Peru: Sweet Potato Market 2025

Sweet Potato Market Size in Peru

The Peruvian sweet potato market reached $X in 2021, with an increase of 12% against the previous year. Over the period under review, consumption, however, showed a slight descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Sweet Potato Production in Peru

In value terms, sweet potato production soared to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a mild shrinkage. Sweet potato production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

The average yield of sweet potatoes in Peru rose significantly to X tons per ha in 2021, increasing by 9.8% against 2020. In general, the yield recorded a relatively flat trend pattern. As a result, the yield attained the peak level and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of sweet potatoes production in Peru rose to X ha, with an increase of 1.9% on 2020 figures. Over the period under review, the harvested area, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2019 with an increase of 8.8% against the previous year. Over the period under review, the harvested area dedicated to sweet potato production reached the peak figure at X ha in 2012; however, from 2013 to 2021, the harvested area remained at a lower figure.

Sweet Potato Exports

Exports from Peru

For the sixth consecutive year, Peru recorded growth in overseas shipments of sweet potatoes, which increased by 17% to X tons in 2021. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 72%. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, sweet potato exports soared to $X in 2021. In general, exports posted prominent growth. The growth pace was the most rapid in 2013 with an increase of 67%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

Exports by Country

Chile (X tons) was the main destination for sweet potato exports from Peru, with a 40% share of total exports. Moreover, sweet potato exports to Chile exceeded the volume sent to the second major destination, Ecuador (X tons), threefold. The third position in this ranking was held by the Netherlands (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Chile amounted to +26.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (+35.6% per year) and the Netherlands (+46.8% per year).

In value terms, the Netherlands ($X) remains the key foreign market for sweet potatoes exports from Peru, comprising 40% of total exports. The second position in the ranking was held by Chile ($X), with an 18% share of total exports. It was followed by the United States, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands stood at +54.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+23.9% per year) and the United States (-7.8% per year).

Export Prices by Country

The average sweet potato export price stood at $X per ton in 2021, surging by 11% against the previous year. Over the period under review, the export price, however, faced a deep downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Chile ($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 the UK (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.

Sweet Potato Imports

Imports into Peru

In 2013, approx. X tons of sweet potatoes were imported into Peru; remaining stable against the previous year. Overall, imports recorded a relatively flat trend pattern. Imports peaked in 2013 and are likely to continue growth in the immediate term.

In value terms, sweet potato imports amounted to $X in 2013. In general, imports showed a relatively flat trend pattern. Over the period under review, imports attained the maximum in 2013 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X kg) and the United States (X kg) were the main suppliers of sweet potato imports to Peru.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of -24.0%).

In value terms, China ($X) and the United States ($X) appeared to be the largest sweet potato suppliers to Peru.

In terms of the main suppliers, China, with a CAGR of -20.9%, 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 sweet potato import price amounted to less than $X per ton, flattening at the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price decreased by 99.9%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+22.5%).

Source: IndexBox Platform

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