Natural Quartz Crystal Market in Peru
Market Overview
The Peruvian natural quartz crystal market skyrocketed to $
in , increasing 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). Over the period under review, consumption posted significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
in , increasing 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). Over the period under review, consumption posted significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.Consumption
In , natural quartz crystal consumption in Peru declined to tons, which is down by -% on the year before. In general, consumption, however, posted a prominent expansion. As a result, consumption attained the peak volume of tons, and then contracted in the following year.
The value of the natural quartz crystal market in Peru shrank to $ in , waning 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). Overall, consumption, however, enjoyed buoyant growth. As a result, consumption reached the peak level of $, and then fell in the following year.
, natural quartz crystal consumption in Peru declined to tons, which is down by -% on the year before. In general, consumption, however, posted a prominent expansion. As a result, consumption attained the peak volume of tons, and then contracted in the following year.The value of the natural quartz crystal market in Peru shrank to $
in , waning 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). Overall, consumption, however, enjoyed buoyant growth. As a result, consumption reached the peak level of $, and then fell in the following year.Market Forecast
The natural quartz crystal market is expected to start a downward consumption trend over the next eight-year period. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract 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 eight-year period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract 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
Natural quartz crystal market in Peru consists almost entirely of imported products. In recent years, import price have increased sharply. Despite the hike in price, Peru relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand.
Trade Balance
Peru remains a net importer of natural quartz crystal; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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