Liqueurs and Cordials Price in Peru - 2021
Contents:
- Liqueurs and Cordials Price in Peru (CIF) - 2021
- Liqueurs and Cordials Price in Peru (FOB) - 2022
- Liqueurs and Cordials Imports in Peru
- Liqueurs and Cordials Exports in Peru
Liqueurs and Cordials Price in Peru (CIF) - 2021
The average liqueurs and cordials import price stood at $1.5 per litre in April 2020, shrinking by -60% against the previous month. Over the period under review, the import price showed a abrupt slump. The pace of growth was the most pronounced in March 2020 an increase of 97% against the previous month. As a result, import price reached the peak level of $3.7 per litre, and then contracted remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In April 2020, the country with the highest price was Italy ($8.5 per litre), while the price for Mexico ($1.3 per litre) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Italy (+37.4%), while the prices for the other major suppliers experienced a decline.
Liqueurs and Cordials Price in Peru (FOB) - 2022
The average liqueurs and cordials export price stood at $4.7 per litre in 2022, increasing by 4.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices attained the peak figure at $5.8 per litre in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($16 per litre), while the average price for exports to El Salvador ($1.5 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+18.2%), while the prices for the other major destinations experienced mixed trend patterns.
Liqueurs and Cordials Imports in Peru
In 2022, the amount of liqueurs and cordialses imported into Peru contracted notably to 1.4M litres, reducing by -32.7% compared with the year before. Overall, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 200%. As a result, imports attained the peak of 2M litres, and then reduced dramatically in the following year.
In value terms, liqueurs and cordials imports declined sharply to $7.5M in 2022. Over the period under review, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 241%. As a result, imports reached the peak of $12M, and then contracted remarkably in the following year.
| Import of Liqueurs and Cordials in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 779 | 1,347 | 5,885 | 3,334 | 62.4% |
| Germany | 1,070 | 363 | 1,641 | 945 | -4.1% |
| Ireland | 960 | 544 | 1,338 | 768 | -7.2% |
| United States | 255 | 210 | 524 | 569 | 30.7% |
| Italy | 721 | 255 | 586 | 497 | -11.7% |
| South Korea | 71.6 | 13.2 | 286 | 159 | 30.5% |
| Chile | 65.0 | 19.2 | 27.4 | 150 | 32.1% |
| Colombia | 269 | 129 | 164 | 122 | -23.2% |
| Venezuela | 170 | 77.6 | 194 | 110 | -13.5% |
| Others | 999 | 432 | 917 | 824 | -6.2% |
| Total | 5,360 | 3,390 | 11,564 | 7,477 | 11.7% |
Top Suppliers of Liqueurs and Cordials to Peru in 2022:
- Mexico (937.1K litres)
- Ireland (107.7K litres)
- Germany (104.9K litres)
- South Korea (33.6K litres)
- Italy (29.9K litres)
- Venezuela (25.0K litres)
- Chile (23.0K litres)
- Colombia (21.8K litres)
- United States (14.1K litres)
Liqueurs and Cordials Exports in Peru
In 2022, after two years of decline, there was significant growth in overseas shipments of liqueurs and cordialses, when their volume increased by 86% to 68K litres. In general, exports, however, showed a sharp curtailment. Over the period under review, the exports hit record highs at 134K litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, liqueurs and cordials exports surged to $315K in 2022. Over the period under review, exports, however, continue to indicate a dramatic downturn. Over the period under review, the exports hit record highs at $775K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Liqueurs and Cordials in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.4 | 15.1 | 52.8 | 107 | 95.1% |
| Singapore | 118 | 41.0 | 17.0 | 37.6 | -31.7% |
| Japan | 11.9 | 6.8 | 4.7 | 31.2 | 37.9% |
| Germany | 45.7 | 2.8 | 0.5 | 18.6 | -25.9% |
| United Kingdom | 45.3 | 16.3 | 8.0 | 18.0 | -26.5% |
| El Salvador | 36.8 | 14.0 | 6.3 | 15.3 | -25.4% |
| Belgium | 91.0 | 11.3 | 4.0 | 9.9 | -52.3% |
| Luxembourg | 20.9 | 6.4 | 1.2 | 9.7 | -22.6% |
| Panama | 119 | 9.5 | 0.5 | 3.2 | -70.0% |
| France | 20.5 | 4.2 | 0.6 | 2.6 | -49.8% |
| Chile | 78.4 | 77.8 | 1.4 | 2.6 | -67.9% |
| Netherlands | 9.3 | 2.6 | 1.1 | 2.2 | -38.2% |
| Denmark | N/A | 182 | 40.5 | N/A | -77.7% |
| Others | 164 | 79.1 | 23.5 | 57.7 | -29.4% |
| Total | 775 | 468 | 162 | 315 | -25.9% |
Top Export Markets for Liqueurs and Cordials from Peru in 2022:
- United States (27.8K litres)
- El Salvador (10.2K litres)
- Belgium (5.8K litres)
- Japan (5.0K litres)
- Germany (3.7K litres)
- Singapore (2.4K litres)
- Luxembourg (2.3K litres)
- Panama (1.7K litres)
- United Kingdom (1.5K litres)
- Chile (1.3K litres)
- Netherlands (1.0K litres)
- France (0.4K litres)
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