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Peru - Sacks and Bags of Polymers of Ethylene - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPeru: Ethylene Polymer Bag Market 2024
Ethylene Polymer Bag Market Size in Peru
The Peruvian ethylene polymer bag market reduced to $X in 2022, which is down by -4.7% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Ethylene polymer bag consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.
Ethylene Polymer Bag Production in Peru
In value terms, ethylene polymer bag production declined to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 19%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.
Ethylene Polymer Bag Exports
Exports from Peru
In 2022, after two years of growth, there was significant decline in overseas shipments of sacks and bags of polymers of ethylene, when their volume decreased by -31.5% to X tons. Over the period under review, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 96%. The exports peaked at X tons in 2021, and then contracted sharply in the following year.
In value terms, ethylene polymer bag exports shrank remarkably to $X in 2022. Overall, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 50%. As a result, the exports reached the peak of $X, and then fell remarkably in the following year.
Exports by Country
Chile (X tons) was the main destination for ethylene polymer bag exports from Peru, with a 47% share of total exports. Moreover, ethylene polymer bag exports to Chile exceeded the volume sent to the second major destination, Bolivia (X tons), threefold. Ecuador (X tons) ranked third in terms of total exports with a 10% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to Chile amounted to +37.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+17.5% per year) and Ecuador (+32.4% per year).
In value terms, Chile ($X), Bolivia ($X) and Ecuador ($X) appeared to be the largest markets for ethylene polymer bag exported from Peru worldwide, together accounting for 62% of total exports. The United States, the Dominican Republic, Costa Rica, Colombia, Panama, Trinidad and Tobago and Venezuela lagged somewhat behind, together accounting for a further 30%.
Among the main countries of destination, the Dominican Republic, with a CAGR of +54.8%, recorded 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 ethylene polymer bag export price amounted to $X per ton, with an increase of 22% against the previous year. In general, the export price, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 27%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($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 Panama (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Ethylene Polymer Bag Imports
Imports into Peru
In 2022, overseas purchases of sacks and bags of polymers of ethylene decreased by -5.7% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, imports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 49% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then shrank in the following year.
In value terms, ethylene polymer bag imports shrank to $X in 2022. In general, imports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of 46%. Over the period under review, imports hit record highs at $X in 2021, and then declined in the following year.
Imports by Country
China (X tons), Chile (X tons) and Ecuador (X tons) were the main suppliers of ethylene polymer bag imports to Peru, with a combined 80% share of total imports. Colombia, Spain, the United States and Israel lagged somewhat behind, together accounting for a further 11%.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +47.7%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Chile ($X) constituted the largest supplier of sacks and bags of polymers of ethylene to Peru, comprising 49% of total imports. The second position in the ranking was taken by China ($X), with a 24% share of total imports. It was followed by Colombia, with a 5.1% share.
From 2012 to 2022, the average annual rate of growth in terms of value from Chile totaled +18.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.0% per year) and Colombia (+3.4% per year).
Import Prices by Country
In 2022, the average ethylene polymer bag import price amounted to $X per ton, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 13% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Ecuador ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the ethylene polymer bag market in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22221100 - Sacks and bags of polymers of ethylene (including cones)
Country coverage:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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