Report Update Nov 1, 2024

Peru - Butter and Dairy Spreads - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Peru: Market for Butter And Dairy Spreads 2024

Market Size for Butter And Dairy Spreads in Peru

The Peruvian butter and dairy spreads market contracted to $X in 2022, which is down by -6.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt contraction. Butter and dairy spreads consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Exports of Butter And Dairy Spreads

Exports from Peru

After eight years of growth, overseas shipments of butter and dairy spreads decreased by -5.4% to X tons in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 376%. The exports peaked at X tons in 2021, and then dropped in the following year.

In value terms, butter and dairy spreads exports reached $X in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 404% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Free Zones (X tons), Chile (X tons) and Italy (X tons) were the main destinations of butter and dairy spreads exports from Peru, together comprising 98% of total exports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +96.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Free Zones ($X) and Italy ($X) appeared to be the largest markets for butter and dairy spreads exported from Peru worldwide, together comprising 87% of total exports.

In terms of the main countries of destination, Italy, with a CAGR of +92.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average butter and dairy spreads export price amounted to $X per ton, with an increase of 6.4% against the previous year. Overall, the export price showed buoyant growth. The growth pace was the most rapid in 2014 an increase of 140%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Free Zones ($X 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 Italy (+30.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Butter And Dairy Spreads

Imports into Peru

In 2022, imports of butter and dairy spreads into Peru declined to X tons, with a decrease of -6.4% compared with the previous year's figure. Over the period under review, imports recorded a drastic downturn. The growth pace was the most rapid in 2018 when imports increased by 26% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, butter and dairy spreads imports declined to $X in 2022. In general, imports showed a deep reduction. The pace of growth appeared the most rapid in 2018 when imports increased by 23% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Uruguay (X tons), Malaysia (X tons) and Bolivia (X tons) were the main suppliers of butter and dairy spreads imports to Peru, together accounting for 61% of total imports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +37.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Uruguay ($X), Bolivia ($X) and the United States ($X) appeared to be the largest butter and dairy spreads suppliers to Peru, with a combined 69% share of total imports. Venezuela, Argentina, India, Malaysia, New Zealand, Chile, France and the UK lagged somewhat behind, together accounting for a further 30%.

In terms of the main suppliers, India, with a CAGR of +16.6%, saw the highest growth rate of 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 butter and dairy spreads import price stood at $X per ton in 2022, stabilizing at the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 37% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for butter and dairy spreads in the world?

The countries with the highest volumes of butter and dairy spreads consumption in 2020 were India, the United States and Pakistan, together comprising 34% of global consumption. Germany, France, Russia, Turkey, New Zealand, Iran, the UK, China, Canada and Egypt lagged somewhat behind, together accounting for a further 37%.

What are the largest producers of butter and dairy spreads in the world?

The countries with the highest volumes of butter and dairy spreads production in 2020 were India, the United States and Pakistan, together comprising 34% of global production. New Zealand, Germany, France, Ireland, Turkey, Russia, Iran, Poland, the UK and the Netherlands lagged somewhat behind, together accounting for a further 38%.

What are the leading suppliers of butter and dairy spreads to Peru?

In value terms, the largest butter and dairy spreads suppliers to Peru were Bolivia, Uruguay and Argentina, with a combined 66% share of total imports.

What are the leading importers of butter and dairy spreads from Peru?

In value terms, Italy remains the key foreign market for butter and dairy spreads exports from Peru, comprising 69% of total exports. The second position in the ranking was occupied by Chile, with a 31% share of total exports.

What is the average export price for butter and dairy spreads in Peru?

The average butter and dairy spreads export price stood at $5,005 per ton in 2020, picking up by 152% against the previous year.

What is the average import price for butter and dairy spreads in Peru?

The average butter and dairy spreads import price stood at $4,919 per ton in 2020, approximately reflecting the previous year.

This report provides an in-depth analysis of the market for butter and dairy spreads 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 2030.

Product coverage:

FCL 983 - Butter and Ghee of Sheep Milk
FCL 1022 - Butter of Goat Milk
FCL 952 - Butter of Buffalo Milk
FCL 886 - Butter of Cow Milk

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023