Peru: Fruit Market 2024

Fruit Market Size in Peru

The Peruvian fruit market rose slightly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Fruit consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Fruit Production in Peru

In value terms, fruit production rose to $X in 2022 estimated in export price. In general, 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 was the most pronounced in 2014 with an increase of X% against the previous year. Fruit production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The average yield of fruits in Peru totaled X tons per ha in 2022, almost unchanged from 2021. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the average fruit yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of fruits production in Peru was estimated at X ha, therefore, remained relatively stable against the previous year's figure. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The fruit harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Fruit Exports

Exports from Peru

For the third consecutive year, Peru recorded growth in shipments abroad of fruits, which increased by X% to X tons in 2022. Overall, exports saw a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, fruit exports fell slightly to $X in 2022. In general, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

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

In terms of the main countries of destination, Mexico, with a CAGR of X%, saw the highest growth rate of 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 2022, the average fruit export price amounted to $X per ton, with a decrease of 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 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Panama ($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 Imports

Imports into Peru

For the third consecutive year, Peru recorded decline in purchases abroad of fruits, which decreased by X% to X tons in 2022. Over the period under review, imports 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 tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, fruit imports reduced slightly to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

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

From 2012 to 2022, the average annual growth rate of volume from Chile stood at 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 ($X) constituted the largest supplier of fruits to Peru, comprising X% of total imports. The second position in the ranking was held by Argentina ($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

In 2022, the average fruit import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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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