Peru: Dry Bean Market 2020

Dry Bean Market Size in Peru

The revenue of the dry bean market in Peru amounted to $X in 2017, jumping by X% against the previous year. In general, dry bean consumption continues to indicate a prominent growth. The pace of growth was the most pronounced in 2013, with an increase of X% against the previous year. Peru dry bean consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Dry Bean Production in Peru

Dry bean production in Peru amounted to X tons in 2017, standing approx. at the previous year. In general, dry bean production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009, when the output figure increased by X% year-to-year. In that year, the dry bean production reached their peak volume of X tons. From 2010 to 2017, growth of the dry bean production failed to regain its momentum. Dry bean output in Peru indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the harvested area and a relatively flat trend pattern in yield figures.

Average yield of beans (dry) in Peru totaled X ton per ha in 2017, flattening at the previous year. Overall, dry bean yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009, when it surged by X% against the previous year. In that year, the dry bean yield reached their peak level of X ton per ha. From 2010 to 2017, growth of the dry bean yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Dry bean harvested area in Peru amounted to X ha in 2017, therefore, remained relatively stable against the previous year. Overall, dry bean harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, when harvested area increased by X% against the previous year. In that year, the dry bean harvested area attained their peak figure of X ha. From 2010 to 2017, growth of the dry bean harvested area stood at a somewhat lower level.

Dry Bean Exports from Peru

Dry bean exports from Peru stood at X tons in 2017, shrinking by -X% against the previous year. Overall, dry bean exports continue to indicate an abrupt setback. The growth pace was the most rapid in 2008, with an increase of X% y-o-y. In that year, the dry bean exports attained their peak volume of X tons. From 2009 to 2017, growth of the dry bean exports stood at a somewhat lower level.

In value terms, dry bean exports amounted to $X in 2017. In general, dry bean exports continue to indicate a drastic contraction. Over the period under review, the dry bean exports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Dry Bean Exports by Country from Peru

In 2017, Myanmar (X tons), distantly followed by China (X tons), the U.S. (X tons), Argentina (X tons) and Canada (X tons) represented the main exporters of beans (dry), together making up X% of total exports. Brazil (X tons), Ethiopia (X tons), Egypt (X tons) and the UK (X tons) held the weak share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Myanmar ($X), China ($X) and the U.S. ($X) constituted the countries with the highest levels of exports in 2017, together comprising X% of total exports. Argentina, Canada, Egypt, Ethiopia, Brazil, the UK and Peru lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries , Egypt (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Dry Bean Export Prices by Country in Peru

In 2017, the dry bean export price in Peru amounted to $X per ton, picking up by X% against the previous year. Overall, the export price indicated a strong expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. Over the period under review, the export prices for beans (dry) attained its peak figure level in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Dry Bean Imports into Peru

In 2017, imports of beans (dry) into Peru stood at X tons, jumping by X% against the previous year. Overall, dry bean imports continue to indicate a slight increase. The growth pace was the most rapid in 2011, when imports increased by X% y-o-y. Over the period under review, the dry bean imports reached its peak figure volume of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, dry bean imports totaled $X in 2017. In general, dry bean imports continue to indicate a strong increase. Peru imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Dry Bean Imports by Country into Peru

In 2017, India (X tons), followed by China (X tons), Mexico (X tons) and Pakistan (X tons) represented the main importers of beans (dry), together constituting X% of total imports. Angola (X tons), Brazil (X tons), the U.S. (X tons), Vietnam (X tons), the Philippines (X tons), the UK (X tons), Kenya (X tons) and Italy (X tons) occupied the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported beans (dry) into Peru, making up X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

In India, dry bean imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and Mexico (+X% per year).

Dry Bean Import Prices by Country in Peru

The dry bean import price in Peru stood at $X per ton in 2017, coming up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when the import prices increased by X% against the previous year. Peru import price peaked in 2017, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the U.S. ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform