Peru: Non-Cellular Polyethylene Film Market 2024

Non-Cellular Polyethylene Film Market Size in Peru

The Peruvian non-cellular polyethylene film market dropped slightly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Non-Cellular Polyethylene Film Production in Peru

In value terms, non-cellular polyethylene film production fell modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Non-Cellular Polyethylene Film Exports

Exports from Peru

In 2022, shipments abroad of non-cellular polyethylene films, sheets, foil and strip decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, total exports indicated perceptible growth from 2012 to 2022: its volume 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. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then declined in the following year.

In value terms, non-cellular polyethylene film exports amounted to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Ecuador (X tons), Bolivia (X tons) and Colombia (X tons) were the main destinations of non-cellular polyethylene film exports from Peru, with a combined X% share of total exports. Chile, the United States, Venezuela, Panama, Mexico, El Salvador, Guatemala, the Dominican Republic, Costa Rica and Trinidad and Tobago lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for non-cellular polyethylene film exported from Peru were Bolivia ($X), Ecuador ($X) and Colombia ($X), together comprising X% of total exports. Chile, the United States, El Salvador, Guatemala, Panama, Trinidad and Tobago, Costa Rica, Venezuela, the Dominican Republic and Mexico lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, the United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-cellular polyethylene film export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Trinidad and Tobago ($X per ton), while the average price for exports to Chile ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cellular Polyethylene Film Imports

Imports into Peru

After two years of growth, supplies from abroad of non-cellular polyethylene films, sheets, foil and strip decreased by X% to X tons in 2022. In general, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, non-cellular polyethylene film imports expanded modestly to $X in 2022. Overall, total imports indicated a prominent 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, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Free Zones (X tons), China (X tons) and Chile (X tons) were the main suppliers of non-cellular polyethylene film imports to Peru, together comprising X% of total imports.

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

In value terms, Chile ($X), China ($X) and Free Zones ($X) appeared to be the largest non-cellular polyethylene film suppliers to Peru, with a combined X% share of total imports.

Among the main suppliers, Free Zones, with a CAGR of X%, recorded 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 non-cellular polyethylene film import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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