Kaolin Market in Peru
Market Overview
After two years of growth, the Peruvian kaolin market decreased by -
% to $ in . Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
In value terms, kaolin production expanded significantly to $ in estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of %. Kaolin production peaked at $ in 2012; however, from 2013 to , production failed to regain momentum.
% to $ in . Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.In value terms, kaolin production expanded significantly to $
in estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of %. Kaolin production peaked at $ in 2012; however, from 2013 to , production failed to regain momentum.Consumption
In , consumption of kaolin and kaolinic clays decreased by -% to tons for the first time since 2019, thus ending a two-year rising trend. Overall, consumption saw a relatively flat trend pattern. Kaolin consumption peaked at tons in 2012; however, from 2013 to , consumption failed to regain momentum.
The size of the kaolin market in Peru contracted to $ in , with a decrease of -% 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, however, saw a relatively flat trend pattern. Kaolin consumption peaked at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
, consumption of kaolin and kaolinic clays decreased by -% to tons for the first time since 2019, thus ending a two-year rising trend. Overall, consumption saw a relatively flat trend pattern. Kaolin consumption peaked at tons in 2012; however, from 2013 to , consumption failed to regain momentum.The size of the kaolin market in Peru contracted to $
in , with a decrease of -% 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, however, saw a relatively flat trend pattern. Kaolin consumption peaked at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for kaolin in Peru, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the 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 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
Driven by a growing demand, the share of imports in total supply in Peru increased significantly over the last fifteen years (from % to %).
% to %).Trade Balance
Peru remains a net importer of kaolin; 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.
Download XLSX
Download all the data in the form of a report