Peru - Cereal Pellets (Excluding Wheat) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPeru: Non-Wheat Cereal Pellets Market 2024
Non-Wheat Cereal Pellets Market Size in Peru
The Peruvian non-wheat cereal pellets market reached $X in 2021, growing by 3.9% against the previous year. In general, consumption, however, recorded a prominent increase. Non-wheat cereal pellets consumption peaked in 2021 and is likely to see gradual growth in years to come.
Non-Wheat Cereal Pellets Production in Peru
In value terms, non-wheat cereal pellets production rose slightly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a resilient expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by 62% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.
Non-Wheat Cereal Pellets Exports
Exports from Peru
In 2021, after two years of decline, there was significant growth in overseas shipments of cereal pellets (excluding wheat), when their volume increased by 740% to X kg. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 1,725%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.
In value terms, non-wheat cereal pellets exports surged to $X in 2021. Over the period under review, exports saw a strong increase. The growth pace was the most rapid in 2013 with an increase of 2,469% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Canada (X kg) was the main destination for non-wheat cereal pellets exports from Peru, with a 87% share of total exports. Moreover, non-wheat cereal pellets exports to Canada exceeded the volume sent to the second major destination, Ecuador (X kg), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume to Canada stood at +23.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (+7.4% per year) and the Netherlands (0.0% per year).
In value terms, the largest markets for non-wheat cereal pellets exported from Peru were Ecuador ($X), Canada ($X) and the Netherlands ($X), with a combined 98% share of total exports.
In terms of the main countries of destination, Canada, with a CAGR of +20.9%, saw the highest rates of growth with regard to 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 2021, the average non-wheat cereal pellets export price amounted to $X per ton, waning by -78.1% against the previous year. In general, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when the average export price increased by 137% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell dramatically in the following year.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+2.0%), while the prices for the other major destinations experienced a decline.
Non-Wheat Cereal Pellets Imports
Imports into Peru
In 2021, approx. X tons of cereal pellets (excluding wheat) were imported into Peru; with an increase of 83% against the previous year. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2014 when imports increased by 183%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.
In value terms, non-wheat cereal pellets imports skyrocketed to $X in 2021. Overall, imports showed a resilient increase. The pace of growth appeared the most rapid in 2014 when imports increased by 183% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.
Imports by Country
In 2021, Mexico (X tons) was the main supplier of non-wheat cereal pellets to Peru, accounting for a approx. 100% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from Mexico totaled +23.4%.
In value terms, Mexico ($X) constituted the largest supplier of cereal pellets (excluding wheat) to Peru.
From 2012 to 2021, the average annual growth rate of value from Mexico amounted to +20.0%.
Import Prices by Country
The average non-wheat cereal pellets import price stood at $X per ton in 2021, reducing by -15.3% against the previous year. In general, the import price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2013 an increase of 3%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Mexico.
From 2012 to 2021, the rate of growth in terms of prices for Mexico amounted to -2.8% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the non-wheat cereal pellets market 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:
- Prodcom 10613250 - Pellets of oats, maize, rice, rye, barley and other cereals (excluding wheat)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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