Price for Cereal Groats and Meal; of Wheat in Peru - 2022
Contents:
- Price for Cereal Groats and Meal; of Wheat in Peru (CIF) - 2022
- Price for Cereal Groats and Meal; of Wheat in Peru (FOB) - 2022
- Imports of Cereal Groats and Meal; of Wheat in Peru
- Exports of Cereal Groats and Meal; of Wheat in Peru
Price for Cereal Groats and Meal; of Wheat in Peru (CIF) - 2022
The average import price for cereal groats and meal; of wheats stood at $672 per ton in 2022, surging by 44% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Mexico.
From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +2.5% per year.
Price for Cereal Groats and Meal; of Wheat in Peru (FOB) - 2022
The average export price for cereal groats and meal; of wheats stood at $1,434 per ton in 2022, surging by 16% against the previous year. Over the period under review, the export price, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 94%. Over the period under review, the average export prices hit record highs at $1,755 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,734 per ton), while the average price for exports to Chile ($249 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.4%), while the prices for the other major destinations experienced a decline.
Imports of Cereal Groats and Meal; of Wheat in Peru
In 2022, approx. 3K tons of cereal groats and meal; of wheats were imported into Peru; with an increase of 608% compared with the year before. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereal groats and meal; of wheats soared to $2M in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereal Groats and Meal; of Wheat in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 629 | 876 | 183 | 1,986 | 46.7% |
| Others | 7.4 | 14.4 | 12.4 | 1.6 | -40.0% |
| Total | 637 | 891 | 195 | 1,988 | 46.1% |
Top Suppliers of Cereal Groats and Meal; of Wheat to Peru in 2022:
- Mexico (3.0K tons)
Exports of Cereal Groats and Meal; of Wheat in Peru
In 2022, the amount of cereal groats and meal; of wheats exported from Peru shrank to 13 tons, with a decrease of -13% compared with 2021. Overall, exports recorded a dramatic downturn.
In value terms, exports of cereal groats and meal; of wheats amounted to $19K in 2022. Over the period under review, exports saw a dramatic downturn.
| Export of Cereal Groats and Meal; of Wheat in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.1 | 19.2 | 18.2 | 18.1 | 14.4% |
| Chile | 0.2 | 0.1 | 0.2 | 0.6 | 44.2% |
| Spain | N/A | 0.3 | 0.2 | 0.2 | -18.4% |
| Bolivia | 52.2 | N/A | N/A | N/A | 0% |
| Others | 3.6 | N/A | 0.1 | N/A | -83.3% |
| Total | 68.2 | 19.6 | 18.8 | 18.9 | -34.8% |
Top Export Markets for Cereal Groats and Meal; of Wheat from Peru in 2022:
- United States (10.4 tons)
- Chile (2.6 tons)
- Spain (0.2 tons)
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