Ester Gums Price in Peru - 2021
Contents:
- Ester Gums Price in Peru (CIF) - 2022
- Ester Gums Price in Peru (FOB) - 2022
- Ester Gums Imports in Peru
- Ester Gums Exports in Peru
Ester Gums Price in Peru (CIF) - 2022
The average ester gums import price stood at $3,288 per ton in 2022, which is down by -4.4% against the previous year. Over the period under review, the import price showed a pronounced descent. The growth pace was the most rapid in 2021 an increase of 11% against the previous year. Over the period under review, average import prices hit record highs at $4,077 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($4,946 per ton), while the price for the United States ($1,765 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Ester Gums Price in Peru (FOB) - 2022
The average ester gums export price stood at $6,867 per ton in 2022, waning by -4.8% against the previous year. In general, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ester gums export price increased by +99.0% against 2013 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 9.7% against the previous year. As a result, the export price reached the peak level of $7,214 per ton, and then fell modestly in the following year.
As there is only one major export destination, the average price level is determined by prices for Venezuela.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +5.9% per year.
Ester Gums Imports in Peru
In 2022, supplies from abroad of ester gumses decreased by -10.8% to 78 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 28%. As a result, imports attained the peak of 87 tons, and then shrank in the following year.
In value terms, ester gums imports declined to $257K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.0% 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 +29.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. As a result, imports attained the peak of $301K, and then declined in the following year.
| Import of Ester Gums in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 120 | 74.6 | 116 | 135 | 4.0% |
| United States | 64.3 | 95.4 | 98.0 | 46.6 | -10.2% |
| France | 2.8 | 5.8 | 22.5 | 26.2 | 110.7% |
| Argentina | N/A | 35.5 | 28.2 | N/A | -20.6% |
| China | 10.4 | N/A | N/A | N/A | 0% |
| Others | 0.9 | 0.9 | 36.4 | 49.2 | 279.5% |
| Total | 198 | 212 | 301 | 257 | 9.1% |
Top Suppliers of Ester Gums to Peru in 2022:
- Mexico (27.2 tons)
- United States (26.4 tons)
- France (9.3 tons)
Ester Gums Exports in Peru
In 2022, overseas shipments of ester gumses increased by 10% to 13 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt curtailment.
In value terms, ester gums exports amounted to $86K in 2022. Overall, exports, however, recorded a pronounced contraction.
| Export of Ester Gums in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 98.9 | 90.2 | 82.2 | 86.2 | -4.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 98.9 | 90.2 | 82.2 | 86.2 | -4.5% |
Top Export Markets for Ester Gums from Peru in 2022:
- Venezuela (12.6 tons)
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