Pyrites Market in Peru
Market Overview
The Peruvian pyrites market declined to $
in , standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a noticeable increase. As a result, consumption reached the peak level of $. From 2018 to , the growth of the market remained at a somewhat lower figure.
In value terms, pyrites production shrank slightly to $ in estimated in export price. The total output value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 with an increase of %. As a result, production reached the peak level of $. From 2012 to , production growth failed to regain momentum.
in , standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a noticeable increase. As a result, consumption reached the peak level of $. From 2018 to , the growth of the market remained at a somewhat lower figure.In value terms, pyrites production shrank slightly to $
in estimated in export price. The total output value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 with an increase of %. As a result, production reached the peak level of $. From 2012 to , production growth failed to regain momentum.Consumption
Pyrites consumption in Peru reached tons in , growing by % against figures. Overall, consumption posted a moderate increase. As a result, consumption reached the peak volume of tons. From 2018 to , the growth of the consumption remained at a somewhat lower figure.
The revenue of the pyrites market in Peru amounted to $ in , rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a notable expansion. As a result, consumption attained the peak level of $. From 2018 to , the growth of the market remained at a somewhat lower figure.
tons in , growing by % against figures. Overall, consumption posted a moderate increase. As a result, consumption reached the peak volume of tons. From 2018 to , the growth of the consumption remained at a somewhat lower figure.The revenue of the pyrites market in Peru amounted to $
in , rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a notable expansion. As a result, consumption attained the peak level of $. From 2018 to , the growth of the market remained at a somewhat lower figure.Market Forecast
Driven by increasing demand for pyrites in Peru, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, the share of imports in terms of total pyrites consumption in Peru was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Peru pyrites market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
% figure. In value terms the share of imports also stood at a low figure, which means that the Peru pyrites market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
Peru remains a net exporter of pyrites; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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