Peru: Dry Peas Market 2025

Dry Peas Market Size in Peru

In 2021, the Peruvian dry peas market decreased by less than 0.1% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Dry peas consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Dry Peas Production in Peru

In value terms, dry peas production rose significantly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a pronounced downturn. The growth pace was the most rapid in 2019 with an increase of 43%. Dry peas production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

The average yield of peas (dry) in Peru declined modestly to X tons per ha in 2021, stabilizing at 2020 figures. The yield figure increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 5.1%. The dry peas yield peaked at X tons per ha in 2020, and then reduced 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 dry peas harvested area in Peru rose slightly to X ha in 2021, growing by 2.2% against the previous year. In general, the harvested area, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2015 when the harvested area increased by 2.3% against the previous year. The dry peas harvested area peaked at X ha in 2013; however, from 2014 to 2021, the harvested area remained at a lower figure.

Dry Peas Exports

Exports from Peru

In 2021, overseas shipments of peas (dry) decreased by -21.7% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports faced a deep reduction. The growth pace was the most rapid in 2020 when exports increased by 410% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, dry peas exports dropped rapidly to $X in 2021. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 326%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Ecuador (X tons), Canada (X tons) and the United States (X tons) were the main destinations of dry peas exports from Peru, together accounting for 82% of total exports. Italy, Jamaica, Spain and Chile lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +85.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dry peas exported from Peru were Canada ($X), Ecuador ($X) and the United States ($X), together accounting for 80% of total exports. These countries were followed by Italy, Spain, Chile and Jamaica, which together accounted for a further 17%.

Chile, with a CAGR of +96.4%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average dry peas export price amounted to $X per ton, increasing by 6.3% against the previous year. Overall, the export price, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2019 an increase of 49%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per ton), while the average price for exports to Jamaica ($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 Chile (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Dry Peas Imports

Imports into Peru

In 2021, the amount of peas (dry) imported into Peru dropped markedly to X tons, with a decrease of -15.1% on the previous year's figure. Overall, total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +48.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 74% against the previous year. As a result, imports attained the peak of X tons, and then shrank dramatically in the following year.

In value terms, dry peas imports declined to $X in 2021. In general, imports, however, posted resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 84%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

Canada (X tons) and the United States (X tons) were the main suppliers of dry peas imports to Peru.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of +7.0%).

In value terms, Canada ($X) and the United States ($X) were the largest dry peas suppliers to Peru.

In terms of the main suppliers, Canada, with a CAGR of +8.3%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2021, the average dry peas import price amounted to $X per ton, increasing by 3.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 11%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Canada amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+1.2%).

Source: IndexBox Platform

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