Price for Cereal Groats; Meal and Pellets in Peru - 2021

Contents:

1. Price for Cereal Groats; Meal and Pellets in Peru (CIF) - 2022
2. Price for Cereal Groats; Meal and Pellets in Peru (FOB) - 2022
3. Imports of Cereal Groats; Meal and Pellets in Peru
4. Exports of Cereal Groats; Meal and Pellets in Peru

Price for Cereal Groats; Meal and Pellets in Peru (CIF) - 2022

In 2022, the average import price for cereal groats; meal and pelletses amounted to $527 per ton, increasing by 11% against the previous year. Overall, the import price, however, continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 22%. As a result, import price attained the peak level of $642 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($707 per ton), while the price for Brazil ($406 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.4%), while the prices for the other major suppliers experienced a decline.

Price for Cereal Groats; Meal and Pellets in Peru (FOB) - 2022

In 2022, the average export price for cereal groats; meal and pelletses amounted to $769 per ton, which is down by -8.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2015 an increase of 38%. The export price peaked at $843 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,589 per ton), while the average price for exports to Ecuador stood at $749 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+2.9%), while the prices for the other major destinations experienced a decline.

Imports of Cereal Groats; Meal and Pellets in Peru

In 2022, the amount of cereal groats; meal and pelletses imported into Peru skyrocketed to 2.1K tons, surging by 162% compared with the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern.

In value terms, cereal groats; meal and pellets imports skyrocketed to $1.1M in 2022. Overall, imports, however, showed a deep setback.

Top Suppliers of Cereal Groats; Meal and Pellets to Peru in 2022:

1. Mexico (1487.6 tons)
2. Brazil (456.0 tons)
3. Argentina (83.4 tons)
4. Italy (33.3 tons)

Exports of Cereal Groats; Meal and Pellets in Peru

In 2022, shipments abroad of cereal groats; meal and pelletses was finally on the rise to reach 705 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a deep slump.

In value terms, cereal groats; meal and pellets exports contracted to $542K in 2022. In general, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 9.9%.

Top Export Markets for Cereal Groats; Meal and Pellets from Peru in 2022:

1. Ecuador (679.5 tons)
2. United States (17.3 tons)

Source: IndexBox Market Intelligence Platform