Spices; Saffron Price in Peru - 2021
Contents:
- Spices; Saffron Price in Peru (CIF) - 2022
- Spices; Saffron Price in Peru (FOB) - 2022
- Spices; Saffron Imports in Peru
- Spices; Saffron Exports in Peru
Spices; Saffron Price in Peru (CIF) - 2022
In 2022, the average spices; saffron import price amounted to $525,433 per ton, growing by 28% against the previous year. Overall, the import price recorded a notable expansion. The pace of growth was the most pronounced in 2020 an increase of 41%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1,842,000 per ton), while the price for the United States ($291,417 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Saffron Price in Peru (FOB) - 2022
The average spices; saffron export price stood at $8,051 per ton in 2022, waning by -9.4% against the previous year. In general, the export price, however, enjoyed a perceptible increase. The growth pace was the most rapid in 2018 an increase of 136% against the previous year. The export price peaked at $8,885 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($21,000 per ton), while the average price for exports to Germany ($2,000 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 Saint Vincent and the Grenadines (+3.4%).
Spices; Saffron Imports in Peru
In 2022, purchases abroad of spices; saffra was finally on the rise to reach 30 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a sharp shrinkage.
In value terms, spices; saffron imports soared to $16K in 2022. Over the period under review, imports, however, continue to indicate a precipitous decrease.
Import of Spices; Saffron in Peru (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 27.0 | 14.9 | 0.2 | 8.2 | -32.8% |
United States | 3.6 | 4.6 | 3.0 | 3.5 | -0.9% |
Spain | 1.5 | 0.5 | 3.5 | 1.8 | 6.3% |
Argentina | 0.5 | 0.9 | 0.6 | 0.4 | -7.2% |
Others | 33.7 | N/A | 3.5 | 1.8 | -62.3% |
Total | 66.4 | 20.8 | 10.7 | 15.8 | -38.0% |
Top Suppliers of Spices; Saffron to Peru in 2022:
- United States (12.0 kg)
- Italy (10.0 kg)
- Argentina (1.0 kg)
- Spain (1.0 kg)
Spices; Saffron Exports in Peru
In 2022, shipments abroad of spices; saffra was finally on the rise to reach 39 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a deep setback.
In value terms, spices; saffron exports skyrocketed to $314 in 2022. In general, exports, however, saw a deep downturn.
Export of Spices; Saffron in Peru (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saint Vincent and the Grenadines | 438 | 396 | 231 | 268 | -15.1% |
France | N/A | N/A | N/A | 21.0 | 0% |
Germany | N/A | N/A | N/A | 2.0 | 0% |
Others | N/A | N/A | N/A | 23.0 | 0% |
Total | 438 | 396 | 231 | 314 | -10.5% |
Top Export Markets for Spices; Saffron from Peru in 2022:
- Saint Vincent and the Grenadines (36.0 kg)
- Germany (1.0 kg)
- France (1.0 kg)
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