Price for Cereals; Grain Sorghum, Other than Seed in Peru - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Peru (FOB) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Peru (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Other than Seed in Peru
- Imports of Cereals; Grain Sorghum, Other than Seed in Peru
Price for Cereals; Grain Sorghum, Other than Seed in Peru (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $1,724 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2019 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices reached the maximum at $4,331 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2016 to 2022, the rate of growth in terms of prices for Bahrain amounted to -42.8% per year.
Price for Cereals; Grain Sorghum, Other than Seed in Peru (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $226 per ton in 2022, rising by 2.8% against the previous year. Over the period under review, the import price, however, recorded a slight contraction. The growth pace was the most rapid in 2016 an increase of 94% against the previous year. As a result, import price reached the peak level of $782 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Bolivia.
From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to -1.5% per year.
Exports of Cereals; Grain Sorghum, Other than Seed in Peru
After two years of decline, shipments abroad of cereals; grain sorghum, other than seeds decreased by 0% to 12 tons in 2022. In general, exports saw significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of cereals; grain sorghum, other than seeds amounted to $21K in 2022. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
Export of Cereals; Grain Sorghum, Other than Seed in Peru (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | N/A | N/A | N/A | 21.1 | 0% |
Bahrain | 0.2 | N/A | N/A | N/A | 0% |
United States | 0.3 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.5 | N/A | N/A | 21.1 | 248.2% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Peru in 2022:
- Chile (12.2 tons)
Imports of Cereals; Grain Sorghum, Other than Seed in Peru
In 2022, approx. 368 tons of cereals; grain sorghum, other than seeds were imported into Peru; surging by 9.5% on the year before. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 100% against the previous year. As a result, imports attained the peak of 400 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cereals; grain sorghum, other than seeds rose rapidly to $83K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 97%. As a result, imports attained the peak of $93K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Cereals; Grain Sorghum, Other than Seed in Peru (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bolivia | 46.9 | 92.6 | 74.1 | 83.4 | 21.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 46.9 | 92.6 | 74.1 | 83.4 | 21.2% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Peru in 2022:
- Bolivia (368.1 tons)
This report provides an in-depth analysis of the sorghum market in Peru.
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