Peru: Green Peas Market 2025

Green Peas Market Size in Peru

The Peruvian green peas market stood at $X in 2022, approximately mirroring the previous year. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Green Peas Production in Peru

In value terms, green peas production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2017 with an increase of 18%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

In 2022, the average green peas yield in Peru contracted to X tons per ha, stabilizing at the previous year's figure. Over the period under review, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 11% against the previous year. The green peas yield peaked at X tons per ha in 2018; however, from 2019 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the green peas harvested area in Peru declined to X ha, therefore, remained relatively stable against the year before. The harvested area increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the harvested area increased by 6.4%. The green peas harvested area peaked at X ha in 2021, and then declined modestly in the following year.

Green Peas Exports

Exports from Peru

After four years of growth, shipments abroad of peas (green) decreased by -6.7% to X tons in 2022. In general, total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.7% against 2016 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 36% against the previous year. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, green peas exports declined to $X in 2022. Over the period under review, total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.9% against 2016 indices. The growth pace was the most rapid in 2019 when exports increased by 29%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

The United States (X tons), the UK (X tons) and the Netherlands (X tons) were the main destinations of green peas exports from Peru, together accounting for 88% of total exports. Canada, Germany and Norway lagged somewhat behind, together accounting for a further 8.7%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +53.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and the Netherlands ($X) constituted the largest markets for green peas exported from Peru worldwide, together accounting for 84% of total exports. Canada, Germany and Norway lagged somewhat behind, together comprising a further 12%.

Germany, with a CAGR of +61.7%, saw the highest growth rate of the value of exports, in terms of 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

The average green peas export price stood at $X per ton in 2022, leveling off at the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 8.6% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the United States ($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 Germany (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Green Peas Imports

Imports into Peru

In 2022, after ten years of growth, there was significant decline in supplies from abroad of peas (green), when their volume decreased by -35.2% to X tons. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 295% against the previous year. Imports peaked at X tons in 2021, and then declined remarkably in the following year.

In value terms, green peas imports shrank rapidly to $X in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 279%. Imports peaked at $X in 2021, and then fell rapidly in the following year.

Imports by Country

In 2022, the United States (X tons) was the main supplier of green peas to Peru, with a 91% share of total imports. Moreover, green peas imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +56.9%.

In value terms, the United States ($X) constituted the largest supplier of peas (green) to Peru, comprising 90% of total imports. The second position in the ranking was taken by Canada ($X), with a 9.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +45.0%.

Import Prices by Country

In 2022, the average green peas import price amounted to $X per ton, increasing by 1.5% against the previous year. Over the period under review, the import price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2019 when the average import price increased by 11%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-7.6%).

Source: IndexBox Platform

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