Peru: Poultry Market 2024

Poultry Market Size in Peru

The Peruvian poultry market was estimated at $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2022: its value 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. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Poultry Production in Peru

In value terms, poultry production stood at $X in 2022 estimated in export price. In general, the total production indicated a prominent increase from 2012 to 2022: its value 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. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

The average yield of poultry in Peru stood at X kg per head in 2022, therefore, remained relatively stable against 2021. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by X% against the previous year. Over the period under review, the average poultry yield hit record highs in 2022 and is likely to see steady growth in the immediate term.

In 2022, the number of animals slaughtered for poultry production in Peru shrank slightly to X heads, leveling off at the year before. This number increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the number of producing animals increased by X% against the previous year. The number of animals slaughtered for poultry production peaked at X heads in 2019; however, from 2020 to 2022, producing animals stood at a somewhat lower figure.

Poultry Exports

Exports from Peru

In 2022, overseas shipments of poultry increased by X% to X tons, rising for the second year in a row after four years of decline. Over the period under review, exports, however, recorded a deep downturn. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, poultry exports soared to $X in 2022. Overall, exports, however, saw a abrupt downturn. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Colombia (X tons) was the main destination for poultry exports from Peru, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Colombia totaled X%.

In value terms, Colombia ($X) also remains the key foreign market for poultry exports from Peru.

From 2012 to 2022, the average annual rate of growth in terms of value to Colombia totaled X%.

Export Prices by Country

The average poultry export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to X% per year.

Poultry Imports

Imports into Peru

After two years of growth, purchases abroad of poultry decreased by X% to X tons in 2022. Overall, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, poultry imports expanded remarkably to $X in 2022. Over the period under review, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Brazil (X tons), the United States (X tons) and Chile (X tons) were the main suppliers of poultry imports to Peru, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

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

Import Prices by Country

The average poultry import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained 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 Brazil ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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