Peru: Fruit And Berry Market 2024

Fruit And Berry Market Size in Peru

In 2022, the Peruvian fruit and berry market decreased by X% to $X, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Fruit And Berry Production in Peru

In value terms, fruit and berry production rose modestly to $X in 2022 estimated in export price. Overall, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of fruits and berries in Peru contracted to X tons per ha, leveling off at 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X%. The fruit and berry yield peaked at X tons per ha in 2021, and then dropped slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The fruit and berry harvested area in Peru shrank modestly to X ha in 2022, with a decrease of X% against the previous year. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the harvested area dedicated to fruit and berry production reached the peak figure at X ha in 2021, and then fell modestly in the following year.

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Fruit And Berry Exports

Exports from Peru

In 2022, the amount of fruits and berries exported from Peru expanded to X tons, rising by X% against the year before. Over the period under review, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, fruit and berry exports stood at $X in 2022. Overall, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons), the Netherlands (X tons) and Spain (X tons) were the main destinations of fruit and berry exports from Peru, with a combined X% share of total exports. The UK, Chile, China, Hong Kong SAR, Canada, Panama, Mexico, South Korea, Russia and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fruit and berry exported from Peru were the United States ($X), the Netherlands ($X) and China ($X), with a combined X% share of total exports. The UK, Spain, Hong Kong SAR, Canada, Mexico, Chile, South Korea, Russia, Panama and Germany lagged somewhat behind, together comprising a further X%.

Mexico, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average fruit and berry export price amounted to $X per ton, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Panama ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit And Berry Imports

Imports into Peru

For the third year in a row, Peru recorded decline in supplies from abroad of fruits and berries, which decreased by X% to X tons in 2022. In general, imports recorded a relatively flat trend pattern. 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 tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, fruit and berry imports dropped slightly to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Chile (X tons) constituted the largest supplier of fruit and berry to Peru, accounting for a X% share of total imports. Moreover, fruit and berry imports from Chile exceeded the figures recorded by the second-largest supplier, Argentina (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Chile totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and the United States (X% per year).

In value terms, Chile ($X) constituted the largest supplier of fruits and berries to Peru, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and the United States (X% per year).

Import Prices by Country

The average fruit and berry import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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