Peru: Extruded Rod Market 2024

Extruded Rod Market Size in Peru

The Peruvian extruded rod market skyrocketed to $X in 2022, increasing 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). Over the period under review, consumption, however, continues to indicate a deep slump. Extruded rod consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Extruded Rod Exports

Exports from Peru

In 2022, extruded rod exports from Peru soared to X tons, rising by X% on 2021. Over the period under review, exports continue to indicate a slight increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, extruded rod exports stood at $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X tons) was the main destination for extruded rod exports from Peru, accounting for a X% share of total exports. It was followed by Cuba (X kg), with a X% share of total exports.

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

In value terms, Bolivia ($X) remains the key foreign market for extruded rods and profile shapes of cellular vulcanised rubber exports from Peru, comprising X% of total exports. The second position in the ranking was held by Cuba ($X), with a X% share of total exports.

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

Export Prices by Country

The average extruded rod export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price showed a mild slump. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

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

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Extruded Rod Imports

Imports into Peru

In 2022, approx. X tons of extruded rods and profile shapes of cellular vulcanised rubber were imported into Peru; rising by X% on the year before. Overall, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, extruded rod imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a noticeable reduction. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), Brazil (X tons) and the United States (X tons) were the main suppliers of extruded rod imports to Peru, with a combined X% share of total imports. China, Finland, Germany, Colombia and India lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the United States ($X) and Brazil ($X) appeared to be the largest extruded rod suppliers to Peru, together accounting for X% of total imports. Finland, China, Germany, India and Colombia lagged somewhat behind, together accounting for a further X%.

Finland, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average extruded rod import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, import price indicated strong growth 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, extruded rod import price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

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

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

Source: IndexBox Platform

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