Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Peru - 2022
Contents:
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Peru (FOB) - 2022
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Peru (CIF) - 2022
- Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Peru
- Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Peru
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Peru (FOB) - 2022
In 2022, the average export price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $1,771 per ton, increasing by 7.7% against the previous year. Overall, the export price, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by 67%. The export price peaked at $9,670 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Dominica.
From 2012 to 2022, the rate of growth in terms of prices for Mauritania amounted to +23.2% per year.
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Peru (CIF) - 2022
The average import price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $1,451 per ton in 2022, waning by -9.3% against the previous year. Overall, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 37% against the previous year. The import price peaked at $3,272 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 the UK ($3,479 per ton), while the price for the United States ($287 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+30.4%), while the prices for the other major suppliers experienced a decline.
Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Peru
For the third year in a row, Peru recorded decline in shipments abroad of powdered sweetened milk and cream of fat weight content over 1.5%, which decreased by -45.7% to 6.3 tons in 2022. Over the period under review, exports showed a precipitous contraction. The smallest decline of -23.9% was in 2020.
In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% contracted notably to $11K in 2022. Overall, exports showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 28%. As a result, the exports attained the peak of $126K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominica | 98.4 | 26.2 | 13.9 | 11.1 | -51.7% |
| Guyana | N/A | 99.2 | N/A | N/A | 0% |
| Others | 0.1 | N/A | 5.0 | N/A | 607.1% |
| Total | 98.4 | 126 | 18.9 | 11.1 | -51.7% |
Top Export Markets for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% from Peru in 2022:
- Dominica (6.3 tons)
Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Peru
In 2022, the amount of powdered sweetened milk and cream of fat weight content over 1.5% imported into Peru shrank to 5.4 tons, reducing by -8.6% on 2021. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 7.1% against the previous year.
In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% declined rapidly to $7.8K in 2022. Over the period under review, imports showed a sharp setback. The smallest decline of -17.1% was in 2021.
| Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 4.8 | 0.6 | 0.7 | 1.9 | -26.6% |
| Brazil | N/A | 1.0 | 2.2 | 1.6 | 26.5% |
| United Kingdom | 20.6 | 4.3 | 2.0 | 1.2 | -61.2% |
| United States | 1.6 | 0.2 | 0.2 | 0.4 | -37.0% |
| Others | 0.3 | 5.3 | 4.3 | 2.9 | 113.0% |
| Total | 27.4 | 11.4 | 9.5 | 7.8 | -34.2% |
Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Peru in 2022:
- Chile (2.4 tons)
- United States (1.2 tons)
- Brazil (0.6 tons)
- United Kingdom (0.3 tons)
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