Price for Flour, Meal, and Flakes of Potatoes in Peru - 2022

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Peru (CIF) - 2022
2. Price for Flour, Meal, and Flakes of Potatoes in Peru (FOB) - 2022
3. Imports of Flour, Meal, and Flakes of Potatoes in Peru
4. Exports of Flour, Meal, and Flakes of Potatoes in Peru

Price for Flour, Meal, and Flakes of Potatoes in Peru (CIF) - 2022

In 2022, the average import price for flour, meal, and flakes of potatoeses amounted to $1,763 per ton, rising by 3.3% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 17% against the previous year. Over the period under review, average import prices hit record highs at $1,911 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 Mexico ($2,977 per ton), while the price for Germany ($1,618 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 (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Flour, Meal, and Flakes of Potatoes in Peru (FOB) - 2022

The average export price for flour, meal, and flakes of potatoeses stood at $2,670 per ton in 2022, growing by 3.9% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for flour, meal, and flakes of potatoeses increased by +62.7% against 2017 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by 42% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($6,172 per ton), while the average price for exports to Spain ($1,953 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 Chile (+34.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flour, Meal, and Flakes of Potatoes in Peru

For the third year in a row, Peru recorded decline in purchases abroad of flour, meal, and flakes of potatoeses, which decreased by -5.8% to 512 tons in 2022. In general, imports recorded a abrupt setback.

In value terms, imports of flour, meal, and flakes of potatoeses fell to $904K in 2022. Overall, imports recorded a drastic downturn.

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Peru in 2022:

1. Germany (456.2 tons)
2. United States (43.8 tons)
3. Mexico (9.2 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Peru

In 2022, the amount of flour, meal, and flakes of potatoeses exported from Peru plummeted to 35 tons, dropping by -45.2% on the previous year's figure. Over the period under review, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 210% against the previous year. As a result, the exports reached the peak of 63 tons, and then dropped notably in the following year.

In value terms, exports of flour, meal, and flakes of potatoeses contracted rapidly to $92K in 2022. Overall, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 206%. As a result, the exports reached the peak of $162K, and then dropped significantly in the following year.

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Peru in 2022:

1. United States (27.8 tons)
2. Canada (3.6 tons)
3. Chile (1.3 tons)
4. Netherlands (0.7 tons)

Source: IndexBox Market Intelligence Platform