Price for Food Preparations Not Elsewhere Specified or Included in Peru - 2022
Contents:
- Price for Food Preparations Not Elsewhere Specified or Included in Peru (CIF) - 2022
- Price for Food Preparations Not Elsewhere Specified or Included in Peru (FOB) - 2022
- Imports of Food Preparations Not Elsewhere Specified or Included in Peru
- Exports of Food Preparations Not Elsewhere Specified or Included in Peru
Price for Food Preparations Not Elsewhere Specified or Included in Peru (CIF) - 2022
The average import price for food preparations not elsewhere specified or included stood at $6,388 per ton in 2022, reducing by -3.5% against the previous year. Overall, the import price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2015 when the average import price increased by 0.9% against the previous year. The import price peaked at $8,095 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Costa Rica ($17,132 per ton), while the price for Belgium ($2,186 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Food Preparations Not Elsewhere Specified or Included in Peru (FOB) - 2022
In 2022, the average export price for food preparations not elsewhere specified or included amounted to $8,235 per ton, picking up by 17% 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 2014 an increase of 33% against the previous year. As a result, the export price reached the peak level of $15,671 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($17,044 per ton), while the average price for exports to the United States ($1,685 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 Guatemala (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Food Preparations Not Elsewhere Specified or Included in Peru
After three years of growth, supplies from abroad of food preparations not elsewhere specified or included decreased by -1.5% to 47K tons in 2022. The total import volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 29%. As a result, imports reached the peak of 47K tons, and then shrank in the following year.
In value terms, imports of food preparations not elsewhere specified or included declined to $298M in 2022. The total import value increased at an average annual rate of +9.0% 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 with an increase of 28% against the previous year. As a result, imports reached the peak of $314M, and then reduced slightly in the following year.
| Import of Food Preparations Not Elsewhere Specified or Included in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 54.8 | 59.8 | 74.7 | 71.9 | 9.5% |
| Costa Rica | 0.9 | 20.2 | 28.1 | 27.8 | 213.8% |
| Netherlands | 12.4 | 15.6 | 17.5 | 26.4 | 28.6% |
| Mexico | 20.5 | 15.1 | 20.1 | 17.5 | -5.1% |
| Spain | 20.9 | 28.8 | 34.9 | 16.8 | -7.0% |
| Singapore | 9.2 | 12.4 | 12.1 | 15.5 | 19.0% |
| Malaysia | 8.0 | 6.7 | 13.3 | 13.9 | 20.2% |
| Free Zones | 12.6 | 10.3 | 14.7 | 12.1 | -1.3% |
| Brazil | 6.8 | 7.3 | 11.2 | 10.4 | 15.2% |
| Argentina | 4.0 | 6.3 | 8.9 | 8.2 | 27.0% |
| Germany | 5.9 | 9.0 | 10.6 | 7.4 | 7.8% |
| Italy | 2.0 | 2.5 | 2.7 | 4.4 | 30.1% |
| Belgium | 2.0 | 2.7 | 4.0 | 3.6 | 21.6% |
| Others | 70.8 | 49.2 | 61.0 | 62.4 | -4.1% |
| Total | 231 | 246 | 314 | 298 | 8.9% |
Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Peru in 2022:
- United States (21.1K tons)
- Brazil (3.8K tons)
- Mexico (2.4K tons)
- Argentina (1.9K tons)
- Netherlands (1.8K tons)
- Italy (1.7K tons)
- Costa Rica (1.6K tons)
- Belgium (1.6K tons)
- Malaysia (1.2K tons)
- Singapore (1.1K tons)
- Germany (1.0K tons)
- Free Zones (1.0K tons)
- Spain (1.0K tons)
Exports of Food Preparations Not Elsewhere Specified or Included in Peru
In 2022, approx. 8.1K tons of food preparations not elsewhere specified or included were exported from Peru; surging by 2.8% against 2021. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -6.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 58%. As a result, the exports attained the peak of 8.7K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of food preparations not elsewhere specified or included skyrocketed to $67M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 29%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Food Preparations Not Elsewhere Specified or Included in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 16.0 | 16.5 | 18.2 | 19.9 | 7.5% |
| Ecuador | 11.8 | 16.2 | 15.9 | 18.7 | 16.6% |
| United States | 4.7 | 7.3 | 6.2 | 5.6 | 6.0% |
| Bolivia | 1.9 | 2.4 | 1.6 | 1.9 | 0.0% |
| Chile | 1.8 | 3.0 | 3.2 | 1.5 | -5.9% |
| Panama | 0.4 | 0.7 | 0.6 | 0.6 | 14.5% |
| Others | 4.2 | 6.3 | 10.1 | 18.7 | 64.5% |
| Total | 40.8 | 52.5 | 55.8 | 67.0 | 18.0% |
Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Peru in 2022:
- United States (3.3K tons)
- Ecuador (2.1K tons)
- Colombia (1.5K tons)
- Chile (0.3K tons)
- Panama (0.1K tons)
- Bolivia (0.1K tons)
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