
Peru - Natural Rubber And Gums - Market Analysis, Forecast, Size, Trends and Insights
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Peru: Overview of the Market for Natural Rubber And Gums 2021
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Market Size for Natural Rubber And Gums in Peru
The Peruvian natural rubber and gum market fell to $X in 2019, with a decrease of -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, the total consumption indicated a temperate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2016 indices. The growth pace was the most rapid in 2010 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2019, consumption failed to regain the momentum.
Exports of Natural Rubber And Gums
Exports from Peru
In 2019, shipments abroad of natural rubber and gums increased by X% to X tonnes, rising for the fourth consecutive year after four years of decline. Over the period under review, exports showed a strong increase. Over the period under review, exports reached the maximum at X tonnes in 2011; however, from 2012 to 2019, exports remained at a lower figure.
In value terms, natural rubber and gum exports soared to $X in 2019. In general, exports showed strong growth. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. As a result, exports attained the peak of $X. From 2012 to 2019, the growth exports failed to regain the momentum.
Exports by Country
Bolivia (X tonnes) was the main destination for natural rubber and gum exports from Peru, with a X% share of total exports. It was followed by Spain (X kg), with a X% share of total exports.
From 2007 to 2019, the average annual rate of growth in terms of volume to Bolivia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Portugal (X% per year).
In value terms, Bolivia ($X) emerged as the key foreign market for natural rubber and gum exports from Peru, comprising X% of total exports. The second position in the ranking was occupied by Spain ($X), with a X% share of total exports.
From 2007 to 2019, the average annual growth rate of value to Bolivia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Portugal (X% per year).
Export Prices by Country
The average natural rubber and gum export price stood at $X per tonne in 2019, reducing by -X% against the previous year. Over the period under review, the export price saw a pronounced shrinkage. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2019, export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Spain ($X per tonne), while the average price for exports to Bolivia ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced mixed trend patterns.
Imports of Natural Rubber And Gums
Imports into Peru
In 2019, the amount of natural rubber and gums imported into Peru rose to X tonnes, growing by X% against the year before. Over the period under review, total imports indicated a measured increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Imports peaked at X tonnes in 2014; however, from 2015 to 2019, imports failed to regain the momentum.
In value terms, natural rubber and gum imports fell to $X in 2019. Overall, imports recorded a moderate increase. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.
Imports by Country
In 2019, Guatemala (X tonnes) constituted the largest natural rubber and gum supplier to Peru, accounting for a X% share of total imports. Moreover, natural rubber and gum imports from Guatemala exceeded the figures recorded by the second-largest supplier, Guam (X tonnes), twofold. Thailand (X tonnes) ranked third in terms of total imports with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of volume from Guatemala totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Guam (X% per year) and Thailand (+X% per year).
In value terms, Guatemala ($X), Thailand ($X) and Guam ($X) were the largest natural rubber and gum suppliers to Peru, together comprising X% of total imports. Malaysia, Spain, Panama and Viet Nam lagged somewhat behind, together comprising a further X (+X% per year) 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 natural rubber and gum import price stood at $X per tonne in 2019, dropping by -X% against the previous year. In general, the import price saw a slight contraction. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Thailand ($X per tonne), while the price for Viet Nam ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for natural rubber and gums in the world?+
The countries with the highest volumes of natural rubber and gum consumption in 2019 were Thailand (4M tonnes), Indonesia (3.7M tonnes) and China (1.4M tonnes), with a combined 62% share of global consumption. These countries were followed by Viet Nam, Malaysia, India and Cote d'Ivoire, which together accounted for a further 25%.
What are the largest producers of natural rubber and gums in the world?+
The countries with the highest volumes of natural rubber and gum production in 2019 were Thailand (4.9M tonnes), Indonesia (3.7M tonnes) and Viet Nam (1.2M tonnes), together comprising 67% of global production. These countries were followed by India, China, Malaysia and Cote d'Ivoire, which together accounted for a further 21%.
What are the leading suppliers of natural rubber and gums to Peru?+
In value terms, the largest natural rubber and gum suppliers to Peru were Guatemala ($500K), Thailand ($346K) and Guam ($241K), with a combined 69% share of total imports. These countries were followed by Malaysia, Spain, Panama and Viet Nam, which together accounted for a further 31%.
What are the leading importers of natural rubber and gums from Peru?+
In value terms, Bolivia ($7.2K) emerged as the key foreign market for natural rubber and gum exports from Peru, comprising 61% of total exports. The second position in the ranking was occupied by Spain ($3K), with a 25% share of total exports.
What is the average export price for natural rubber and gums in Peru?+
In 2019, the average natural rubber and gum export price amounted to $1,749 per tonne, waning by -4.5% against the previous year.
What is the average import price for natural rubber and gums in Peru?+
The average natural rubber and gum import price stood at $1,383 per tonne in 2019, falling by -13.6% against the previous year.
This report provides an in-depth analysis of the market for natural rubber and gum in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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