Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Peru - 2022

Contents:

1. Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Peru (CIF) - 2022
2. Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Peru (FOB) - 2022
3. Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Peru
4. Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Peru

Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Peru (CIF) - 2022

The average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $2,513 per ton in 2022, rising by 15% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $2,754 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($2,768 per ton) and Argentina ($2,746 per ton), while the price for China ($2,027 per ton) and Guatemala ($2,403 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Peru (FOB) - 2022

In 2022, the average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $3,383 per ton, with an increase of 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The growth pace was the most rapid in 2021 an increase of 19%. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,828 per ton), while the average price for exports to Saudi Arabia ($1,878 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 Ecuador (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Peru

In 2022, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa into Peru soared to 24K tons, jumping by 24% on the year before. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.9% 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 +88.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa surged to $61M in 2022. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa to Peru in 2022:

1. Colombia (11.5K tons)
2. China (4.2K tons)
3. Mexico (2.9K tons)
4. Brazil (2.4K tons)
5. Guatemala (1.5K tons)
6. Argentina (0.8K tons)
7. United States (0.3K tons)

Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Peru

Exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa from Peru skyrocketed to 2.8K tons in 2022, with an increase of 24% on the previous year's figure. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 50% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa surged to $9.5M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 79%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Top Export Markets for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa from Peru in 2022:

1. Chile (1610.5 tons)
2. Bolivia (323.9 tons)
3. Ecuador (284.0 tons)
4. United States (203.9 tons)
5. Canada (147.1 tons)
6. Saudi Arabia (121.7 tons)

Source: IndexBox Market Intelligence Platform