Peru: Market for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) 2024

Market Size for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Peru

The Peruvian market for siliceous fossil meals (kieselguhr, tripolite and diatomite) rose slightly to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Peru

In value terms, production of siliceous fossil meals (kieselguhr, tripolite and diatomite) expanded to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Exports from Peru

In 2022, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) from Peru soared to X tons, growing by X% against the year before. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) expanded remarkably to $X in 2022. Over the period under review, exports enjoyed a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Ecuador (X tons), Chile (X tons) and Honduras (X tons) were the main destinations of exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) from Peru, together comprising X% of total exports.

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

In value terms, Chile ($X), Ecuador ($X) and Honduras ($X) appeared to be the largest markets for siliceous fossil meal (kieselguhr, tripolite and diatomite) exported from Peru worldwide, together comprising X% of total exports.

Among the main countries of destination, Honduras, with a CAGR of X%, recorded the highest growth rate of 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 export price for siliceous fossil meals (kieselguhr, tripolite and diatomite) amounted to $X per ton, waning by X% against the previous year. In general, the export price recorded a perceptible reduction. The pace of growth appeared the most rapid in 2016 an increase of X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a 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 Chile ($X per ton), while the average price for exports to Honduras ($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 Chile (X%), while the prices for the other major destinations experienced a decline.

Imports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Imports into Peru

In 2022, the amount of siliceous fossil meals (kieselguhr, tripolite and diatomite) imported into Peru soared to X tons, picking up by X% compared with 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) soared to $X in 2022. In general, imports saw a perceptible increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of siliceous fossil meal (kieselguhr, tripolite and diatomite) to Peru, with a X% share of total imports. Moreover, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) from the United States exceeded the figures recorded by the second-largest supplier, Mexico (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and China (X% per year).

In value terms, the United States ($X) constituted the largest supplier of siliceous fossil meals (kieselguhr, tripolite and diatomite) to Peru, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average import price for siliceous fossil meals (kieselguhr, tripolite and diatomite) amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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