Peru - Butter - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Peru - Butter - Market Analysis, Forecast, Size, Trends and Insights

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Butter Price in Peru - 2021

Contents:

  1. Butter Price in Peru (CIF) - 2021
  2. Butter Price in Peru (FOB) - 2021
  3. Butter Imports in Peru
  4. Butter Exports in Peru

Butter Price in Peru (CIF) - 2021

The average butter import price stood at $5,486 per ton in April 2020, approximately equating the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2020 when the average import price increased by 11% against the previous month. As a result, import price reached the peak level of $6,181 per ton. From March 2020 to April 2020, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In April 2020, the country with the highest price was France ($7,716 per ton), while the price for Uruguay ($4,502 per ton) was amongst the lowest.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by New Zealand (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Butter Price in Peru (FOB) - 2021

The average butter export price stood at $2,442 per ton in February 2020, dropping by -54.2% against the previous month. Overall, the export price saw a precipitous slump. As a result, the export price attained the peak level of $5,333 per ton, and then contracted notably in the following month.

As there is only one major export destination, the average price level is determined by prices for Italy.

From January 2020 to February 2020, the rate of growth in terms of prices for Italy amounted to 0.0% per month.

Butter Imports in Peru

In 2022, the amount of butter imported into Peru skyrocketed to 616 tons, with an increase of 18% on the year before. In general, imports, however, saw a abrupt slump.

In value terms, butter imports skyrocketed to $3.9M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern.

Import of Butter in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay1,2374339612,01917.7%
Bolivia5958496141,27929.1%
France24519586.0155-14.2%
New Zealand313191309139-23.7%
Argentina45.827328412439.4%
Chile35.217589.611146.6%
VenezuelaN/AN/AN/A30.10%
United States3809.09.726.6-58.8%
Malaysia145170186N/A13.3%
India65771.4164N/A-50.0%
Others36125414419.4-62.3%
Total4,0142,6212,8483,904-0.9%

Top Suppliers of Butter to Peru in 2022:

  1. Uruguay (350.0 tons)
  2. Bolivia (173.2 tons)
  3. Argentina (25.0 tons)
  4. France (19.8 tons)
  5. Chile (15.5 tons)
  6. New Zealand (13.3 tons)
  7. Venezuela (12.9 tons)
  8. United States (4.2 tons)

Butter Exports in Peru

After two years of decline, shipments abroad of butter increased by 483% to 12 tons in 2022. In general, exports recorded buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, butter exports soared to $51K in 2022. Overall, exports showed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Butter in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EcuadorN/AN/AN/A43.10%
Chile13.08.73.20.3-71.5%
Free Zones12.77.02.3N/A-57.4%
Bolivia7.13.30.9N/A-64.4%
Others4.03.51.97.523.3%
Total36.822.58.450.911.4%

Top Export Markets for Butter from Peru in 2022:

  1. Ecuador (9.6 tons)
  2. Chile (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the butter market in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 886 - Butter of Cow Milk

Country coverage:

  • Peru

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Peru
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Butter - Peru