Peru: Market for Non-Alcoholic Beverages, Not Containing Milk 2024

Market Size for Non-Alcoholic Beverages, Not Containing Milk in Peru

The Peruvian market for non-alcoholic beverages, not containing milk shrank to $X in 2022, with a decrease of -4.8% against the previous year. The market value increased at an average annual rate of +3.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Non-alcoholic beverage, not containing milk consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Non-Alcoholic Beverages, Not Containing Milk in Peru

In value terms, non-alcoholic beverage, not containing milk production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by 28%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Non-Alcoholic Beverages, Not Containing Milk

Exports from Peru

In 2022, the amount of non-alcoholic beverages, not containing milk exported from Peru contracted to X litres, shrinking by -9.3% compared with 2021. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 61%. As a result, the exports attained the peak of X litres. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-alcoholic beverage, not containing milk exports rose significantly to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 58%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Chile (X litres), Haiti (X litres) and the Dominican Republic (X litres) were the main destinations of non-alcoholic beverage, not containing milk exports from Peru, together accounting for 58% of total exports. The United States, Paraguay, Bolivia, Panama, Ecuador, Curacao, Aruba, Guyana and Japan lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guyana (with a CAGR of +65.6%), while the other leaders experienced more modest paces of growth.

In value terms, Haiti ($X) remains the key foreign market for non-alcoholic beverages, not containing milk exports from Peru, comprising 36% of total exports. The second position in the ranking was taken by the United States ($X), with a 13% share of total exports. It was followed by Chile, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Haiti stood at +32.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-7.7% per year) and Chile (+11.2% per year).

Export Prices by Country

The average export price for non-alcoholic beverages, not containing milk stood at $X per litre in 2022, jumping by 23% against the previous year. In general, the export price recorded a relatively flat trend pattern. The export price peaked at $X per litre in 2018; however, from 2019 to 2022, the export prices remained at a 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 Haiti ($X per litre), while the average price for exports to Chile ($X per litre) 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 (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Alcoholic Beverages, Not Containing Milk

Imports into Peru

Non-alcoholic beverage, not containing milk imports into Peru surged to X litres in 2022, increasing by 36% compared with 2021. Overall, imports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 82% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, non-alcoholic beverage, not containing milk imports amounted to $X in 2022. In general, imports saw a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by 76%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X litres), Mexico (X litres) and Switzerland (X litres) were the main suppliers of non-alcoholic beverage, not containing milk imports to Peru, with a combined 71% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +84.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-alcoholic beverage, not containing milk suppliers to Peru were Switzerland ($X), Mexico ($X) and China ($X), together accounting for 75% of total imports.

Among the main suppliers, China, with a CAGR of +83.0%, recorded 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

In 2022, the average import price for non-alcoholic beverages, not containing milk amounted to $X per litre, shrinking by -25.7% against the previous year. Overall, the import price showed a mild downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 20%. Over the period under review, average import prices hit record highs at $X per litre in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Switzerland ($X per litre), while the price for Chile ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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