Non-Liquid Margarine Price in Bolivia - 2023

Contents:

  1. Non-Liquid Margarine Price in Bolivia (FOB) - 2022
  2. Non-Liquid Margarine Price in Bolivia (CIF) - 2022
  3. Non-Liquid Margarine Exports in Bolivia
  4. Non-Liquid Margarine Imports in Bolivia

Non-Liquid Margarine Price in Bolivia (FOB) - 2022

The average non-liquid margarine export price stood at $3,010 per ton in 2022, growing by 12% against the previous year. In general, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2015 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Non-Liquid Margarine Price in Bolivia (CIF) - 2022

In 2022, the average non-liquid margarine import price amounted to $1,111 per ton, jumping by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2017 an increase of 18% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($1,906 per ton), while the price for Brazil ($959 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Liquid Margarine Exports in Bolivia

Non-liquid margarine exports from Bolivia soared to 165 tons in 2022, with an increase of 790% against the previous year. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-liquid margarine exports soared to $496K in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Non-Liquid Margarine in Bolivia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
PeruN/A4960%
United States49.6N/A0%
OthersN/AN/A0%
Total49.6496900.0%

Top Export Markets for Non-Liquid Margarine from Bolivia in 2022:

  1. Peru (164.6 tons)

Non-Liquid Margarine Imports in Bolivia

In 2022, overseas purchases of non-liquid margarine decreased by -35.6% to 400 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a sharp slump. The pace of growth was the most pronounced in 2020 when imports increased by 20% against the previous year. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-liquid margarine imports dropped significantly to $445K in 2022. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 15%. As a result, imports reached the peak of $931K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Non-Liquid Margarine in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil675787489323-21.8%
United States28.40.626.847.118.4%
Argentina38.330.037.839.10.7%
Italy32.018.544.535.93.9%
Colombia34.393.1N/A0.1-85.7%
Others1.22.70.2N/A-59.2%
Total809931598445-18.1%

Top Suppliers of Non-Liquid Margarine to Bolivia in 2022:

  1. Brazil (336.4 tons)
  2. United States (24.7 tons)
  3. Argentina (20.5 tons)
  4. Italy (18.8 tons)
  5. Colombia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Margarine (excluding liquid) - Bolivia