Price for Cutlery; Other than Plated with Precious Metal in Peru - 2022
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in Peru (CIF) - 2022
- Price for Cutlery; Other than Plated with Precious Metal in Peru (FOB) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in Peru
- Exports of Cutlery; Other than Plated with Precious Metal in Peru
Price for Cutlery; Other than Plated with Precious Metal in Peru (CIF) - 2022
The average import price for cutlery; other than plated with precious metals stood at $4,970 per ton in 2022, picking up by 24% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 26% against the previous year. Over the period under review, average import prices hit record highs at $5,098 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($14,944 per ton), while the price for China ($4,483 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cutlery; Other than Plated with Precious Metal in Peru (FOB) - 2022
In 2022, the average export price for cutlery; other than plated with precious metals amounted to $6,909 per ton, reducing by -8.1% against the previous year. Overall, the export price showed a noticeable decline. The growth pace was the most rapid in 2014 when the average export price increased by 6.8% against the previous year. Over the period under review, the average export prices hit record highs at $9,740 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($10,216 per ton), while the average price for exports to Chile ($4,124 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 Chile (-2.1%), while the prices for the other major destinations experienced a decline.
Imports of Cutlery; Other than Plated with Precious Metal in Peru
Imports of cutlery; other than plated with precious metals into Peru contracted remarkably to 1.1K tons in 2022, declining by -26.2% against the previous year's figure. In general, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 20%. As a result, imports attained the peak of 1.4K tons, and then plummeted in the following year.
In value terms, imports of cutlery; other than plated with precious metals reduced to $5.2M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. As a result, imports reached the peak of $5.7M, and then dropped in the following year.
| Import of Cutlery; Other than Plated with Precious Metal in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.8 | 3.4 | 5.1 | 4.5 | 5.8% |
| Brazil | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| India | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Others | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
| Total | 4.4 | 3.9 | 5.7 | 5.2 | 5.7% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to Peru in 2022:
- China (1003.1 tons)
- Brazil (20.7 tons)
- India (18.4 tons)
Exports of Cutlery; Other than Plated with Precious Metal in Peru
Exports of cutlery; other than plated with precious metals from Peru surged to 88 tons in 2022, growing by 67% on the year before. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 111%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of cutlery; other than plated with precious metals soared to $609K in 2022. In general, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 114%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Cutlery; Other than Plated with Precious Metal in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 298 | 154 | 257 | 419 | 12.0% |
| Portugal | N/A | N/A | N/A | 97.2 | 0% |
| Colombia | 18.8 | 21.5 | 36.3 | 48.4 | 37.1% |
| Panama | 8.6 | 0.3 | 68.9 | 22.7 | 38.2% |
| Chile | 10.1 | 1.0 | 31.6 | 6.8 | -12.4% |
| Others | 20.7 | 9.5 | 3.9 | 14.9 | -10.4% |
| Total | 356 | 186 | 397 | 609 | 19.6% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from Peru in 2022:
- Ecuador (56.1 tons)
- Portugal (19.1 tons)
- Colombia (7.9 tons)
- Panama (2.2 tons)
- Chile (1.7 tons)
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