Peru: Vegetable Market 2020

Vegetable Market Size in Peru

The revenue of the vegetable market in Peru amounted to $X in 2017, growing by X% against the previous year. In general, the total market indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2012, when market value increased by X% year-to-year. Over the period under review, the vegetable market reached its maximum level in 2017, and is expected to retain its growth in the near future.

Vegetable Production in Peru

Vegetable production in Peru amounted to X tons in 2017, growing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. Peru vegetable production peaked in 2017, and is likely to continue its growth in the near future. Vegetable output in Peru indicated a measured growth, which was largely conditioned by a temperate growth of the harvested area and a modest increase in yield figures.

In 2017, average vegetable yield in Peru stood at X ton per ha, growing by X% against the previous year. The yield figure increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2017, when yield increased by X% y-o-y. In that year, the vegetable yield attained their peak level, and is likely to continue its 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 2017, harvested area of vegetables in Peru totaled X ha, remaining constant against the previous year. The harvested area increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. Peru vegetable harvested area peaked of X ha in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Vegetable Exports from Peru

In 2017, the amount of vegetables exported from Peru stood at X tons, going down by -X% against the previous year. In general, the total exports indicated a strong growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vegetable exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the vegetable exports attained its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, vegetable exports amounted to $X in 2017. In general, the total exports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vegetable exports increased by +X% against 2008 indices. Over the period under review, the vegetable exports reached its peak figure level of $X in 2016, leveling off in the following year.

Vegetable Exports by Country from Peru

The countries with the highest levels of vegetable exports in 2017 were the Netherlands (X tons), Mexico (X tons), Spain (X tons) and China (X tons), together recording X% of total export. France (X tons) ranks second in terms of the global exports with a X% share, followed by the U.S. (X%). India (X tons), Germany (X tons), Belgium (X tons), Canada (X tons), Italy (X tons) and Egypt (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest vegetable markets worldwide were the Netherlands ($X), Spain ($X) and Mexico ($X), with a combined X% share of total exports. These countries were followed by China, the U.S., France, Canada, Italy, Belgium, Germany, India, Egypt and Peru, which together accounted for a further X%.

Among the main exporting countries , China (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Vegetable Export Prices by Country in Peru

The vegetable export price in Peru stood at $X per ton in 2017, jumping by X% against the previous year. Overall, vegetable export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. Peru export price peaked of $X per ton in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Italy ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Vegetable Imports into Peru

In 2017, approx. X tons of vegetables were imported into Peru; growing by X% against the previous year. Overall, vegetable imports continue to indicate a prominent increase. The growth pace was the most rapid in 2014, when it surged by X% against the previous year. In that year, the vegetable imports attained their peak volume of X tons. From 2015 to 2017, growth of the vegetable imports failed to regain its momentum.

In value terms, vegetable imports stood at $X in 2017. Overall, vegetable imports continue to indicate a remarkable growth. Over the period under review, the vegetable imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Vegetable Imports by Country into Peru

In 2017, the U.S. (X tons), distantly followed by Germany (X tons), the Netherlands (X tons), Belgium (X tons), the UK (X tons) and France (X tons) were the main importers of vegetables, together making up X% of total imports. Canada (X tons), Russia (X tons), the United Arab Emirates (X tons), Malaysia (X tons), Spain (X tons) and Italy (X tons) followed a long way behind the leaders.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2017. At the same time, the United Arab Emirates (+X%), Malaysia (+X%), the Netherlands (+X%), Belgium (+X%), Germany (+X%), Italy (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. France, Spain, the UK and Russia experienced a relatively flat trend pattern. From 2007 to 2017, the share of Belgium, the Netherlands and the U.S. decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), Germany ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports. France, Canada, the Netherlands, Russia, Belgium, Italy, Spain, the United Arab Emirates, Malaysia and Peru lagged somewhat behind, together comprising a further X%.

Among the main importing countries , Peru (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Vegetable Import Prices by Country in Peru

The vegetable import price in Peru stood at $X per ton in 2017, waning by -X% against the previous year. In general, vegetable import price continues to indicate a slight increase. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. Peru import price peaked of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform