Peru: Frozen Fruit Market 2022

Frozen Fruit Market Size in Peru

The Peruvian frozen fruit market expanded slightly to $X in 2021, picking up by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Frozen fruit consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Frozen Fruit Production in Peru

In value terms, frozen fruit production dropped to $X in 2021 estimated in export price. In general, production, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Frozen fruit production peaked at $X in 2020, and then shrank in the following year.

Frozen Fruit Exports

Exports from Peru

In 2021, after nine years of growth, there was significant decline in shipments abroad of frozen fruits, when their volume decreased by -X% to X tons. In general, exports, however, enjoyed resilient growth. The growth pace was the most rapid in 2013 when exports increased by X%. The exports peaked at X tons in 2020, and then reduced in the following year.

In value terms, frozen fruit exports fell to $X in 2021. Over the period under review, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2020, and then contracted in the following year.

Exports by Country

The United States (X tons) was the main destination for frozen fruit exports from Peru, with a X% share of total exports. Moreover, frozen fruit exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), threefold. The Netherlands (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and the Netherlands (+X% per year).

In value terms, the United States ($X) remains the key foreign market for frozen fruit exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports. It was followed by the Netherlands, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2021, the average frozen fruit export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Fruit Imports

Imports into Peru

In 2021, purchases abroad of frozen fruits was finally on the rise to reach X tons for the first time since 2013, thus ending a seven-year declining trend. Over the period under review, imports, however, recorded a deep contraction. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, frozen fruit imports soared to $X in 2021. In general, imports, however, showed a abrupt descent. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X tons), Belgium (X tons) and Chile (X tons) were the main suppliers of frozen fruit imports to Peru, together comprising X% of total imports. These countries were followed by the Netherlands, Ecuador and Colombia, which together accounted for a further X 2012 to 2021, the biggest increases were in Ecuador (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Belgium ($X) and Chile ($X) constituted the largest frozen fruit suppliers to Peru, together comprising X% of total imports. The Netherlands, Ecuador and Colombia lagged somewhat behind, together comprising a further X terms of the main suppliers, Ecuador, with a CAGR of +X%, saw the highest growth rate of 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 frozen fruit import price stood at $X per ton in 2021, reducing by -X% against the previous year. Overall, the import price saw a pronounced contraction. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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