Peru: Nuts Market 2025

Nuts Market Size in Peru

In 2022, the Peruvian nuts market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption, however, showed buoyant growth. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Nuts Production in Peru

In value terms, nuts production fell modestly to $X in 2022 estimated in export price. In general, production enjoyed prominent growth. The growth pace was the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

In 2022, the average nuts yield in Peru shrank slightly to X tons per ha, remaining constant against the year before. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X%. The nuts yield peaked at X tons per ha in 2021, and then fell slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The nuts harvested area in Peru reached X ha in 2022, approximately reflecting 2021. In general, the harvested area saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha; afterwards, it flattened through to 2022.

Nuts Exports

Exports from Peru

Nuts exports from Peru shrank notably to X tons in 2022, which is down by X% on the previous year. In general, exports faced a precipitous decline. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, nuts exports reduced markedly to $X in 2022. Over the period under review, exports saw a significant decline. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons), Canada (X tons) and South Korea (X tons) were the main destinations of nuts exports from Peru, together accounting for X% of total exports. Thailand and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), South Korea ($X) and Canada ($X) appeared to be the largest markets for nuts exported from Peru worldwide, with a combined X% share of total exports. Thailand and Germany lagged somewhat behind, together comprising a further X%.

Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average nuts export price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price showed a mild setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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 Thailand ($X per ton), while the average price for exports to Canada ($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 Canada (X%), while the prices for the other major destinations experienced a decline.

Nuts Imports

Imports into Peru

Nuts imports into Peru fell rapidly to X tons in 2022, with a decrease of X% compared with the year before. Overall, imports, however, showed a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then declined significantly in the following year.

In value terms, nuts imports dropped to $X in 2022. In general, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of nuts to Peru, accounting for a X% share of total imports. Moreover, nuts imports from Brazil exceeded the figures recorded by the second-largest supplier, Bolivia (X tons), fourfold. Chile (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bolivia (X% per year) and Chile (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of nuts to Peru, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by Bolivia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Bolivia (X% per year).

Import Prices by Country

In 2022, the average nuts import price amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 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 Chile ($X per ton), while the price for Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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