Price for Protein; Concentrates and Textured Protein Substances in Peru - 2022
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Peru (CIF) - 2022
- Price for Protein; Concentrates and Textured Protein Substances in Peru (FOB) - 2022
- Imports of Protein; Concentrates and Textured Protein Substances in Peru
- Exports of Protein; Concentrates and Textured Protein Substances in Peru
Price for Protein; Concentrates and Textured Protein Substances in Peru (CIF) - 2022
The average import price for protein; concentrates and textured protein substanceses stood at $1,467 per ton in 2022, rising by 14% against the previous year. Overall, the import price, however, continues to indicate a mild decrease. The growth pace was the most rapid in 2021 an increase of 22% against the previous year. Over the period under review, average import prices attained the maximum at $1,769 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($2,488 per ton), while the price for Argentina ($1,193 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Protein; Concentrates and Textured Protein Substances in Peru (FOB) - 2022
The average export price for protein; concentrates and textured protein substanceses stood at $9,357 per ton in 2022, approximately mirroring the previous year. Overall, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 an increase of 228%. The export price peaked at $10,088 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($11,689 per ton), while the average price for exports to Malaysia ($2,000 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 Chile (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Protein; Concentrates and Textured Protein Substances in Peru
For the fourth year in a row, Peru recorded growth in purchases abroad of protein; concentrates and textured protein substanceses, which increased by 6.5% to 17K tons in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 35%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of protein; concentrates and textured protein substanceses skyrocketed to $25M in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Protein; Concentrates and Textured Protein Substances in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.5 | 10.0 | 15.9 | 19.3 | 26.7% |
| Brazil | 0.5 | 1.2 | 1.9 | 2.4 | 68.7% |
| Argentina | 1.0 | 0.7 | 1.4 | 1.9 | 23.9% |
| Others | 0.2 | 0.5 | 1.2 | 1.3 | 86.6% |
| Total | 11.3 | 12.4 | 20.4 | 24.8 | 30.0% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Peru in 2022:
- United States (14.1K tons)
- Argentina (1.6K tons)
- Brazil (0.9K tons)
Exports of Protein; Concentrates and Textured Protein Substances in Peru
In 2022, approx. 119 tons of protein; concentrates and textured protein substanceses were exported from Peru; reducing by -38.3% on the previous year. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 288% against the previous year. As a result, the exports reached the peak of 192 tons, and then contracted notably in the following year.
In value terms, exports of protein; concentrates and textured protein substanceses plummeted to $1.1M in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 259% against the previous year. As a result, the exports attained the peak of $1.8M, and then fell sharply in the following year.
| Export of Protein; Concentrates and Textured Protein Substances in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 248 | 402 | 1,613 | 948 | 56.4% |
| Chile | 4.4 | 2.7 | 12.8 | 57.9 | 136.1% |
| Mexico | 16.0 | 18.0 | 14.4 | 42.7 | 38.7% |
| Italy | N/A | 9.2 | N/A | 17.8 | 39.1% |
| Canada | 66.4 | 34.9 | 50.4 | 11.0 | -45.1% |
| Panama | 29.8 | 4.3 | N/A | N/A | -85.6% |
| Others | 62.9 | 28.4 | 105 | 32.3 | -19.9% |
| Total | 427 | 500 | 1,796 | 1,110 | 37.5% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Peru in 2022:
- United States (99.4 tons)
- Chile (6.4 tons)
- Mexico (4.8 tons)
- Italy (3.4 tons)
- Canada (1.0 tons)
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