Peru - Cocoa Powder (Containing Added Sugar) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Peru - Cocoa Powder (Containing Added Sugar) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Cocoa Powder with Sugar in Peru - 2021

Contents:

  1. Price for Cocoa Powder with Sugar in Peru (CIF) - 2021
  2. Price for Cocoa Powder with Sugar in Peru (FOB) - 2022
  3. Imports of Cocoa Powder with Sugar in Peru
  4. Exports of Cocoa Powder with Sugar in Peru

Price for Cocoa Powder with Sugar in Peru (CIF) - 2021

The average cocoa powder with sugar import price stood at $11,790 per ton in April 2020, with an increase of 9.3% against the previous month. Over the period from January 2020 to April 2020, it increased at an average monthly rate of +6.8%. The growth pace was the most rapid in March 2020 when the average import price increased by 13% m-o-m. The import price peaked in April 2020.

There were significant differences in the average prices amongst the major supplying countries. In April 2020, the country with the highest price was Malaysia ($12,023 per ton), while the price for the United States amounted to $3,059 per ton.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by the United States (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cocoa Powder with Sugar in Peru (FOB) - 2022

The average cocoa powder with sugar export price stood at $5,826 per ton in 2022, rising by 16% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cocoa powder with sugar export price decreased by -12.5% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 113% against the previous year. Over the period under review, the average export prices reached the peak figure at $6,769 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($23,201 per ton), while the average price for exports to Chile ($1,519 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 Denmark (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cocoa Powder with Sugar in Peru

In 2022, overseas purchases of cocoa powder (containing added sugar) increased by 213% to 15 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a sharp slump.

In value terms, cocoa powder with sugar imports soared to $70K in 2022. In general, imports, however, showed a dramatic setback.

Import of Cocoa Powder with Sugar in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy14.5N/AN/A30.828.5%
Spain4.713.13.821.566.0%
United States51635.69.016.3-68.4%
BulgariaN/AN/AN/A1.10%
Ecuador34.27.01.2N/A-81.3%
Chile55.4N/A1.2N/A-85.3%
Costa Rica13.3N/A7.3N/A-25.9%
PanamaN/A54.0N/AN/A0%
Others0.31.16.1N/A350.9%
Total63811128.669.7-52.2%

Top Suppliers of Cocoa Powder with Sugar to Peru in 2022:

  1. Spain (6.1 tons)
  2. United States (4.5 tons)
  3. Italy (3.9 tons)
  4. Bulgaria (0.8 tons)

Exports of Cocoa Powder with Sugar in Peru

In 2022, after two years of decline, there was significant growth in shipments abroad of cocoa powder (containing added sugar), when their volume increased by 7.7% to 43 tons. Over the period under review, exports, however, showed a abrupt curtailment.

In value terms, cocoa powder with sugar exports skyrocketed to $251K in 2022. In general, exports, however, recorded a abrupt curtailment.

Export of Cocoa Powder with Sugar in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom27814182.6115-25.5%
Chile16.863.356.136.729.8%
United States56.420.935.428.5-20.3%
New Zealand0.115.5N/A23.0512.7%
SpainN/A0.1N/A20.81342.2%
IsraelN/AN/AN/A10.10%
Canada30.419.27.06.5-40.2%
France13.210.21.1N/A-71.1%
Others60.030.019.610.0-45.0%
Total454300202251-17.9%

Top Export Markets for Cocoa Powder with Sugar from Peru in 2022:

  1. Chile (24.2 tons)
  2. United Kingdom (7.7 tons)
  3. New Zealand (4.4 tons)
  4. Israel (2.2 tons)
  5. Spain (1.8 tons)
  6. United States (1.6 tons)
  7. Canada (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cocoa powder with sugar 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:

  • Prodcom 10821400 - Cocoa powder, containing added sugar or other sweetening matter

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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