Peru - Soups And Broths - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoups Price in Peru - 2021
Contents:
- Soups Price in Peru (FOB) - 2021
- Soups Price in Peru (CIF) - 2021
- Soups Exports in Peru
- Soups Imports in Peru
Soups Price in Peru (FOB) - 2021
In April 2020, the average soups export price amounted to $2,575 per ton, rising by 22% against the previous month. Over the period from January 2020 to April 2020, it increased at an average monthly rate of +6.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In April 2020, the country with the highest price was Chile ($4,028 per ton), while the average price for exports to Bolivia stood at $2,127 per ton.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+10.6%), while the prices for the other major destinations experienced mixed trend patterns.
Soups Price in Peru (CIF) - 2021
In April 2020, the average soups import price amounted to $2,199 per ton, surging by 11% against the previous month. In general, the import price, however, recorded a deep setback. The pace of growth appeared the most rapid in February 2020 an increase of 26% month-to-month. As a result, import price reached the peak level of $3,447 per ton. From March 2020 to April 2020, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($3,084 per ton), while the price for China ($1,453 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 China (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Soups Exports in Peru
In 2022, the amount of soups and broths exported from Peru dropped rapidly to 3.8K tons, waning by -23.8% against 2021. Overall, exports, however, posted a strong increase. The growth pace was the most rapid in 2021 with an increase of 91% against the previous year. As a result, the exports attained the peak of 5K tons, and then declined sharply in the following year.
In value terms, soups exports fell sharply to $8M in 2022. Over the period under review, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. As a result, the exports reached the peak of $10M, and then reduced markedly in the following year.
| Export of Soups in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 1.5 | 2.0 | 3.7 | 2.8 | 23.1% |
| Chile | 1.0 | 1.1 | 2.5 | 1.9 | 23.9% |
| Colombia | 1.4 | 1.4 | 2.3 | 1.8 | 8.7% |
| Panama | 1.8 | 1.0 | 1.9 | 1.4 | -8.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 5.6 | 5.6 | 10.5 | 8.0 | 12.6% |
Top Export Markets for Soups from Peru in 2022:
- Bolivia (1234.6 tons)
- Colombia (1064.0 tons)
- Chile (828.4 tons)
- Panama (637.8 tons)
Soups Imports in Peru
In 2022, the amount of soups and broths imported into Peru rose modestly to 1.2K tons, surging by 5% on the previous year's figure. The total import volume increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 36% against the previous year. As a result, imports attained the peak of 1.2K tons; afterwards, it flattened through to 2022.
In value terms, soups imports contracted to $3.4M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.6% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 41% against the previous year.
| Import of Soups in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 252 | 391 | 842 | 735 | 42.9% |
| China | 313 | 264 | 685 | 598 | 24.1% |
| Chile | 415 | 470 | 674 | 588 | 12.3% |
| United States | 535 | 1,058 | 379 | 560 | 1.5% |
| Colombia | 281 | 260 | 232 | 220 | -7.8% |
| Turkey | 55.7 | 18.0 | 250 | 218 | 57.6% |
| Guatemala | 210 | 320 | 238 | 218 | 1.3% |
| Brazil | 36.0 | 210 | 116 | 103 | 42.0% |
| Others | 127 | 135 | 158 | 112 | -4.1% |
| Total | 2,225 | 3,127 | 3,573 | 3,350 | 14.6% |
Top Suppliers of Soups to Peru in 2022:
- United States (262.6 tons)
- China (253.0 tons)
- South Korea (177.7 tons)
- Chile (159.8 tons)
- Guatemala (96.8 tons)
- Colombia (81.4 tons)
- Turkey (59.8 tons)
- Brazil (47.5 tons)
This report provides an in-depth analysis of the soups 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 10891100 - Soups and broths and preparations therefor
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
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