Peru - Chilies and Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPeru: Chili And Pepper Market 2024
Chili And Pepper Market Size in Peru
The Peruvian chili and pepper market rose significantly to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption enjoyed a buoyant expansion. Chili and pepper consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.
Chili And Pepper Production in Peru
In value terms, chili and pepper production expanded markedly to $X in 2023 estimated in export price. Overall, production posted a prominent increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Chili and pepper production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.
The average yield of chilies and peppers (green) in Peru was estimated at X tons per ha in 2023, approximately mirroring the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2019 with an increase of X%. The chili and pepper yield peaked at X tons per ha in 2020; however, from 2021 to 2023, 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.
The chili and pepper harvested area in Peru was estimated at X ha in 2023, flattening at the previous year's figure. The harvested area increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha; afterwards, it flattened through to 2023.
Chili And Pepper Exports
Exports from Peru
In 2023, overseas shipments of chilies and peppers (green) were finally on the rise to reach X tons after three years of decline. In general, exports recorded notable growth. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2023, the exports failed to regain momentum.
In value terms, chili and pepper exports skyrocketed to $X in 2023. Over the period under review, exports enjoyed resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2023, the exports remained at a lower figure.
Exports by Country
Italy (X tons), the United States (X tons) and Spain (X tons) were the main destinations of chili and pepper exports from Peru, with a combined X% share of total exports. Germany, Chile, Estonia, Switzerland and the Netherlands lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Italy ($X), the United States ($X) and Spain ($X) were the largest markets for chili and pepper exported from Peru worldwide, together comprising X% of total exports. Germany, the Netherlands, Switzerland, Chile and Estonia lagged somewhat behind, together comprising a further X%.
Germany, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average chili and pepper export price stood at $X per ton in 2023, growing by X% against the previous year. In general, export price indicated noticeable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, chili and pepper export price decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.
From 2012 to 2023, 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.
Chili And Pepper Imports
Imports into Peru
In 2023, after three years of growth, there was significant decline in supplies from abroad of chilies and peppers (green), when their volume decreased by X% to X kg. Overall, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.
In value terms, chili and pepper imports dropped notably to $X in 2023. In general, imports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, the United States (X kg) was the main chili and pepper supplier to Peru, with a approx. X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of volume from the United States amounted to X%.
In value terms, the United States ($X) constituted the largest supplier of chilies and peppers (green) to Peru.
From 2012 to 2023, the average annual growth rate of value from the United States amounted to X%.
Import Prices by Country
The average chili and pepper import price stood at $X per ton in 2023, with an increase of X% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2023, the rate of growth in terms of prices for the United States amounted to X% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the chili and pepper market in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 401 - Chillies and peppers (green)
Country coverage:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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