Peru: Citrus Fruit Market 2024

Citrus Fruit Market Size in Peru

After four years of growth, the Peruvian citrus fruit market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2021, and then shrank slightly in the following year.

Citrus Fruit Production in Peru

In value terms, citrus fruit production expanded modestly to $X in 2022 estimated in export price. Overall, the total production indicated a buoyant 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 growth pace was the most rapid in 2016 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

In 2022, the average yield of citrus fruits in Peru contracted to X tons per ha, with a decrease of X% compared with 2021 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. Over the period under review, the average citrus fruit yield attained 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.

The citrus fruit harvested area in Peru fell to X ha in 2022, stabilizing at 2021 figures. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to citrus fruit production attained the maximum at X ha in 2021, and then reduced modestly in the following year.

Citrus Fruit Exports

Exports from Peru

In 2022, overseas shipments of citrus fruits decreased by X% to X tons, falling for the second year in a row after nine years of growth. Overall, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, citrus fruit exports amounted to $X in 2022. In general, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for citrus fruit exports from Peru, accounting for a X% share of total exports. Moreover, citrus fruit exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X tons), fivefold. The UK (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 amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and the UK (X% per year).

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

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

Export Prices by Country

The average citrus fruit export 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%. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Chile ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Citrus Fruit Imports

Imports into Peru

In 2022, citrus fruit imports into Peru declined rapidly to X tons, falling by X% on 2021 figures. Overall, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, citrus fruit imports declined to $X in 2022. In general, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest citrus fruit supplier to Peru, with a X% share of total imports. Moreover, citrus fruit imports from the United States exceeded the figures recorded by the second-largest supplier, Chile (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%.

In value terms, the United States ($X) constituted the largest supplier of citrus fruits to Peru, comprising X% of total imports. The second position in the ranking was held by Chile ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the average citrus fruit import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price 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, citrus fruit import price increased by X% against 2018 indices. As a result, import price reached the peak level and is likely to continue 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 the United States ($X per ton), while the price for Chile totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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