Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Peru - 2022

Contents:

1. Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Peru (CIF) - 2022
2. Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Peru (FOB) - 2022
3. Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Peru
4. Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Peru

Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Peru (CIF) - 2022

In 2022, the average import price for lac; natural gums, resins, gum-resins and balsamses amounted to $6,025 per ton, surging by 17% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 20% against the previous year. The import price peaked at $6,608 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($18,759 per ton), while the price for Spain ($4,113 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Peru (FOB) - 2022

In 2022, the average export price for lac; natural gums, resins, gum-resins and balsamses amounted to $8,297 per ton, declining by -25.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 71% against the previous year. As a result, the export price attained the peak level of $11,825 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($24,621 per ton), while the average price for exports to Colombia ($4,352 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 Germany (+35.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Peru

In 2022, approx. 94 tons of lac; natural gums, resins, gum-resins and balsamses were imported into Peru; almost unchanged from the year before. Overall, imports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 2.4%.

In value terms, imports of lac; natural gums, resins, gum-resins and balsamses skyrocketed to $564K in 2022. In general, imports, however, saw a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year.

Top Suppliers of Lac; Natural Gums, Resins, Gum-Resins and Balsams to Peru in 2022:

1. France (50.9 tons)
2. United States (18.1 tons)
3. Sudan (10.4 tons)
4. Brazil (7.2 tons)
5. Germany (2.1 tons)
6. Spain (2.1 tons)
7. Italy (1.8 tons)

Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Peru

In 2022, overseas shipments of lac; natural gums, resins, gum-resins and balsamses were finally on the rise to reach 33 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a precipitous decline.

In value terms, exports of lac; natural gums, resins, gum-resins and balsamses rose notably to $273K in 2022. Over the period under review, exports, however, faced a sharp decline.

Top Export Markets for Lac; Natural Gums, Resins, Gum-Resins and Balsams from Peru in 2022:

1. India (25.7 tons)
2. United States (4.4 tons)
3. Czech Republic (1.5 tons)
4. Colombia (0.9 tons)
5. Chile (0.1 tons)

Source: IndexBox Market Intelligence Platform