Peru - Olive Oil (Virgin) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVirgin Olive Oil Price in Peru - 2021
Contents:
- Virgin Olive Oil Price in Peru (FOB) - 2021
- Virgin Olive Oil Price in Peru (CIF) - 2021
- Virgin Olive Oil Exports in Peru
- Virgin Olive Oil Imports in Peru
Virgin Olive Oil Price in Peru (FOB) - 2021
In April 2020, the average virgin olive oil export price amounted to $1,870 per ton, growing by 7.3% against the previous month. Over the period from January 2020 to April 2020, it increased at an average monthly rate of +4.2%. The most prominent rate of growth was recorded in March 2020 an increase of 20% m-o-m. The export price peaked in April 2020.
There were significant differences in the average prices for the major overseas markets. In April 2020, the country with the highest price was Spain ($1,872 per ton), while the average price for exports to Chile stood at $600 per ton.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Virgin Olive Oil Price in Peru (CIF) - 2021
In April 2020, the average virgin olive oil import price amounted to $4,243 per ton, which is down by -14.7% against the previous month. Overall, the import price recorded a slight decline. The pace of growth was the most pronounced in March 2020 an increase of 55% month-to-month. As a result, import price reached the peak level of $4,976 per ton, and then fell in the following month.
Average prices varied somewhat amongst the major supplying countries. In April 2020, the country with the highest price was Italy ($5,113 per ton), while the price for Spain totaled $3,882 per ton.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Italy (-2.0%).
Virgin Olive Oil Exports in Peru
In 2022, shipments abroad of virgin olive oil increased by 34% to 2.1K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a deep slump.
In value terms, virgin olive oil exports soared to $5.7M in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage.
| Export of Virgin Olive Oil in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.0 | 4.6 | 1.3 | 3.3 | -18.1% |
| Australia | 1.1 | 0.8 | 1.0 | 1.1 | 0.0% |
| Free Zones | 0.1 | 0.7 | 0.4 | 0.4 | 58.7% |
| United States | 0.3 | N/A | 0.3 | 0.3 | 0.0% |
| Ecuador | 0.4 | 0.4 | 0.2 | 0.3 | -9.1% |
| Chile | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Italy | 1.8 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.4 | 0.9 | N/A | 125.0% |
| Total | 10.0 | 7.1 | 4.3 | 5.7 | -17.1% |
Top Export Markets for Virgin Olive Oil from Peru in 2022:
- Spain (1319.3 tons)
- Free Zones (305.3 tons)
- Australia (250.6 tons)
- Chile (112.1 tons)
- Ecuador (76.2 tons)
- United States (66.9 tons)
Virgin Olive Oil Imports in Peru
Virgin olive oil imports into Peru rose significantly to 779 tons in 2022, surging by 7.7% compared with the previous year's figure. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 117%. As a result, imports reached the peak of 835 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, virgin olive oil imports totaled $3.8M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.7% 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 decreased by -0.3% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 85%. As a result, imports attained the peak of $3.8M; afterwards, it flattened through to 2022.
| Import of Virgin Olive Oil in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.4 | 3.1 | 3.2 | 3.2 | 31.7% |
| Italy | 0.5 | 0.6 | 0.5 | 0.5 | 0.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 2.1 | 3.8 | 3.8 | 3.8 | 21.9% |
Top Suppliers of Virgin Olive Oil to Peru in 2022:
- Spain (661.2 tons)
- Italy (107.9 tons)
This report provides an in-depth analysis of the virgin 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:
- FCL 261 - Oil of Olives, Virgin
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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This report provides an in-depth analysis of the virgin olive oil market in Peru.
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This report provides an in-depth analysis of the olive oil market in Peru.
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This report provides an in-depth analysis of the virgin olive oil market in Peru.
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This report provides an in-depth analysis of the olive oil market in Peru.
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This report provides an in-depth analysis of the refined olive oil market in Peru.
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This report provides an in-depth analysis of the global virgin olive oil market.
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Discover the top import markets for virgin olive oil and their importance in the global market. Italy, the United States, Spain, France, and Brazil lead the way, driven by culinary culture and health-conscious consumers.
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The global virgin olive oil market revenue amounted to $15.2B in 2018, picking up by 1.7% against the previous year. This ...
3380
In 2017, approx. X tons of virgin olive oil was consumed worldwide, a decline of -X% against the previous year.
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Global virgin olive oil consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
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Discover the top import markets for virgin olive oil and their importance in the global market. Italy, the United States, Spain, France, and Brazil lead the way, driven by culinary culture and health-conscious consumers.
718
The global virgin olive oil market revenue amounted to $15.2B in 2018, picking up by 1.7% against the previous year. This ...
3380
In 2017, approx. X tons of virgin olive oil was consumed worldwide, a decline of -X% against the previous year.
