Updated Nov 11, 2022 01:27

Mixtures Of Slag Market in Peru

Market Overview
Please note: Annual data for 2022 are preliminary and subject to revision
In , the Peruvian mixtures of slag market was finally on the rise to reach $ after two years of decline. In general, consumption, however, showed a perceptible decrease. As a result, consumption reached the peak level of $. From 2019 to , the growth of the market remained at a somewhat lower figure.

In value terms, mixtures of slag production rose significantly to $ in estimated in export price. Over the period under review, production, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2018 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2019 to , production growth remained at a somewhat lower figure.


Consumption
Please note: Annual data for 2022 are preliminary and subject to revision
In , the amount of mixtures of slag consumed in Peru fell modestly to tons, which is down by -% against the previous year. Over the period under review, consumption continues to indicate a perceptible decrease. Over the period under review, consumption reached the peak volume at tons in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.

The size of the mixtures of slag market in Peru reduced slightly 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 recorded a pronounced decrease. As a result, consumption reached the peak level of $. From 2019 to , the growth of the market remained at a somewhat lower figure.


Market Forecast
Please note: Annual data for 2022 are preliminary and subject to revision
Depressed by shrinking demand for mixtures of slag 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 .


Market Structure
Please note: Annual data for 2022 are preliminary and subject to revision
Over the period under review, imports of mixtures of slag in Peru were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for mixtures of slag. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately ( percentage point) over the period under review.


Trade Balance
Please note: Annual data for 2022 are preliminary and subject to revision
Peru remains a net exporter of mixtures of slag; in physical and value terms, exports consistently exceeded imports from 2012 to 2018. In 2018, there was a significant trade surplus of tons, which was equal to $.