Price for Pectic Substances; Pectinates and Pectates in Peru - 2021

Contents:

  1. Price for Pectic Substances; Pectinates and Pectates in Peru (CIF) - 2021
  2. Price for Pectic Substances; Pectinates and Pectates in Peru (FOB) - 2022
  3. Imports of Pectic Substances; Pectinates and Pectates in Peru
  4. Exports of Pectic Substances; Pectinates and Pectates in Peru

Price for Pectic Substances; Pectinates and Pectates in Peru (CIF) - 2021

In April 2020, the average import price for pectic substances; pectinates and pectateses amounted to $13,695 per ton, picking up by 18% against the previous month. Overall, the import price, however, recorded a abrupt decline. Over the period under review, average import prices attained the maximum at $16,016 per ton in January 2020; however, from February 2020 to April 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In April 2020, the highest price was recorded for prices from Denmark ($14,055 per ton) and Italy ($13,954 per ton), while the price for China ($10,000 per ton) and Mexico ($13,901 per ton) were amongst the lowest.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Denmark (+0.0%), while the prices for the other major suppliers experienced a decline.

Price for Pectic Substances; Pectinates and Pectates in Peru (FOB) - 2022

The average export price for pectic substances; pectinates and pectateses stood at $13,181 per ton in 2022, reducing by -2% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 14% against the previous year. The export price peaked at $15,599 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Free Zones.

From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to +0.8% per year.

Imports of Pectic Substances; Pectinates and Pectates in Peru

In 2022, the amount of pectic substances; pectinates and pectateses imported into Peru reduced modestly to 280 tons, shrinking by -4.1% against the year before. In general, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by 9% against the previous year.

In value terms, pectic substances; pectinates and pectates imports declined to $3.6M in 2022. Overall, imports saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 13%.

Import of Pectic Substances; Pectinates and Pectates in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico1,9782,1222,8962,3816.4%
China8341,005385600-10.4%
Brazil7895.367.1232-33.5%
Spain20.038.3222182108.8%
Italy169173165137-6.8%
Denmark11454.611392.6-6.7%
Others18.510.98.57.5-26.0%
Total3,9223,4103,8553,633-2.5%

Top Suppliers of Pectic Substances; Pectinates and Pectates to Peru in 2022:

  1. Mexico (169.2 tons)
  2. China (58.0 tons)
  3. Brazil (19.7 tons)
  4. Spain (16.0 tons)
  5. Italy (9.4 tons)
  6. Denmark (7.6 tons)

Exports of Pectic Substances; Pectinates and Pectates in Peru

After two years of decline, shipments abroad of pectic substances; pectinates and pectateses increased by 3.8% to 4.2 tons in 2022. Over the period under review, exports, however, faced a precipitous decrease.

In value terms, pectic substances; pectinates and pectates exports expanded modestly to $55K in 2022. Overall, exports, however, saw a sharp decline.

Export of Pectic Substances; Pectinates and Pectates in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones98230.053.854.8-61.8%
EcuadorN/A25.7N/AN/A0%
OthersN/AN/AN/AN/A0%
Total98255.753.854.8-61.8%

Top Export Markets for Pectic Substances; Pectinates and Pectates from Peru in 2022:

  1. Free Zones (4.2 tons)

Source: IndexBox Market Intelligence Platform

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