Price for Food Preparations Not Elsewhere Specified or Included in Bolivia - 2023

Contents:

  1. Price for Food Preparations Not Elsewhere Specified or Included in Bolivia (CIF) - 2022
  2. Price for Food Preparations Not Elsewhere Specified or Included in Bolivia (FOB) - 2022
  3. Imports of Food Preparations Not Elsewhere Specified or Included in Bolivia
  4. Exports of Food Preparations Not Elsewhere Specified or Included in Bolivia

Price for Food Preparations Not Elsewhere Specified or Included in Bolivia (CIF) - 2022

The average import price for food preparations not elsewhere specified or included stood at $12,031 per ton in 2022, increasing by 3.4% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 19% against the previous year. As a result, import price attained the peak level of $13,919 per ton. From 2019 to 2022, the average import prices remained at a 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 Colombia ($19,230 per ton), while the price for Italy ($1,784 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Food Preparations Not Elsewhere Specified or Included in Bolivia (FOB) - 2022

The average export price for food preparations not elsewhere specified or included stood at $5,634 per ton in 2022, declining by -34.1% against the previous year. Overall, the export price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by 35%. The export price peaked at $10,836 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($23,635 per ton), while the average price for exports to Paraguay ($2,174 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 Spain (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Food Preparations Not Elsewhere Specified or Included in Bolivia

In 2022, approx. 10K tons of food preparations not elsewhere specified or included were imported into Bolivia; remaining stable against 2021. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of food preparations not elsewhere specified or included expanded modestly to $123M in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Food Preparations Not Elsewhere Specified or Included in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil75.847.168.279.11.4%
United States16.019.918.412.0-9.1%
Chile9.613.26.15.0-19.5%
Argentina4.12.92.73.7-3.4%
Malaysia0.50.72.83.387.6%
Colombia2.22.72.62.65.7%
Spain2.92.02.32.5-4.8%
Mexico1.81.52.92.410.1%
Peru1.91.91.71.6-5.6%
Italy0.60.30.61.018.6%
Germany0.30.30.80.838.7%
Others4.75.27.88.622.3%
Total12097.61171230.8%

Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Bolivia in 2022:

  1. Brazil (4672.3 tons)
  2. Argentina (1233.8 tons)
  3. United States (1053.3 tons)
  4. Italy (569.1 tons)
  5. Chile (545.8 tons)
  6. Malaysia (458.3 tons)
  7. Mexico (244.9 tons)
  8. Spain (194.5 tons)
  9. Peru (188.4 tons)
  10. Germany (163.4 tons)
  11. Colombia (133.9 tons)

Exports of Food Preparations Not Elsewhere Specified or Included in Bolivia

In 2022, overseas shipments of food preparations not elsewhere specified or included were finally on the rise to reach 69 tons after two years of decline. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of food preparations not elsewhere specified or included skyrocketed to $388K in 2022. In general, exports, however, continue to indicate a deep downturn.

Export of Food Preparations Not Elsewhere Specified or Included in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy10716914914811.4%
Peru29938.030.4101-30.4%
United States11.623.719.053.266.1%
Spain7.713.419.931.459.8%
Chile2.310085.230.0135.4%
Costa Rica1.30.80.510.4100.0%
ParaguayN/AN/AN/A8.10%
Others13611922.16.2-64.3%
Total564463326388-11.7%

Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Bolivia in 2022:

  1. Peru (32.8 tons)
  2. United States (13.2 tons)
  3. Spain (7.6 tons)
  4. Italy (6.2 tons)
  5. Paraguay (3.7 tons)
  6. Chile (3.6 tons)
  7. Costa Rica (1.5 tons)

Source: IndexBox Market Intelligence Platform

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