Peru: Pineapple Market 2025

Pineapple Market Size in Peru

The Peruvian pineapple market amounted to $X in 2022, growing by 3.8% against the previous year. Over the period under review, consumption, however, enjoyed a buoyant increase. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Pineapple Production in Peru

In value terms, pineapple production stood at $X in 2022 estimated in export price. In general, production, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 91%. Pineapple production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of pineapples in Peru reached X tons per ha, stabilizing at 2021. The yield figure increased at an average annual rate of +2.5% 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 2018 when the yield increased by 12%. Over the period under review, the average pineapple yield hit record highs at X tons per ha in 2020; however, from 2021 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of pineapples production in Peru dropped to X ha, which is down by -1.8% compared with 2021. In general, the harvested area, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the harvested area increased by 7.8% against the previous year. Over the period under review, the harvested area dedicated to pineapple production attained the maximum at X ha in 2021, and then contracted slightly in the following year.

Pineapple Exports

Exports from Peru

After eight years of growth, shipments abroad of pineapples decreased by -22.7% to X tons in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2015 with an increase of 533% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then dropped markedly in the following year.

In value terms, pineapple exports declined significantly to $X in 2022. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2015 when exports increased by 345%. The exports peaked at $X in 2021, and then dropped markedly in the following year.

Exports by Country

The United States (X tons) was the main destination for pineapple exports from Peru, with a 78% share of total exports. Moreover, pineapple exports to the United States exceeded the volume sent to the second major destination, Spain (X tons), sevenfold. The third position in this ranking was taken by Chile (X tons), with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +34.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+52.0% per year) and Chile (+1.7% per year).

In value terms, the United States ($X) remains the key foreign market for pineapples exports from Peru, comprising 96% of total exports. The second position in the ranking was held by Germany ($X), with a 2.4% share of total exports. It was followed by Spain, with a 1.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +24.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+9.6% per year) and Spain (+33.9% per year).

Export Prices by Country

In 2022, the average pineapple export price amounted to $X per ton, surging by 3.9% against the previous year. Overall, the export price posted a mild expansion. The pace of growth was the most pronounced in 2020 an increase of 91% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Chile ($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 the United States (-7.6%), while the prices for the other major destinations experienced a decline.

Pineapple Imports

Imports into Peru

After three years of growth, overseas purchases of pineapples decreased by -24.5% to X tons in 2022. Over the period under review, imports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 195% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, pineapple imports shrank dramatically to $X in 2022. Overall, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2019 with an increase of 664%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Colombia (X tons) and Chile (X tons) were the main suppliers of pineapple imports to Peru.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile (with a CAGR of +50.6%).

In value terms, Colombia ($X) constituted the largest supplier of pineapples to Peru, comprising 93% of total imports. The second position in the ranking was held by Chile ($X), with a 6.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Colombia stood at +53.0%.

Import Prices by Country

The average pineapple import price stood at $X per ton in 2022, increasing by 4% against the previous year. Overall, the import price posted a significant increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 340%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Colombia ($X per ton), while the price for Chile amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+49.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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