Peru: Market for Mono-, Di- Or Tri-Chloroacetic Acids; Propionic, Butanoic And Pentanoic Acids And Their Salts And Esters 2024

Market Size for Mono-, Di- Or Tri-Chloroacetic Acids; Propionic, Butanoic And Pentanoic Acids And Their Salts And Esters in Peru

In 2023, the Peruvian market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters was finally on the rise to reach $X for the first time since 2019, thus ending a three-year declining trend. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Production of Mono-, Di- Or Tri-Chloroacetic Acids; Propionic, Butanoic And Pentanoic Acids And Their Salts And Esters in Peru

In value terms, production of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters reduced modestly to $X in 2023 estimated in export price. Overall, production continues to indicate a mild slump. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

Exports of Mono-, Di- Or Tri-Chloroacetic Acids; Propionic, Butanoic And Pentanoic Acids And Their Salts And Esters

Exports from Peru

After ten years of decline, overseas shipments of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters increased by X% to X tons in 2023. In general, exports, however, showed a precipitous shrinkage. Over the period under review, the exports of reached the peak figure at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters amounted to $X in 2023. Over the period under review, exports, however, recorded a precipitous descent. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Chile (X tons) was the main destination for exports of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters from Peru, with a X% share of total exports. Moreover, exports of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters to Chile exceeded the volume sent to the second major destination, Colombia (X tons), more than tenfold.

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

In value terms, Chile ($X) remains the key foreign market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports.

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

Export Prices by Country

In 2023, the average export price for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters amounted to $X per ton, waning by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Chile ($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 more modest paces of growth.

Imports of Mono-, Di- Or Tri-Chloroacetic Acids; Propionic, Butanoic And Pentanoic Acids And Their Salts And Esters

Imports into Peru

In 2023, after two years of decline, there was significant growth in overseas purchases of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters, when their volume increased by X% to X tons. In general, total imports indicated a tangible increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2023, the growth of imports of failed to regain momentum.

In value terms, imports of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters stood at $X in 2023. Over the period under review, total imports indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2021; afterwards, it flattened through to 2023.

Imports by Country

China (X tons), Colombia (X tons) and the United States (X tons) were the main suppliers of imports of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters to Peru, with a combined X% share of total imports. Sweden, the Netherlands, Italy, Canada and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Colombia ($X) and the United States ($X) appeared to be the largest mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids suppliers to Peru, together accounting for X% of total imports. The Netherlands, Italy, Canada, Sweden and Germany lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Italy, with a CAGR of X%, saw the highest growth rate of 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

The average import price for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2022, and then shrank modestly in the following year.

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

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

Source: IndexBox Platform