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Peru - Potato Chips - Market Analysis, Forecast, Size, Trends And Insights
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Peru: Potato Chips Market Overview 2021

Potato Chips Market Size in Peru

In 2020, the Peruvian potato chips market decreased by -X% to $X for the first time since 2014, thus ending a five-year rising trend. In general, the total consumption indicated moderate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2019, and then declined significantly in the following year.

Potato Chips Production in Peru

In value terms, potato chips production declined dramatically to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% against the previous year. Potato chips production peaked at $X in 2019, and then declined significantly in the following year.

Potato Chips Exports

Exports from Peru

In 2020, approx. X tonnes of potato chips were exported from Peru; jumping by X% on the previous year's figure. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2009 when exports increased by X% against the previous year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, potato chips exports reduced to $X in 2020. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2019, and then fell in the following year.

Exports by Country

Bolivia (X tonnes) was the main destination for potato chips exports from Peru, accounting for a X% share of total exports. Moreover, potato chips exports to Bolivia exceeded the volume sent to the second major destination, the U.S. (X tonnes), eightfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Bolivia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and France (+X% per year).

In value terms, Bolivia ($X) remains the key foreign market for potato chips exports from Peru, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Bolivia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and France (+X% per year).

Export Prices by Country

The average potato chips export price stood at $X per tonne in 2020, falling by -X% against the previous year. In general, the export price, however, posted a strong increase. The growth pace was the most rapid in 2010 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was France ($X per tonne), while the average price for exports to Bolivia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Potato Chips Imports

Imports into Peru

After two years of decline, supplies from abroad of potato chips increased by X% to X tonnes in 2020. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, potato chips imports amounted to $X in 2020. Over the period under review, imports, however, continue to indicate moderate growth. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the immediate term.

Imports by Country

China (X tonnes), Panama (X tonnes) and Canada (X tonnes) were the main suppliers of potato chips imports to Peru, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest potato chips suppliers to Peru were Panama ($X), China ($X) and Chile ($X), together accounting for X% of total imports.

Among the main suppliers, China (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average potato chips import price stood at $X per tonne in 2020, falling by -X% against the previous year. In general, import price indicated measured growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2019, and then contracted sharply in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Chile ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for potato chips in the world?
+
The countries with the highest volumes of potato chips consumption in 2020 were the U.S. (2.7M tonnes), China (2.3M tonnes) and India (910K tonnes), together comprising 37% of global consumption. These countries were followed by Japan, Germany, Brazil, Pakistan, Indonesia, Bangladesh, Mexico, Italy, Ethiopia and Nigeria, which together accounted for a further 23%.
What are the largest producers of potato chips in the world?
+
The countries with the highest volumes of potato chips production in 2020 were the U.S. (2.7M tonnes), China (2.3M tonnes) and India (911K tonnes), with a combined 37% share of global production. These countries were followed by Japan, Brazil, Pakistan, Germany, the Netherlands, Indonesia, Bangladesh, Mexico, Ethiopia and Italy, which together accounted for a further 24%.
What are the leading suppliers of potato chips to Peru?
+
In value terms, the largest potato chips suppliers to Peru were Panama ($272K), China ($187K) and Chile ($89K), together comprising 76% of total imports.
What are the leading importers of potato chips from Peru?
+
In value terms, Bolivia ($1.9M) remains the key foreign market for potato chips exports from Peru, comprising 67% of total exports. The second position in the ranking was occupied by the U.S. ($533K), with a 19% share of total exports.
What is the average export price for potato chips in Peru?
+
In 2020, the average potato chips export price amounted to $3,606 per tonne, shrinking by -35.9% against the previous year.
What is the average import price for potato chips in Peru?
+
The average potato chips import price stood at $4,768 per tonne in 2020, shrinking by -19.5% against the previous year.

Product coverage:
• Prodcom 10311460 - Potatoes prepared or preserved, including crisps (excluding frozen, dried, by vinegar or acetic acid, in the form of flour, m eal or flakes)

This report provides an in-depth analysis of the potato chips 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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