Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Peru - 2022
Contents:
- Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Peru (CIF) - 2022
- Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Peru (FOB) - 2022
- Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Peru
- Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Peru
Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Peru (CIF) - 2022
In 2022, the average import price for liquid margarine and edible mixtures of animal or vegetable fats amounted to $1,644 per ton, reducing by -5.2% against the previous year. Overall, the import price, however, continues to indicate a modest increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 15%. As a result, import price attained the peak level of $1,733 per ton, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uruguay ($3,271 per ton), while the price for Indonesia ($1,168 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Peru (FOB) - 2022
The average export price for liquid margarine and edible mixtures of animal or vegetable fats stood at $1,666 per ton in 2022, shrinking by -9.4% against the previous year. Overall, the export price continues to indicate a mild decline. The pace of growth was the most pronounced in 2019 an increase of 84%. As a result, the export price attained the peak level of $2,365 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
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 Chile ($1,739 per ton), while the average price for exports to Colombia amounted to $385 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-1.0%), while the prices for the other major destinations experienced a decline.
Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Peru
In 2022, imports of liquid margarine and edible mixtures of animal or vegetable fats into Peru fell markedly to 8.4K tons, which is down by -16.1% on the previous year. In general, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 48% against the previous year. As a result, imports reached the peak of 10K tons, and then declined dramatically in the following year.
In value terms, imports of liquid margarine and edible mixtures of animal or vegetable fats reduced dramatically to $14M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 69%. As a result, imports reached the peak of $17M, and then reduced rapidly in the following year.
| Import of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 3.7 | 2.4 | 5.2 | 4.2 | 4.3% |
| Indonesia | 2.5 | 2.5 | 1.4 | 3.0 | 6.3% |
| United States | 4.8 | 3.3 | 5.4 | 2.5 | -19.5% |
| Chile | 0.2 | 0.1 | 0.1 | 0.9 | 65.1% |
| Uruguay | 1.3 | 0.4 | 2.0 | 0.8 | -14.9% |
| China | 0.2 | 0.1 | 0.6 | 0.5 | 35.7% |
| Italy | 0.3 | 0.2 | 0.5 | 0.4 | 10.1% |
| Spain | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
| Ecuador | 0.2 | 0.5 | 0.9 | 0.3 | 14.5% |
| Others | 0.4 | 0.6 | 0.8 | 0.7 | 20.5% |
| Total | 13.9 | 10.2 | 17.3 | 13.8 | -0.2% |
Top Suppliers of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats to Peru in 2022:
- Malaysia (3140.0 tons)
- Indonesia (2544.4 tons)
- United States (776.5 tons)
- Chile (415.3 tons)
- China (261.3 tons)
- Uruguay (250.1 tons)
- Italy (220.3 tons)
- Ecuador (195.6 tons)
- Spain (193.6 tons)
Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Peru
In 2022, approx. 148 tons of liquid margarine and edible mixtures of animal or vegetable fats were exported from Peru; which is down by -26.7% against the previous year's figure. In general, exports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 114%.
In value terms, exports of liquid margarine and edible mixtures of animal or vegetable fats contracted markedly to $247K in 2022. Overall, exports saw a significant curtailment. The growth pace was the most rapid in 2021 with an increase of 204% against the previous year.
| Export of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 339 | 120 | 370 | 244 | -10.4% |
| Colombia | N/A | N/A | N/A | 3.1 | 0% |
| Panama | 31.2 | N/A | N/A | N/A | 0% |
| Others | 340 | 2.0 | 1.8 | N/A | -92.7% |
| Total | 711 | 122 | 372 | 247 | -29.7% |
Top Export Markets for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats from Peru in 2022:
- Chile (140.3 tons)
- Colombia (8.0 tons)
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