Peru: Vinegar-Preserved Vegetable Market 2025

Vinegar-Preserved Vegetable Market Size in Peru

The Peruvian vinegar-preserved vegetable market fell dramatically to $X in 2022, waning by -89.7% against the previous year. Over the period under review, consumption showed a sharp contraction. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Vinegar-Preserved Vegetable Production in Peru

In value terms, vinegar-preserved vegetable production contracted slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced slump. The pace of growth appeared the most rapid in 2017 with an increase of 5.1%. Vinegar-preserved vegetable production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Vinegar-Preserved Vegetable Exports

Exports from Peru

In 2022, approx. X tons of vegetables in vinegar other than potatoes were exported from Peru; increasing by 27% compared with 2021 figures. Overall, total exports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.2% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, vinegar-preserved vegetable exports surged to $X in 2022. In general, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +9.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for vinegar-preserved vegetable exports from Peru, with a 56% share of total exports. Moreover, vinegar-preserved vegetable exports to the United States exceeded the volume sent to the second major destination, Germany (X tons), fivefold. The third position in this ranking was taken by Spain (X tons), with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+5.8% per year) and Spain (+14.1% per year).

In value terms, the United States ($X) remains the key foreign market for vegetables in vinegar other than potatoes exports from Peru, comprising 62% of total exports. The second position in the ranking was taken by Germany ($X), with a 9% share of total exports. It was followed by Spain, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+7.7% per year) and Spain (+14.2% per year).

Export Prices by Country

The average vinegar-preserved vegetable export price stood at $X per ton in 2022, rising by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Denmark ($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 (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Vinegar-Preserved Vegetable Imports

Imports into Peru

In 2022, approx. X tons of vegetables in vinegar other than potatoes were imported into Peru; with an increase of 12% compared with the previous year's figure. Over the period under review, imports posted a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 67%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, vinegar-preserved vegetable imports reached $X in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 36% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United States (X tons), China (X tons) and Chile (X tons) were the main suppliers of vinegar-preserved vegetable imports to Peru, together accounting for 69% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile (with a CAGR of +27.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vinegar-preserved vegetable suppliers to Peru were the United States ($X), China ($X) and Spain ($X), with a combined 73% share of total imports. India, Germany, Chile and Mexico lagged somewhat behind, together accounting for a further 21%.

In terms of the main suppliers, India, with a CAGR of +22.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vinegar-preserved vegetable import price stood at $X per ton in 2022, waning by -3.5% against the previous year. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of 23% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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