| Product Code: ETC170185 | Publication Date: Jan 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Peru continues to be a key destination for explosives & pyrotechnics imports, with top suppliers including China, USA, and Spain in 2024. The market shows high concentration with a consistently high Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 32.39% from 2020 to 2024 indicates a robust market expansion. Additionally, the growth rate of 17.91% from 2023 to 2024 highlights continued momentum in the industry. The data suggests a thriving market for explosives and pyrotechnics in Peru, driven by strong demand and diverse international suppliers.

Peru's Explosives & Pyrotechnics market is anticipated to experience a stable growth rate of 0.01% by 2027, reflecting trends observed in the largest economy Brazil, followed by Mexico, Argentina, Colombia and Chile.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Peru Explosives & Pyrotechnics Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru Explosives & Pyrotechnics Market Revenues & Volume, 2021 & 2031F |
3.3 Peru Explosives & Pyrotechnics Market - Industry Life Cycle |
3.4 Peru Explosives & Pyrotechnics Market - Porter's Five Forces |
3.5 Peru Explosives & Pyrotechnics Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 Peru Explosives & Pyrotechnics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Peru Explosives & Pyrotechnics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Peru Explosives & Pyrotechnics Market Trends |
6 Peru Explosives & Pyrotechnics Market, By Types |
6.1 Peru Explosives & Pyrotechnics Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Peru Explosives & Pyrotechnics Market Revenues & Volume, By Products, 2021-2031F |
6.1.3 Peru Explosives & Pyrotechnics Market Revenues & Volume, By Blasting agents, 2021-2031F |
6.1.4 Peru Explosives & Pyrotechnics Market Revenues & Volume, By Propellants, 2021-2031F |
6.1.5 Peru Explosives & Pyrotechnics Market Revenues & Volume, By Pyrotechnics, 2021-2031F |
6.1.6 Peru Explosives & Pyrotechnics Market Revenues & Volume, By Others, 2021-2031F |
6.2 Peru Explosives & Pyrotechnics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Peru Explosives & Pyrotechnics Market Revenues & Volume, By Mining, 2021-2031F |
6.2.3 Peru Explosives & Pyrotechnics Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Peru Explosives & Pyrotechnics Market Revenues & Volume, By Military, 2021-2031F |
6.2.5 Peru Explosives & Pyrotechnics Market Revenues & Volume, By Others, 2021-2031F |
7 Peru Explosives & Pyrotechnics Market Import-Export Trade Statistics |
7.1 Peru Explosives & Pyrotechnics Market Export to Major Countries |
7.2 Peru Explosives & Pyrotechnics Market Imports from Major Countries |
8 Peru Explosives & Pyrotechnics Market Key Performance Indicators |
9 Peru Explosives & Pyrotechnics Market - Opportunity Assessment |
9.1 Peru Explosives & Pyrotechnics Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 Peru Explosives & Pyrotechnics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Peru Explosives & Pyrotechnics Market - Competitive Landscape |
10.1 Peru Explosives & Pyrotechnics Market Revenue Share, By Companies, 2021 |
10.2 Peru Explosives & Pyrotechnics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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