barbed wire exports to Bolivia exceeded the volume sent to the second major destination, Costa Rica (X tons), twofold. Belize (X tons) ranked third in terms of total exports with a X% share.

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: Costa Rica (X% per year) and Belize (X% per year).

In value terms, the largest markets for barbed wire exported from Peru were Bolivia ($X), Costa Rica ($X) and Belize ($X), together accounting for X% of total exports.

Costa Rica, with a CAGR of X%, recorded the highest growth rate of 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 barbed wire export price stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Panama ($X per ton) and Mexico ($X per ton), while the average price for exports to Bolivia ($X per ton) and Costa Rica ($X per ton) were amongst the lowest.

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

Barbed Wire Imports

Imports into Peru

In 2022, purchases abroad of barbed wire and entanglements increased by X% to X tons, rising for the fourth year in a row after two years of decline. In general, imports showed a resilient increase. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, barbed wire imports shrank to $X in 2022. Overall, imports saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then contracted modestly in the following year.

Imports by Country

In 2022, China (X tons) was the main supplier of barbed wire to Peru, accounting for a X% share of total imports. Moreover, barbed wire imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%.

In value terms, China ($X) constituted the largest supplier of barbed wire and entanglements to Peru, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%.

Import Prices by Country

In 2022, the average barbed wire import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for China amounted to $X per ton.

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

Source: IndexBox Platform

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