Peru: Metal Advertising Sign Market 2024

Metal Advertising Sign Market Size in Peru

The Peruvian metal advertising sign market expanded modestly to $X in 2020, increasing by X% 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 slight growth from 2012 to 2020: its value increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by X% against 2018 indices. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Metal Advertising Sign Exports

Exports from Peru

In 2020, overseas shipments of metal advertising signs decreased by X% to X kg, falling for the fourth year in a row after two years of growth. In general, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2020, the exports stood at a somewhat lower figure.

In value terms, metal advertising sign exports shrank markedly to $X in 2020. Overall, exports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2020, the exports failed to regain momentum.

Exports by Country

Panama (X kg) was the main destination for metal advertising sign exports from Peru, accounting for a X% share of total exports. Moreover, metal advertising sign exports to Panama exceeded the volume sent to the second major destination, Colombia (X kg), twofold. The third position in this ranking was taken by the United States (X kg), with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to Panama totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and the United States (X% per year).

In value terms, Colombia ($X), the United States ($X) and Panama ($X) were the largest markets for metal advertising sign exported from Peru worldwide, together accounting for X% of total exports.

The United States, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average metal advertising sign export price amounted to $X per ton, which is down by X% against the previous year. Overall, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2013 an increase of X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2020, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Panama ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into Peru

In 2020, purchases abroad of metal advertising signs decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2020, the growth of imports remained at a somewhat lower figure.

In value terms, metal advertising sign imports expanded sharply to $X in 2020. In general, total imports indicated a temperate expansion from 2012 to 2020: its value increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2020, the growth of imports remained at a somewhat lower figure.

Imports by Country

Costa Rica (X tons), the United States (X tons) and China (X tons) were the main suppliers of metal advertising sign imports to Peru, together accounting for X% of total imports. Brazil, Spain, Bulgaria, Germany, Taiwan (Chinese), Argentina and Panama lagged somewhat behind, together accounting for a further X%.

From 2012 to 2020, the biggest increases were recorded for Brazil (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Brazil ($X) and Costa Rica ($X) appeared to be the largest metal advertising sign suppliers to Peru, together accounting for X% of total imports.

Among the main suppliers, Brazil, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average metal advertising sign import price amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated temperate growth from 2012 to 2020: its price increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Panama ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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