Peru Styrene Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Peru`s styrene import market in 2024 continued to see a high level of concentration, with the top exporting countries being the USA, China, Netherlands, Belgium, and Colombia. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating significant market dominance by these key players. With a strong compound annual growth rate (CAGR) of 12.99% from 2020 to 2024, the market exhibited robust expansion. The growth rate from 2023 to 2024 was also notable at 2.94%, suggesting a steady increase in demand for styrene imports in Peru.
Peru Styrene Market | Country-Wise Share and Competition Analysis
In the year 2021, Other Asia, nes was the largest exporter in terms of value, followed by China. It has registered a growth of 442.85% over the previous year. While China registered a growth of 21.42% as compare to the previous year. In the year 2017 Colombia was the largest exporter followed by USA. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Peru has the Herfindahl index of 1444 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index of 1591 which signifies moderately concentrated in the market.
Key Highlights of the Report:
- Peru Styrene Market Outlook
- Market Size of Peru Styrene Market, 2021
- Forecast of Peru Styrene Market, 2028
- Historical Data and Forecast of Peru Styrene Revenues & Volume for the Period 2018 - 2028
- Peru Styrene Market Trend Evolution
- Peru Styrene Market Drivers and Challenges
- Peru Styrene Price Trends
- Peru Styrene Porter's Five Forces
- Peru Styrene Industry Life Cycle
- Historical Data and Forecast of Peru Styrene Market Revenues & Volume By Type for the Period 2018 - 2028
- Historical Data and Forecast of Peru Styrene Market Revenues & Volume By Acrylonitrile Butadiene Styrene (ABS) for the Period 2018 - 2028
- Historical Data and Forecast of Peru Styrene Market Revenues & Volume By Expanded Polystyrene (EPS) for the Period 2018 - 2028
- Historical Data and Forecast of Peru Styrene Market Revenues & Volume By Others for the Period 2018 - 2028
- Historical Data and Forecast of Peru Styrene Market Revenues & Volume By Application for the Period 2018 - 2028
- Historical Data and Forecast of Peru Styrene Market Revenues & Volume By Automotive for the Period 2018 - 2028
- Historical Data and Forecast of Peru Styrene Market Revenues & Volume By Construction for the Period 2018 - 2028
- Historical Data and Forecast of Peru Styrene Market Revenues & Volume By Packaging Consumer Goods for the Period 2018 - 2028
- Historical Data and Forecast of Peru Styrene Market Revenues & Volume By Others for the Period 2018 - 2028
- Historical Data and Forecast of Peru Styrene Market Revenues & Volume By Distribution Channel for the Period 2018 - 2028
- Historical Data and Forecast of Peru Styrene Market Revenues & Volume By Offline for the Period 2018 - 2028
- Historical Data and Forecast of Peru Styrene Market Revenues & Volume By Online for the Period 2018 - 2028
- Peru Styrene Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Distribution Channel
- Peru Styrene Top Companies Market Share
- Peru Styrene Competitive Benchmarking By Technical and Operational Parameters
- Peru Styrene Company Profiles
- Peru Styrene Key Strategic Recommendations
