Peru: Frozen Boiled Potatoes Market 2022

Frozen Boiled Potatoes Market Size in Peru

In 2020, the Peruvian frozen boiled potatoes market increased by X% to $X, rising for the fifth year in a row after two years of decline. Overall, the total consumption indicated a notable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level in 2020 and is likely to see gradual growth in the near future.

Frozen Boiled Potatoes Production in Peru

In value terms, frozen boiled potatoes production expanded to $X in 2020 estimated in export prices. In general, the total production indicated a resilient increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level in 2020 and is expected to retain growth in the near future.

Frozen Boiled Potatoes Exports

Exports from Peru

In 2020, overseas shipments of frozen boiled potatoes increased by X% to X tons, rising for the second year in a row after two years of decline. In general, total exports indicated a remarkable increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Exports peaked in 2020 and are likely to continue growth in the immediate term.

In value terms, frozen boiled potatoes exports surged to $X in 2020. Over the period under review, exports posted a resilient increase. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the near future.

Exports by Country

The U.S. (X tons) was the main destination for frozen boiled potatoes exports from Peru, with a X% share of total exports. Moreover, frozen boiled potatoes exports to the U.S. exceeded the volume sent to the second major destination, Chile (X tons), tenfold. Spain (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+X% per year) and Spain (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for frozen boiled potatoes exports from Peru, comprising X% of total exports. The second position in the ranking was occupied by Chile ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+X% per year) and Spain (+X% per year).

Export Prices by Country

The average frozen boiled potatoes export price stood at $X per ton in 2020, dropping by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. The export price peaked at $X per ton in 2019, and then reduced in the following year.

Average prices varied somewhat for the major foreign markets. In 2020, the countries with the highest prices were Canada ($X per ton) and Japan ($X per ton), while the average price for exports to Spain ($X per ton) and Chile ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Boiled Potatoes Imports

Imports into Peru

In 2020, purchases abroad of frozen boiled potatoes decreased by -X% to X kg for the first time since 2016, thus ending a three-year rising trend. Overall, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. As a result, imports attained the peak of X tons. from 2010 to 2020, the growth imports failed to regain the momentum.

In value terms, frozen boiled potatoes imports fell notably to $X in 2020. In general, imports saw a sharp reduction. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. As a result, imports reached the peak of $X. from 2010 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X kg) was the main supplier of frozen boiled potatoes to Peru, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. stood at -X%.

In value terms, the U.S. ($X) constituted the largest supplier of frozen boiled potatoes to Peru.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. stood at -X%.

Import Prices by Country

The average frozen boiled potatoes import price stood at $X per ton in 2020, increasing by X% against the previous year. In general, the import price enjoyed a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the U.S..

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Source: IndexBox Platform

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