Peru: Vegetable Market 2025

Vegetable Market Size in Peru

In 2022, the Peruvian vegetable market increased by X% to $X, rising for the second consecutive year after four years of decline. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Vegetable Production in Peru

In value terms, vegetable production reduced slightly to $X in 2022 estimated in export price. Overall, production showed a slight curtailment. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average vegetable yield in Peru shrank slightly to X tons per ha, remaining relatively unchanged against the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the average vegetable yield reached the peak level at X tons per ha in 2021, and then shrank modestly 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.

In 2022, the total area harvested in terms of vegetables production in Peru shrank to X ha, remaining stable against 2021 figures. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to vegetable production reached the maximum at X ha in 2021, and then shrank in the following year.

Vegetable Exports

Exports from Peru

Vegetable exports from Peru shrank dramatically to X tons in 2022, declining by X% against the previous year. In general, total exports indicated a noticeable expansion from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, vegetable exports shrank notably to $X in 2022. Over the period under review, exports continue to indicate a mild decrease. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2021, and then shrank markedly in the following year.

Exports by Country

The United States (X tons) was the main destination for vegetable exports from Peru, accounting for a X% share of total exports. Moreover, vegetable exports to the United States exceeded the volume sent to the second major destination, Colombia (X tons), threefold. Spain (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Spain (X% per year).

In value terms, the United States ($X) remains the key foreign market for vegetables exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with an X% share of total exports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average vegetable export price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2016 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 the UK ($X per ton), while the average price for exports to Colombia ($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 Bolivia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Vegetable Imports

Imports into Peru

For the third year in a row, Peru recorded decline in supplies from abroad of vegetables, which decreased by X% to X tons in 2022. Overall, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, vegetable imports dropped rapidly to $X in 2022. Over the period under review, imports faced a deep slump. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Egypt (X tons) and the United States (X tons) were the main suppliers of vegetable imports to Peru.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of X%).

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

From 2012 to 2022, the average annual growth rate of value from Egypt totaled X%.

Import Prices by Country

The average vegetable import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for the United States amounted to $X per ton.

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

Source: IndexBox Platform

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