Peru: Market for Starch other than Wheat, Corn or Potato 2022

Market Size for Starch other than Wheat, Corn or Potato in Peru

In 2021, the Peruvian market for starch other than wheat, corn or potato increased by X% to $X, rising for the fifth year in a row after two years of decline. In general, the total consumption indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2016 indices. Consumption of peaked in 2021 and is expected to retain growth in years to come.

Production of Starch other than Wheat, Corn or Potato in Peru

In value terms, production of starch other than wheat, corn or potato dropped slightly to $X in 2021 estimated in export price. Overall, the total production indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production of reached the maximum level at $X in 2020, and then dropped in the following year.

Exports of Starch other than Wheat, Corn or Potato

Exports from Peru

In 2021, exports of starch other than wheat, corn or potato from Peru soared to X tons, jumping by X% against 2020. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, exports of starch other than wheat, corn or potato skyrocketed to $X in 2021. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons), Spain (X tons) and Chile (X kg) were the main destinations of exports of starch other than wheat, corn or potato from Peru.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Spain ($X) and Chile ($X) were the largest markets for starch other than wheat, corn or potato exported from Peru worldwide.

In terms of the main countries of destination, Chile, with a CAGR of +X%, 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 export price for starch other than wheat, corn or potato amounted to $X per ton, leveling off at the previous year. In general, the export price, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($X per ton), while the average price for exports to Chile ($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 Chile (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Starch other than Wheat, Corn or Potato

Imports into Peru

In 2021, approx. X tons of starch other than wheat, corn or potato were imported into Peru; picking up by X% against the year before. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, imports of starch other than wheat, corn or potato soared to $X in 2021. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. Over the period under review, imports of attained the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Thailand (X tons) constituted the largest starch other than wheat, corn or potato supplier to Peru, accounting for a X% share of total imports. Moreover, imports of starch other than wheat, corn or potato from Thailand exceeded the figures recorded by the second-largest supplier, Nicaragua (X tons), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand amounted to +X%.

In value terms, Thailand ($X) constituted the largest supplier of starch other than wheat, corn or potato to Peru, comprising X% of total imports. The second position in the ranking was held by Nicaragua ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Thailand totaled +X%.

Import Prices by Country

In 2021, the average import price for starch other than wheat, corn or potato amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, recorded a pronounced curtailment. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Nicaragua ($X per ton), while the price for Thailand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nicaragua (+X%).

Source: IndexBox Platform

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