Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Peru - 2022

Contents:

1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Peru (CIF) - 2022
2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Peru (FOB) - 2022
3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Peru
4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Peru

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Peru (CIF) - 2022

In 2022, the average import price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $0.4 per unit, with a decrease of -14.7% against the previous year. Overall, the import price, however, continues to indicate tangible growth. The pace of growth appeared the most rapid in 2015 an increase of 64%. The import price peaked at $0.6 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 India ($0.9 per unit), while the price for China ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Peru (FOB) - 2022

In 2022, the average export price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $0.9 per unit, declining by -38.4% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 64%. The export price peaked at $1.9 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1.2 per unit), while the average price for exports to Chile amounted to $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+43.8%), while the prices for the other major destinations experienced a decline.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Peru

Imports of millstones, grindstones, grinding wheels and the like; of natural stones into Peru skyrocketed to 902K units in 2022, rising by 28% against 2021 figures. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 100% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones rose notably to $349K in 2022. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 155%. Over the period under review, imports of millstones, grindstones, grinding wheels and like; of natural stones hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Peru in 2022:

1. Colombia (506.5K units)
2. China (375.1K units)
3. Thailand (1.6K units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Peru

In 2022, exports of millstones, grindstones, grinding wheels and the like; of natural stones from Peru soared to 23K units, picking up by 141% compared with the year before. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 7,015%. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones skyrocketed to $21K in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 5,660% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Peru in 2022:

1. United States (17.2K units)
2. Chile (5.5K units)

Source: IndexBox Market Intelligence Platform