Peru: Walnut Market 2025

Walnut Market Size in Peru

The Peruvian walnut market surged to $X in 2021, with an increase of 74% against the previous year. In general, consumption saw strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Walnut Production in Peru

In value terms, walnut production rose modestly to $X in 2021 estimated in export price. Over the period under review, production posted a pronounced expansion. The most prominent rate of growth was recorded in 2017 with an increase of 162% against the previous year. Walnut production peaked at $X in 2019; afterwards, it flattened through to 2021.

The average yield of walnuts in Peru stood at X tons per ha in 2021, approximately mirroring 2020. In general, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 13%. Over the period under review, the average walnut yield attained the peak level at X tons per ha in 2015; however, from 2016 to 2021, the yield stood at a somewhat lower figure. 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 walnuts production in Peru rose to X ha, picking up by 1.5% compared with the previous year's figure. Overall, the harvested area, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the harvested area increased by 13%. Over the period under review, the harvested area dedicated to walnut production attained the peak figure at X ha in 2012; however, from 2013 to 2021, the harvested area stood at a somewhat lower figure.

Walnut Exports

Exports from Peru

In 2021, overseas shipments of walnuts decreased by -93.9% to X kg, falling for the second year in a row after four years of growth. Over the period under review, exports saw a sharp descent. The pace of growth appeared the most rapid in 2018 when exports increased by 2,219%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, walnut exports contracted remarkably to $X in 2021. In general, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 3,521%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X kg) was the main destination for walnut exports from Peru, with a 87% share of total exports. Moreover, walnut exports to China exceeded the volume sent to the second major destination, Luxembourg (X kg), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to China amounted to -30.1%.

In value terms, China ($X) remains the key foreign market for walnut exports from Peru, comprising 92% of total exports. The second position in the ranking was held by Luxembourg ($X), with a 7.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to China amounted to -24.1%.

Export Prices by Country

In 2021, the average walnut export price amounted to $X per ton, waning by -17.1% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 84% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Luxembourg stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+8.5%).

Walnut Imports

Imports into Peru

In 2021, approx. X tons of walnuts were imported into Peru; rising by 83% on 2020. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, walnut imports skyrocketed to $X in 2021. Overall, imports showed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Chile (X tons) was the main walnut supplier to Peru, accounting for a 91% share of total imports. Moreover, walnut imports from Chile exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. Argentina (X tons) ranked third in terms of total imports with a 3% share.

From 2012 to 2021, the average annual growth rate of volume from Chile totaled +24.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+17.4% per year) and Argentina (0.0% per year).

In value terms, Chile ($X) constituted the largest supplier of walnut to Peru, comprising 92% of total imports. The second position in the ranking was held by the United States ($X), with a 3.5% share of total imports. It was followed by Argentina, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value from Chile totaled +18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.3% per year) and Argentina (0.0% per year).

Import Prices by Country

The average walnut import price stood at $X per ton in 2021, surging by 9.6% against the previous year. Overall, the import price, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2017 an increase of 12% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Argentina ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (-5.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :