The import of Asbestos Friction Materials and Articles to Peru has shown fluctuating trends over the years. In 2023, the import value stood at 3.9892 million US Dollars. Year-on-year variation reveals significant growth and declines, such as a notable 36.13% rise in 2018 and a considerable dip of 14.04% in 2020. The average annual variation over the last five years has been 1.92%. Forecasts indicate a steady increase, with a 5-year CAGR of 2.25%, reaching 4.6032 million US Dollars by 2028, suggesting a stable upward trend.
Future trends to watch for include global regulatory changes on asbestos usage, technological advancements in friction materials, and shifts in Peru's automotive and industrial sectors, which could impact demand and import patterns.
