Peru: Veneer Sheets Market 2024

Veneer Sheets Market Size in Peru

The Peruvian veneer sheets market contracted significantly to $X in 2022, shrinking by X% against the previous year. Overall, consumption continues to indicate a abrupt downturn. Veneer sheets consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Veneer Sheets Production in Peru

In value terms, veneer sheets production contracted rapidly to $X in 2022 estimated in export price. In general, production continues to indicate a perceptible reduction. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Veneer Sheets Exports

Exports from Peru

In 2022, overseas shipments of veneer sheets increased by X% to X cubic meters, rising for the second year in a row after four years of decline. Over the period under review, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at X cubic meters in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, veneer sheets exports reached $X in 2022. In general, exports, however, continue to indicate a pronounced slump. 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 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X cubic meters) was the main destination for veneer sheets exports from Peru, accounting for a X% share of total exports. Moreover, veneer sheets exports to Mexico exceeded the volume sent to the second major destination, Ecuador (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Mexico amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and the Dominican Republic (X% per year).

In value terms, Mexico ($X) remains the key foreign market for veneer sheets exports from Peru, comprising X% of total exports. The second position in the ranking was taken by the Dominican Republic ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Mexico totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (X% per year) and Ecuador (X% per year).

Export Prices by Country

In 2022, the average veneer sheets export price amounted to $X per cubic meter, with an increase of X% against the previous year. Overall, export price indicated a remarkable increase 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, veneer sheets export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per cubic meter), while the average price for exports to Mexico ($X per cubic meter) was amongst the lowest.

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

Veneer Sheets Imports

Imports into Peru

In 2022, overseas purchases of veneer sheets decreased by X% to X cubic meters for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X cubic meters in 2021, and then declined sharply in the following year.

In value terms, veneer sheets imports dropped notably to $X in 2022. In general, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then declined significantly in the following year.

Imports by Country

China (X cubic meters) and Spain (X cubic meters) were the main suppliers of veneer sheets imports to Peru.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%).

In value terms, China ($X) constituted the largest supplier of veneer sheets to Peru, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled X%.

Import Prices by Country

The average veneer sheets import price stood at $X per cubic meter in 2022, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a noticeable decrease. Over the period under review, average import prices hit record highs at $X per cubic meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per cubic meter), while the price for Spain amounted to $X per cubic meter.

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

Source: IndexBox Platform

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