Market for Marble Granules And Powder in Peru
Market Overview
The Peruvian marble granules and powder market reduced 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). Overall, the total consumption indicated a noticeable expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2019 indices. Over the period under review, the market attained the peak level at $ in 2019; however, from to , consumption failed to regain momentum.
In value terms, marble granules and powder production shrank to $ in estimated in export price. Overall, the total production indicated a prominent increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The most prominent rate of growth was recorded in 2009 with an increase of %. Over the period under review, production attained the peak level at $ in 2019; however, from to , production remained at a lower figure.
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). Overall, the total consumption indicated a noticeable expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2019 indices. Over the period under review, the market attained the peak level at $ in 2019; however, from to , consumption failed to regain momentum.In value terms, marble granules and powder production shrank to $
in estimated in export price. Overall, the total production indicated a prominent increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The most prominent rate of growth was recorded in 2009 with an increase of %. Over the period under review, production attained the peak level at $ in 2019; however, from to , production remained at a lower figure.Consumption
In , approx. tons of granules, chippings and powder of marble were consumed in Peru; shrinking by -% against . Over the period under review, the total consumption indicated a measured increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2019 indices. As a result, consumption reached the peak volume of tons. From to , the growth of the consumption remained at a lower figure.
The revenue of the marble granules and powder market in Peru shrank 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). In general, the total consumption indicated moderate growth from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2019 indices. Over the period under review, the market reached the peak level at $ in 2019; however, from to , consumption stood at a somewhat lower figure.
, approx. tons of granules, chippings and powder of marble were consumed in Peru; shrinking by -% against . Over the period under review, the total consumption indicated a measured increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2019 indices. As a result, consumption reached the peak volume of tons. From to , the growth of the consumption remained at a lower figure.The revenue of the marble granules and powder market in Peru shrank 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). In general, the total consumption indicated moderate growth from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2019 indices. Over the period under review, the market reached the peak level at $ in 2019; however, from to , consumption stood at a somewhat lower figure.Market Forecast
Driven by increasing demand for granules, chippings and powder of marble 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, imports of marble granules and powder 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 marble granules and powder.
Trade Balance
Peru remains a net importer of marble granules and powder; 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 $.
. In , there was a significant trade deficit of tons, which was equal to $.
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