Browse Data and Analysis

Peru´s food retail sector is projected to grow 5.3 percent in 2022, reaching $26.3 billion. Growth is expected to be driven by better performance of the modern channel, especially in the development of new store formats and an aggressive discounting campaign to encourage sales.

For calendar year (CY) 2022, Post forecasts pulses area harvested will increase by 3 percent and production will total 295,000 metric tons (MT) as a response to high international prices and shorter supply. Post estimates CY 2022 pulse imports to decrease to 40,000 MT due to higher domestic production, higher pulse prices, existing stocks, higher freight costs, and a strong U.S. dollar.

Throughout mid 2021 to early 2022, FAS Lima conducted twelve activities under the "Eat More Pulses" campaign to promote consumption of pulses nationwide. The goal of the campaign is to expand the Peruvian market for pulses.

Coffee production in MY 2022/2023 is forecast at 4.03 million 60-kilogram bags, an increase of two percent from the previous year. Peru’s coffee exports in MY 2022/2023 are forecast at 3.95 million 60-kilogram bags, a slight increase from the previous year.

Sugar cane production in MY 2023 is forecast at 11 MMT while cane sugar production if forecast to reach 1.32 MMT. Higher sugar prices are expected to encourage higher sugar output. The United States remains the main market for Peruvian sugar exports under the TRQ program.

Peru’s food processing industry is a dynamic sector of the national economy. The food industry in Peru accounts for almost 27 percent of the industrial gross domestic product. The sector rebounded from a slight drop in 2020, achieving a 9.8 percent growth in 2021. U.S.-origin food processing ingredient exports to Peru reached $196 million in 2021.

Peruvian wheat production in MY 2022/2023 is forecast at 220,000 MT. Wheat imports in MY 2022/2023 are forecast at 2.25 MMT. Corn production in MY 2022/2023 is forecast at 1.7 MMT.

Fishmeal exports reached a surprising 1.2 million metric tons (MMT) in MY 2021, the highest amount in ten years. However, production and exports are forecast to return to more normal levels at 910,000 and 896,000 metric tons, respectively.

Peru is the third largest export market for U.S. agricultural products in South America. For over a decade, Peru has been one of the world’s top performing economies, registering sustained high growth accompanied by low inflation.

This report identifies Peru’s import requirements for (foreign) export certificates. Current procedures are highlighted and relevant agencies with oversight of these issues are identified.

This report outlines Peru’s regulatory requirements for food and agricultural product imports and updates and replaces the 2020 report. Agricultural imports into Peru have returned to a growing pace with respect 2020 and there are no significant trade issues.

Milk production in calendar year (CY) 2021 is estimated at 2.2 MMT, an increase of three percent compared to the previous year.