Peru - Refined Olive Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Olive Oil Price in Peru - 2021
Contents:
- Refined Olive Oil Price in Peru (CIF) - 2021
- Refined Olive Oil Price in Peru (FOB) - 2022
- Refined Olive Oil Imports in Peru
- Refined Olive Oil Exports in Peru
Refined Olive Oil Price in Peru (CIF) - 2021
In April 2020, the average refined olive oil import price amounted to $2,461 per ton, rising by 2.1% against the previous month. In general, the import price, however, showed a pronounced curtailment. Over the period under review, average import prices attained the maximum at $2,679 per ton in January 2020; however, from February 2020 to April 2020, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2020, the country with the highest price was Italy ($3,772 per ton), while the price for Turkey ($2,407 per ton) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Italy (+18.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Refined Olive Oil Price in Peru (FOB) - 2022
The average refined olive oil export price stood at $2,460 per ton in 2022, increasing by 11% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 35%. Over the period under review, the average export prices reached the maximum at $4,514 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($15,000 per ton), while the average price for exports to Chile ($1,596 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 Spain (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.
Refined Olive Oil Imports in Peru
In 2022, supplies from abroad of refined olive oil was finally on the rise to reach 1.1K tons after two years of decline. Overall, imports, however, recorded a pronounced descent.
In value terms, refined olive oil imports contracted to $3.4M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, imports reached the peak of $3.7M, and then reduced in the following year.
Import of Refined Olive Oil in Peru (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 1,702 | 1,469 | 1,810 | 1,591 | -2.2% |
Turkey | 170 | 110 | 70.1 | 118 | -11.5% |
Tunisia | 47.1 | 48.0 | 46.0 | 51.8 | 3.2% |
Italy | 57.1 | 139 | 25.5 | 33.1 | -16.6% |
Others | 1,524 | 1,423 | 1,732 | 1,642 | 2.5% |
Total | 3,501 | 3,189 | 3,683 | 3,436 | -0.6% |
Top Suppliers of Refined Olive Oil to Peru in 2022:
- Spain (522.3 tons)
- Turkey (54.9 tons)
- Tunisia (17.2 tons)
- Italy (7.7 tons)
Refined Olive Oil Exports in Peru
In 2022, the amount of refined olive oil exported from Peru contracted rapidly to 21 tons, shrinking by -20.8% on the previous year. Over the period under review, exports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 72% against the previous year.
In value terms, refined olive oil exports contracted to $52K in 2022. Overall, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year.
Export of Refined Olive Oil in Peru (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 69.0 | 39.1 | 41.2 | 18.9 | -35.1% |
Chile | 86.7 | 0.7 | 12.1 | 5.1 | -61.1% |
United States | 1.0 | 1.1 | 2.1 | 0.9 | -3.5% |
Panama | 2.4 | 1.1 | 1.0 | 0.4 | -45.0% |
Others | 46.0 | 2.2 | 2.7 | 26.4 | -16.9% |
Total | 205 | 44.3 | 59.1 | 51.7 | -36.8% |
Top Export Markets for Refined Olive Oil from Peru in 2022:
- Ecuador (4.4 tons)
- Chile (3.2 tons)
- Panama (0.2 tons)
- United States (0.1 tons)
This report provides an in-depth analysis of the refined olive oil market 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 10415310 - Refined olive oil and its fractions (excluding chemically modified)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the refined olive oil market in Peru.
This report provides an in-depth analysis of the virgin olive oil market in Peru.
This report provides an in-depth analysis of the olive oil market in Peru.
This report provides an in-depth analysis of the global refined olive oil market.
This report provides an in-depth analysis of the global virgin olive oil market.
This report provides an in-depth analysis of the global olive oil market.
This report provides an in-depth analysis of the refined olive oil market in Peru.
This report provides an in-depth analysis of the virgin olive oil market in Peru.
This report provides an in-depth analysis of the olive oil market in Peru.
This report provides an in-depth analysis of the global refined olive oil market.
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