Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Bolivia - 2023
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Bolivia (CIF) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Bolivia (FOB) - 2022
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Bolivia
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Bolivia
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Bolivia (CIF) - 2022
In 2022, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $3,861 per ton, with an increase of 45% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,902 per ton), while the price for Guatemala ($1,702 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Bolivia (FOB) - 2022
In 2022, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $3,301 per ton, standing approx. at the previous year. Overall, the export price showed a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 46%. The export price peaked at $7,696 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($6,777 per ton), while the average price for exports to Spain ($2,383 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 Canada (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Bolivia
In 2022, after three years of growth, there was significant decline in overseas purchases of soups and broths and preparations therefor; homogenised composite food preparationses, when their volume decreased by -22.4% to 1.8K tons. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, imports reached the peak of 2.3K tons, and then declined remarkably in the following year.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses totaled $6.9M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 1,671 | 1,993 | 3,925 | 4,396 | 38.0% |
United States | 1,695 | 1,948 | 1,480 | 1,954 | 4.9% |
Chile | 26.1 | 61.6 | 212 | 217 | 102.6% |
South Korea | 118 | 41.7 | 130 | 156 | 9.8% |
Guatemala | 253 | 323 | 82.0 | 43.3 | -44.5% |
Argentina | 191 | 185 | 109 | 25.9 | -48.6% |
Others | 72.8 | 264 | 192 | 93.4 | 8.7% |
Total | 4,027 | 4,817 | 6,131 | 6,885 | 19.6% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Bolivia in 2022:
- Peru (1127.1 tons)
- United States (500.7 tons)
- Chile (55.7 tons)
- South Korea (39.9 tons)
- Guatemala (25.4 tons)
- Argentina (6.6 tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Bolivia
In 2022, after three years of growth, there was significant decline in shipments abroad of soups and broths and preparations therefor; homogenised composite food preparationses, when their volume decreased by -60.7% to 7 tons. In general, exports saw a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of 18 tons, and then reduced markedly in the following year.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses dropped rapidly to $23K in 2022. Over the period under review, exports faced a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 3.8%.
Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 11.6 | 27.0 | 22.4 | 17.9 | 15.6% |
Chile | 6.5 | 5.6 | 8.8 | 2.7 | -25.4% |
Spain | 11.7 | 16.1 | 10.8 | 2.4 | -41.0% |
New Zealand | 25.5 | 5.8 | N/A | N/A | -77.3% |
Germany | 10.5 | N/A | 2.7 | N/A | -49.3% |
Qatar | 11.6 | N/A | N/A | N/A | 0% |
Others | 7.7 | 2.1 | 14.1 | N/A | 35.3% |
Total | 85.2 | 56.6 | 58.8 | 23.0 | -35.4% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Bolivia in 2022:
- United States (5.6 tons)
- Spain (1.0 tons)
- Chile (0.4 tons)
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Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
Germany continued its dominance in the global trade of homogenized composite food preparations. In 2014, Germany exported X thousand tons of homogenized composite food preparations totaling X million USD, X% under the previous year. Its primary tra
Global demand for soups and broths is expected to continue rising over the next seven years. The market is forecasted to experience growth in both volume and value terms, reaching 9.7M tons and $34.9B respectively by 2030.