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Peru - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCocoa Bean Price in Peru - 2021
Contents:
- Cocoa Bean Price in Peru (FOB) - 2021
- Cocoa Bean Price in Peru (CIF) - 2022
- Cocoa Bean Exports in Peru
- Cocoa Bean Imports in Peru
Cocoa Bean Price in Peru (FOB) - 2021
The average cocoa bean export price stood at $2,943 per ton in April 2020, which is down by -1.6% against the previous month. Over the last three-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in February 2020 when the average export price increased by 5.9% against the previous month. The export price peaked at $2,992 per ton in March 2020, and then contracted modestly in the following month.
There were significant differences in the average prices for the major external markets. In April 2020, the country with the highest price was Germany ($5,331 per ton), while the average price for exports to Mexico ($2,490 per ton) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Cocoa Bean Price in Peru (CIF) - 2022
The average cocoa bean import price stood at $3,200 per ton in 2022, with a decrease of -13.1% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cocoa bean import price increased by +71.6% against 2017 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 25% against the previous year. As a result, import price reached the peak level of $3,682 per ton, and then declined in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($3,303 per ton), while the price for Venezuela amounted to $3,127 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Cocoa Bean Exports in Peru
Cocoa bean exports from Peru contracted slightly to 56K tons in 2022, with a decrease of -3.4% on the previous year. Overall, exports saw a perceptible contraction. The pace of growth was the most pronounced in 2021 when exports increased by 7.4% against the previous year.
In value terms, cocoa bean exports contracted modestly to $150M in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 6.2% against the previous year. As a result, the exports attained the peak of $155M, and then shrank in the following year.
Export of Cocoa Bean in Peru (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 40.3 | 30.2 | 37.0 | 34.8 | -4.8% |
Indonesia | 39.2 | 22.0 | 32.6 | 30.7 | -7.8% |
Belgium | 10.1 | 26.2 | 17.8 | 16.7 | 18.2% |
United States | 15.6 | 19.3 | 16.1 | 15.7 | 0.2% |
Malaysia | 9.6 | 10.1 | 13.0 | 12.2 | 8.3% |
Italy | 10.2 | 10.9 | 12.3 | 11.6 | 4.4% |
Mexico | 7.8 | 6.1 | 8.7 | 8.2 | 1.7% |
Others | 21.3 | 20.9 | 17.2 | 20.2 | -1.8% |
Total | 154 | 146 | 155 | 150 | -0.9% |
Top Export Markets for Cocoa Bean from Peru in 2022:
- Netherlands (12.6K tons)
- Indonesia (12.2K tons)
- Belgium (6.3K tons)
- United States (5.5K tons)
- Malaysia (4.9K tons)
- Italy (4.2K tons)
- Mexico (3.4K tons)
Cocoa Bean Imports in Peru
After two years of decline, purchases abroad of cocoa beans increased by 256% to 55 tons in 2022. In general, imports, however, saw a sharp downturn.
In value terms, cocoa bean imports surged to $175K in 2022. Overall, imports, however, showed a sharp downturn.
Import of Cocoa Bean in Peru (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Venezuela | 38.9 | 218 | 36.1 | 100 | 37.0% |
Ecuador | 1,100 | 75.6 | 20.6 | 74.8 | -59.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1,139 | 294 | 56.7 | 175 | -46.4% |
Top Suppliers of Cocoa Bean to Peru in 2022:
- Venezuela (32.1 tons)
- Ecuador (22.7 tons)
This report provides an in-depth analysis of the cocoa bean market in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 661 - Cocoa beans
Country coverage:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cocoa bean market in Peru.
This report provides an in-depth analysis of the global cocoa bean market.
This report provides an in-depth analysis of the cocoa bean market in Peru.
This report provides an in-depth analysis of the global cocoa bean market.
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