Peru: Market for Non-Citrus Fruits Not Elsewhere Classified 2024

Market Size for Non-Citrus Fruits Not Elsewhere Classified in Peru

In 2022, the Peruvian market for non-citrus fruits not elsewhere classified decreased by -9.6% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Non-Citrus Fruits Not Elsewhere Classified in Peru

In value terms, non-citrus fruits not elsewhere classified production stood at $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by 13%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Non-Citrus Fruits Not Elsewhere Classified

Exports from Peru

In 2022, shipments abroad of non-citrus fruits not elsewhere classified was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 105% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, non-citrus fruits not elsewhere classified exports skyrocketed to $X in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 108% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for non-citrus fruits not elsewhere classified exports from Peru, with a 37% share of total exports. Moreover, non-citrus fruits not elsewhere classified exports to the Netherlands exceeded the volume sent to the second major destination, Russia (X tons), threefold. The third position in this ranking was held by Germany (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled +37.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+24.5% per year) and Germany (+64.4% per year).

In value terms, the Netherlands ($X) remains the key foreign market for non-citrus fruits not elsewhere classified exports from Peru, comprising 33% of total exports. The second position in the ranking was taken by Germany ($X), with a 12% share of total exports. It was followed by Russia, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands amounted to +32.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+62.1% per year) and Russia (+18.5% per year).

Export Prices by Country

In 2022, the average export price for non-citrus fruits not elsewhere classified amounted to $X per ton, surging by 2.9% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2020 an increase of 10%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($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 Switzerland (-1.1%), while the prices for the other major destinations experienced a decline.

Imports of Non-Citrus Fruits Not Elsewhere Classified

Imports into Peru

In 2019, the amount of non-citrus fruits not elsewhere classified imported into Peru rose remarkably to X tons, growing by 7.3% against the previous year's figure. Overall, imports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 345% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2019, imports failed to regain momentum.

In value terms, non-citrus fruits not elsewhere classified imports soared to $X in 2019. In general, imports posted strong growth. The pace of growth was the most pronounced in 2014 with an increase of 452% against the previous year. Over the period under review, imports reached the peak figure in 2019 and are expected to retain growth in years to come.

Imports by Country

In 2019, the United Arab Emirates (X tons) constituted the largest non-citrus fruits not elsewhere classified supplier to Peru, accounting for a 67% share of total imports. Moreover, non-citrus fruits not elsewhere classified imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold.

From 2012 to 2019, the average annual rate of growth in terms of volume from the United Arab Emirates was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+4.5% per year) and Chile (-33.8% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of non-citrus fruits not elsewhere classified to Peru, comprising 69% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 30% share of total imports.

From 2012 to 2019, the average annual growth rate of value from the United Arab Emirates was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+6.2% per year) and Chile (-29.3% per year).

Import Prices by Country

The average import price for non-citrus fruits not elsewhere classified stood at $X per ton in 2019, growing by 137% against the previous year. Overall, the import price showed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Chile (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform