Price for Vegetable Products Not Elsewhere Specified or Included in Peru - 2022

Contents:

  1. Price for Vegetable Products Not Elsewhere Specified or Included in Peru (FOB) - 2022
  2. Price for Vegetable Products Not Elsewhere Specified or Included in Peru (CIF) - 2022
  3. Exports of Vegetable Products Not Elsewhere Specified or Included in Peru
  4. Imports of Vegetable Products Not Elsewhere Specified or Included in Peru

Price for Vegetable Products Not Elsewhere Specified or Included in Peru (FOB) - 2022

In 2022, the average export price for vegetable products not elsewhere specified or includeds amounted to $1,460 per ton, falling by -16.9% against the previous year. Over the period under review, the export price recorded a slight shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by 47%. Over the period under review, the average export prices hit record highs at $1,879 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($2,463 per ton), while the average price for exports to China ($1,284 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 (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vegetable Products Not Elsewhere Specified or Included in Peru (CIF) - 2022

In 2022, the average import price for vegetable products not elsewhere specified or includeds amounted to $831 per ton, picking up by 34% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 59% against the previous year. The import price peaked at $1,205 per ton in 2017; however, from 2018 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 Brazil ($2,261 per ton), while the price for Ecuador ($337 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vegetable Products Not Elsewhere Specified or Included in Peru

In 2022, after three years of growth, there was decline in shipments abroad of vegetable products not elsewhere specified or includeds, when their volume decreased by -1.7% to 30K tons. The total export volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year.

In value terms, exports of vegetable products not elsewhere specified or includeds dropped remarkably to $43M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.9% 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 increased by +27.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57%. As a result, the exports reached the peak of $53M, and then contracted remarkably in the following year.

Export of Vegetable Products Not Elsewhere Specified or Included in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.919.027.521.521.8%
Brazil4.33.96.94.94.5%
Italy4.73.55.04.4-2.2%
Mexico2.71.33.32.1-8.0%
Belgium0.80.80.41.317.6%
India0.60.40.71.018.6%
Argentina1.60.81.91.0-14.5%
Germany0.90.61.00.90.0%
United States2.30.40.70.7-32.7%
Others5.63.05.35.3-1.8%
Total35.333.752.843.16.9%

Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Peru in 2022:

  1. China (16.7K tons)
  2. Brazil (2.9K tons)
  3. Italy (2.7K tons)
  4. Mexico (1.3K tons)
  5. Argentina (0.7K tons)
  6. India (0.6K tons)
  7. Germany (0.6K tons)
  8. Belgium (0.6K tons)
  9. United States (0.3K tons)

Imports of Vegetable Products Not Elsewhere Specified or Included in Peru

After two years of decline, purchases abroad of vegetable products not elsewhere specified or includeds increased by 55% to 3.5K tons in 2022. Over the period under review, imports, however, faced a precipitous shrinkage.

In value terms, imports of vegetable products not elsewhere specified or includeds soared to $2.9M in 2022. In general, imports, however, recorded a sharp slump.

Import of Vegetable Products Not Elsewhere Specified or Included in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire5204525261,19431.9%
Guatemala25836850861633.7%
Sri Lanka4,1001,171146457-51.9%
Ecuador21.623.752.6266130.9%
Brazil1,1101,4280.7158-47.8%
Spain22.812.926280.652.3%
Others396568122119-33.0%
Total6,4284,0231,6172,891-23.4%

Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Peru in 2022:

  1. Cote d'Ivoire (1103.3 tons)
  2. Sri Lanka (998.4 tons)
  3. Ecuador (791.5 tons)
  4. Guatemala (383.7 tons)
  5. Spain (110.6 tons)
  6. Brazil (69.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vegetable products not elsewhere specified or included - Peru