Peru: Cabbage Market 2024

Cabbage Market Size in Peru

The Peruvian cabbage market amounted to $X in 2022, rising by 8.1% against the previous year. In general, consumption, however, saw a noticeable slump. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Cabbage Production in Peru

In value terms, cabbage production rose markedly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 63%. Cabbage production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

The average yield of cabbage and other brassicas in Peru rose to X tons per ha in 2022, with an increase of 2.6% against 2021. Overall, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by 6.6%. The cabbage yield peaked at X tons per ha in 2019; however, from 2020 to 2022, 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 2022, approx. X ha of cabbage and other brassicas were harvested in Peru; approximately equating 2021. In general, the harvested area, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2018 with an increase of 2.7% against the previous year. Over the period under review, the harvested area dedicated to cabbage production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Cabbage Exports

Exports from Peru

In 2022, overseas shipments of cabbage and other brassicas decreased by -83.2% to X tons, falling for the third consecutive year after four years of growth. In general, exports faced a deep slump. The most prominent rate of growth was recorded in 2019 when exports increased by 348%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, cabbage exports shrank remarkably to $X in 2022. Overall, exports recorded a deep slump. The pace of growth was the most pronounced in 2013 when exports increased by 268% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for cabbage exports from Peru, with a 86% share of total exports. Moreover, cabbage exports to Brazil exceeded the volume sent to the second major destination, Germany (X kg), more than tenfold. The third position in this ranking was held by the United States (X kg), with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-15.8% per year) and the United States (-10.4% per year).

In value terms, Brazil ($X) remains the key foreign market for cabbage and other brassicas exports from Peru, comprising 64% of total exports. The second position in the ranking was held by the United States ($X), with a 20% share of total exports. It was followed by the Dominican Republic, with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil stood at +8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+14.2% per year) and the Dominican Republic (-11.0% per year).

Export Prices by Country

In 2022, the average cabbage export price amounted to $X per ton, rising by 61% against the previous year. In general, the export price saw buoyant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 73% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($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 United States (+27.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cabbage Imports

Imports into Peru

In 2022, purchases abroad of cabbage and other brassicas decreased by -3.2% to X kg, falling for the ninth consecutive year after two years of growth. Over the period under review, imports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2013 with an increase of 247% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, cabbage imports fell to $X in 2022. Overall, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2013 when imports increased by 504%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United States (X kg) was the main cabbage supplier to Peru, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to -22.2%.

In value terms, the United States ($X) constituted the largest supplier of cabbage and other brassicas to Peru.

From 2012 to 2022, the average annual growth rate of value from the United States totaled -21.9%.

Import Prices by Country

The average cabbage import price stood at $X per ton in 2022, growing by 2.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 74% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.4% per year.

Source: IndexBox Platform

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