Peru: Market for Frozen Fruits And Vegetables 2024

Market Size for Frozen Fruits And Vegetables in Peru

In 2022, after two years of decline, there was significant growth in the Peruvian frozen fruits and vegetables market, when its value increased by X% to $X. Over the period under review, the total consumption indicated a measured expansion 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, consumption decreased by X% against 2019 indices. Frozen fruits and vegetables consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Frozen Fruits And Vegetables in Peru

In value terms, frozen fruits and vegetables production totaled $X in 2022 estimated in export price. In general, production showed a buoyant expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Frozen Fruits And Vegetables

Exports from Peru

Frozen fruits and vegetables exports from Peru stood at X tons in 2022, flattening at 2021 figures. Over the period under review, exports posted a remarkable increase. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, frozen fruits and vegetables exports amounted to $X in 2022. Overall, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for frozen fruits and vegetables exports from Peru, with a X% share of total exports. Moreover, frozen fruits and vegetables exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), threefold. The Netherlands (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the Netherlands (X% per year).

In value terms, the United States ($X) remains the key foreign market for frozen fruits and vegetables exports from Peru, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with an X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the average frozen fruits and vegetables export price amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, continues to indicate a mild descent. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

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

Imports of Frozen Fruits And Vegetables

Imports into Peru

In 2022, approx. X tons of frozen fruits and vegetables were imported into Peru; leveling off at the previous year. Over the period under review, total imports indicated a strong 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. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, frozen fruits and vegetables imports skyrocketed to $X in 2022. In general, total imports indicated a prominent expansion 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and France (X tons) were the main suppliers of frozen fruits and vegetables imports to Peru, together accounting for X% of total imports. Egypt, Argentina and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen fruits and vegetables suppliers to Peru were the Netherlands ($X), Belgium ($X) and France ($X), with a combined X% share of total imports. Argentina, Egypt and the United States lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Egypt, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen fruits and vegetables import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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