Peru: Wadding Market 2024

Wadding Market Size in Peru

The Peruvian wadding market dropped to $X in 2022, declining by X% against the previous year. Overall, the total consumption indicated a moderate expansion 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, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2021, and then fell slightly in the following year.

Wadding Production in Peru

In value terms, wadding production fell slightly to $X in 2022 estimated in export price. In general, the total production indicated moderate growth 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Wadding Exports

Exports from Peru

In 2022, after two years of decline, there was significant growth in shipments abroad of wadding, when their volume increased by X% to X tons. In general, exports, however, saw a pronounced slump. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, wadding exports totaled $X in 2022. Over the period under review, exports, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Chile (X tons), Ecuador (X tons) and the United States (X tons) were the main destinations of wadding exports from Peru, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Ecuador ($X) and the United States ($X) appeared to be the largest markets for wadding exported from Peru worldwide, with a combined X% share of total exports.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 wadding export price amounted to $X per ton, remaining stable against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Chile ($X per ton) and Venezuela ($X per ton), while the average price for exports to Mexico ($X per ton) and the United States ($X per ton) were 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 mixed trend patterns.

Wadding Imports

Imports into Peru

After four years of growth, supplies from abroad of wadding decreased by X% to X tons in 2022. In general, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2019 when imports increased by X%. Imports peaked at X tons in 2021, and then contracted slightly in the following year.

In value terms, wadding imports declined to $X in 2022. Over the period under review, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

China (X tons), the United States (X tons) and Italy (X tons) were the main suppliers of wadding imports to Peru, with a combined X% share of total imports. India, the Netherlands, Chile and Germany lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest wadding suppliers to Peru were China ($X), the United States ($X) and the Netherlands ($X), together accounting for X% of total imports. Italy, India, Chile and Germany lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, recorded the highest rates of growth with regard to 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 wadding import price stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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