Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Peru - 2022

Contents:

1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Peru (CIF) - 2022
2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Peru (FOB) - 2022
3. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Peru
4. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Peru

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Peru (CIF) - 2022

In 2022, the average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $1,504 per ton, increasing by 35% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced descent. The import price peaked at $2,010 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($1,748 per ton), while the price for Brazil totaled $1,483 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Peru (FOB) - 2022

In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $718 per ton, growing by 5% against the previous year. Over the period under review, the export price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 48%. The export price peaked at $1,120 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to -5.8% per year.

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Peru

For the fourth consecutive year, Peru recorded growth in supplies from abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell, which increased by 20% to 149 tons in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 60%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell skyrocketed to $225K in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Peru in 2022:

1. Brazil (137.7 tons)
2. Argentina (11.7 tons)

Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Peru

For the fourth consecutive year, Peru recorded growth in shipments abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell, which increased by 9.1% to 310 tons in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +26.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +104.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 70% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell expanded significantly to $223K in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 71%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Peru in 2022:

1. Ecuador (309.8 tons)

Source: IndexBox Market Intelligence Platform