Peru: Green Bean Market 2025

Green Bean Market Size in Peru

In 2022, the Peruvian green bean market decreased by -1.5% to $X for the first time since 2016, thus ending a five-year rising trend. In general, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +67.0% against 2012 indices. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank in the following year.

Green Bean Production in Peru

In value terms, green bean production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a strong increase. The growth pace was the most rapid in 2017 with an increase of 24% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

In 2022, the average yield of green beans in Peru stood at X tons per ha, approximately mirroring the year before. Overall, the yield, however, recorded a mild slump. The most prominent rate of growth was recorded in 2020 when the yield increased by 4.6%. The green bean yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The green bean harvested area in Peru reduced modestly to X ha in 2022, which is down by -4.5% on the previous year's figure. The harvested area increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 9.9%. As a result, the harvested area attained the peak level of X ha, and then fell modestly in the following year.

Green Bean Exports

Exports from Peru

After two years of growth, overseas shipments of green beans decreased by -3.8% to X tons in 2022. Over the period under review, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2016 when exports increased by 268% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, green bean exports declined modestly to $X in 2022. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2016 when exports increased by 315%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Chile (X tons), the UK (X tons) and the Netherlands (X tons) were the main destinations of green bean exports from Peru, together accounting for 89% of total exports. The United States, France and Spain lagged somewhat behind, together accounting for a further 7.2%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +12.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for green bean exported from Peru were the UK ($X), Chile ($X) and France ($X), with a combined 95% share of total exports.

Among the main countries of destination, the UK, with a CAGR of +13.3%, recorded 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 green bean export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price, however, recorded a strong increase. The growth pace was the most rapid in 2017 when the average export price increased by 33%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 the UK ($X per ton), while the average price for exports to the United States ($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 the UK (+6.3%), while the prices for the other major destinations experienced a decline.

Green Bean Imports

Imports into Peru

In 2022, overseas purchases of green beans decreased by -40.3% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 413% against the previous year. As a result, imports attained the peak of X tons, and then reduced notably in the following year.

In value terms, green bean imports dropped remarkably to $X in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 582%. As a result, imports reached the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2022, Canada (X tons) was the main green bean supplier to Peru, accounting for a 91% share of total imports. Moreover, green bean imports from Canada exceeded the figures recorded by the second-largest supplier, the United States (X kg), tenfold.

From 2012 to 2022, the average annual growth rate of volume from Canada totaled +38.1%.

In value terms, Canada ($X) constituted the largest supplier of green beans to Peru, comprising 72% of total imports. The second position in the ranking was held by the United States ($X), with a 28% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada totaled +45.7%.

Import Prices by Country

The average green bean import price stood at $X per ton in 2022, dropping by -4% against the previous year. In general, the import price, however, enjoyed a resilient increase. The growth pace was the most rapid in 2019 when the average import price increased by 74%. The import price peaked at $X per ton in 2021, and then declined slightly in the following year.

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 Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.4%).

Source: IndexBox Platform

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