Browse Data and Analysis

Grape production in Peru is forecast to reach 790,000 metric tons (MT) in marketing year (MY) 2024/2025, an increase of two percent compared to the previous year. The expected increase is due to improved climatic conditions in northern coastal regions which represents 48 percent of the total production area.

Since 2011, Peru has continued its moratorium on biotechnology due to concern on its impact to the environment. The scientific community, however pledges to adopt it . In January 2021, Peru extended the previous ten-year biotechnology moratorium for another fifteen years.

The food retail sector in Peru is anticipated to experience 5 percent growth by the conclusion of 2024, attributed to the overall enhancement in the country's economic landscape and targeted strategies devised by both the modern and traditional food channels.

Peru’s mandarin/tangerine production and exports are expected to recover and increase by two and three percent, respectively, in MY 2023/2024 (March 2024 to February 2025). Production is forecast to reach 560,000 metric tons (MT), while exports are forecast to recover to 210,000 MT.

Peru's coffee production and exports look to continue their recent growth trends and are expected to increase seven and six percent, respectively, in marketing year (MY) 2024/25. Production is forecast to reach 4.22 million 60-kilogram bags in MY 2024/2025, while exports are forecast at 4.07 million bags.

Sugar cane production in marketing year (MY) 2025 is forecast at 10.2 milllion metric tons (MMT). Cane sugar production in MY 2025 is forecast to reach 1.3 MMT, increasing 14 percent compared to the previous year.

Peru has a robust food processing industry that is an integral part of its economy. The food industry contributes to nearly 27 percent of the country's industrial gross domestic product (GDP). However, the non-primary manufacturing sector, which encompasses food and beverage production, experienced a decline of 8.1 percent in 2023.

Wheat imports in marketing year (MY) 2024/2025 are forecast at 2 million metric tons (MMT). Canada led the Peruvian wheat market in calendar year (CY) 2023 with 72 percent market share.

After the 2023/24 El Niño cycle, fishmeal production in marketing year (MY) 2024/25 is expected to recuperate back to 1.1 million metric tons (MMT), a 39 percent increase compared to the previous year's estimates.

Following nearly exponential growth in the last decade, Peru's blueberry export volume fell in 2023 as a result of warmer weather conditions, especially in the principal production areas of northern Peru, which severely limited flowering between March and October.

FAS Lima forecasts Peruvian mandarin/tangerine production at 545,000 metric tons (MT) for marketing year (MY) 2023/24 (March 2024 to February 2025), a decrease of one percent compared to the previous year.

Peru is the second largest export market for U.S. agricultural products in South America. U.S.-origin food and agricultural product exports to Peru benefit significantly from the U.S. - Peru Trade Promotion Agreement (PTPA).