Peru: Blueberry And Cranberry Market Overview 2021

Blueberry And Cranberry Market Size in Peru

The Peruvian blueberry and cranberry market skyrocketed to $X in 2019, jumping by X% against the previous year. In general, consumption saw significant growth. The most prominent rate of growth was recorded in 2017 when the market value increased by X% y-o-y. Blueberry and cranberry consumption peaked in 2019 and is expected to retain growth in the immediate term.

Blueberry And Cranberry Production in Peru

In value terms, blueberry and cranberry production surged to $X in 2019 estimated in export prices. Overall, production showed a significant expansion. The growth pace was the most rapid in 2015 when the production volume increased by X% year-to-year. Over the period under review, production reached the peak level in 2019 and is expected to retain growth in the immediate term.

In 2019, the average blueberry and cranberry yield in Peru reduced slightly to X tonnes per ha, almost unchanged from the previous year. Overall, the yield recorded a perceptible reduction. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, the average blueberry and cranberry yield hit record highs at X tonnes per ha in 2007; however, from 2008 to 2019, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of blueberries and cranberries were harvested in Peru; growing by X% against the year before. In general, the harvested area showed a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. The blueberry and cranberry harvested area peaked in 2019 and is likely to continue growth in years to come.

Blueberry And Cranberry Exports

Exports from Peru

For the thirteenth year in a row, Peru recorded growth in shipments abroad of blueberries and cranberries, which increased by X% to X tonnes in 2019. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2015 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum in 2019 and are likely to see gradual growth in the immediate term.

In value terms, blueberry and cranberry exports skyrocketed to $X in 2019. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Exports peaked in 2019 and are likely to see steady growth in years to come.

Exports by Country

The U.S. (X tonnes), the Netherlands (X tonnes) and China (X tonnes) were the main destinations of blueberry and cranberry exports from Peru, together accounting for X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for blueberry and cranberry exported from Peru were the U.S. ($X), the Netherlands ($X) and China ($X), with a combined X% share of total exports.

The Netherlands (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average blueberry and cranberry export price stood at $X per tonne in 2019, almost unchanged from the previous year. Overall, the export price, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2019, the highest prices were recorded for prices to the U.S. ($X per tonne) and China ($X per tonne), while the average price for exports to Hong Kong SAR ($X per tonne) and the Netherlands ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced mixed trend patterns.

Blueberry And Cranberry Imports

Imports into Peru

In 2019, purchases abroad of blueberries and cranberries decreased by -X% to X kg, falling for the second consecutive year after two years of growth. In general, imports recorded a dramatic slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. From 2018 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, blueberry and cranberry imports dropped markedly to $X in 2019. Overall, imports continue to indicate a dramatic setback. The growth pace was the most rapid in 2017 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. From 2018 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, the U.S. (X kg) was the main supplier of blueberry and cranberry to Peru, with a X% share of total imports. It was followed by Chile (X kg), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from the U.S. totaled -X%.

In value terms, the U.S. ($X) constituted the largest supplier of blueberry and cranberry to Peru, comprising X% of total imports. The second position in the ranking was occupied by Chile ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from the U.S. totaled -X%.

Import Prices by Country

The average blueberry and cranberry import price stood at $X per tonne in 2019, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the U.S. ($X per tonne), while the price for Chile stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for blueberries and cranberries in the world?

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The country with the largest volume of blueberry and cranberry consumption was the U.S. (852K tonnes), accounting for 54% of total volume. Moreover, blueberry and cranberry consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (351K tonnes), twofold. The third position in this ranking was occupied by Germany (63K tonnes), with a 4% share.

What are the largest producers of blueberries and cranberries in the world?

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The countries with the highest volumes of blueberry and cranberry production in 2019 were the U.S. (668K tonnes), Canada (349K tonnes) and Chile (153K tonnes), together accounting for 74% of global production. These countries were followed by Peru, Spain, Mexico and Poland, which together accounted for a further 16%.

What are the leading suppliers of blueberries and cranberries to Peru?

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In value terms, the U.S. ($50) constituted the largest supplier of blueberry and cranberry to Peru, comprising 100% of total imports. The second position in the ranking was occupied by Chile ($0.1), with a 0.2% share of total imports.

What are the leading importers of blueberries and cranberries from Peru?

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In value terms, the largest markets for blueberry and cranberry exported from Peru were the U.S. ($384M), the Netherlands ($207M) and China ($80M), together comprising 84% of total exports.

What is the average export price for blueberries and cranberries in Peru?

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The average blueberry and cranberry export price stood at $8,755 per tonne in 2019, therefore, remained relatively stable against the previous year.

What is the average import price for blueberries and cranberries in Peru?

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In 2019, the average blueberry and cranberry import price amounted to $5,126 per tonne, remaining constant against the previous year.