Peru: Market for Crispbread, Rusks and Toasted Bread 2025

Market Size for Crispbread, Rusks and Toasted Bread in Peru

The Peruvian market for crispbread, rusks and toasted bread expanded to $X in 2022, with an increase of 4.3% against the previous year. Overall, consumption posted a resilient increase. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Crispbread, Rusks and Toasted Bread in Peru

In value terms, crispbread, rusk and toasted bread production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production posted a resilient expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 41% against the previous year. Crispbread, rusk and toasted bread production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Crispbread, Rusks and Toasted Bread

Exports from Peru

In 2022, after two years of growth, there was significant decline in shipments abroad of crispbread, rusks and toasted bread, when their volume decreased by -25.7% to X tons. Overall, exports saw a abrupt decline. The growth pace was the most rapid in 2016 when exports increased by 124%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, crispbread, rusk and toasted bread exports declined remarkably to $X in 2022. Over the period under review, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2016 when exports increased by 122%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ecuador (X tons) was the main destination for crispbread, rusk and toasted bread exports from Peru, accounting for a 100% share of total exports. It was followed by Chile (X kg), with a 0.2% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Ecuador totaled +20.4%.

In value terms, Ecuador ($X) remains the key foreign market for crispbread, rusks and toasted bread exports from Peru, comprising 100% of total exports. The second position in the ranking was held by Chile ($X), with a 0.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ecuador stood at +18.0%.

Export Prices by Country

The average export price for crispbread, rusks and toasted bread stood at $X per ton in 2022, almost unchanged from the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crispbread, rusk and toasted bread export price decreased by -5.4% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 69% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Chile amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crispbread, Rusks and Toasted Bread

Imports into Peru

After six years of growth, purchases abroad of crispbread, rusks and toasted bread decreased by -2.3% to X tons in 2022. Overall, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 104% against the previous year. Imports peaked at X tons in 2021, and then contracted modestly in the following year.

In value terms, crispbread, rusk and toasted bread imports rose notably to $X in 2022. In general, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 104%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of crispbread, rusk and toasted bread to Peru, accounting for a 57% share of total imports. Moreover, crispbread, rusk and toasted bread imports from Brazil exceeded the figures recorded by the second-largest supplier, Ecuador (X tons), fivefold. The United States (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled +71.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (-0.3% per year) and the United States (-3.6% per year).

In value terms, Brazil ($X) constituted the largest supplier of crispbread, rusks and toasted bread to Peru, comprising 51% of total imports. The second position in the ranking was taken by Italy ($X), with a 15% share of total imports. It was followed by Ecuador, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled +63.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+46.4% per year) and Ecuador (+8.4% per year).

Import Prices by Country

In 2022, the average import price for crispbread, rusks and toasted bread amounted to $X per ton, increasing by 14% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 49% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 Italy ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+8.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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