Pineapple Market in Peru
Market Overview
The Peruvian pineapple market rose slightly to $
in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded buoyant growth. Over the period under review, the market reached the maximum level at $ in ; however, from to , consumption stood at a somewhat lower figure.
In value terms, pineapple production rose remarkably to $ in estimated in export price. In general, production, however, posted a strong increase. The growth pace was the most rapid in 2017 with an increase of %. Over the period under review, production reached the maximum level at $ in ; however, from to , production stood at a somewhat lower figure.
The average yield of pineapples in Peru reached tons per ha in , approximately equating . Over the period under review, the yield indicated resilient growth from 2007 to : its figure increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, pineapple yield decreased by -% against indices. The pace of growth was the most pronounced in 2008 when the yield increased by %. The pineapple yield peaked at tons per ha in ; however, from to , the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In, the pineapple harvested area in Peru fell slightly to ha, which is down by -% against figures. In general, the harvested area, however, continues to indicate a mild increase. The growth pace was the most rapid in 2014 with an increase of %. Over the period under review, the harvested area dedicated to pineapple production attained the peak figure at ha in , and then reduced in the following year.
in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded buoyant growth. Over the period under review, the market reached the maximum level at $ in ; however, from to , consumption stood at a somewhat lower figure.In value terms, pineapple production rose remarkably to $
in estimated in export price. In general, production, however, posted a strong increase. The growth pace was the most rapid in 2017 with an increase of %. Over the period under review, production reached the maximum level at $ in ; however, from to , production stood at a somewhat lower figure.The average yield of pineapples in Peru reached
tons per ha in , approximately equating . Over the period under review, the yield indicated resilient growth from 2007 to : its figure increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, pineapple yield decreased by -% against indices. The pace of growth was the most pronounced in 2008 when the yield increased by %. The pineapple yield peaked at tons per ha in ; however, from to , the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.In
, the pineapple harvested area in Peru fell slightly to ha, which is down by -% against figures. In general, the harvested area, however, continues to indicate a mild increase. The growth pace was the most rapid in 2014 with an increase of %. Over the period under review, the harvested area dedicated to pineapple production attained the peak figure at ha in , and then reduced in the following year.Consumption
In , after six years of growth, there was decline in consumption of pineapples, when its volume decreased by -% to tons. Overall, consumption, however, saw a buoyant increase. Pineapple consumption peaked at tons in , and then reduced modestly in the following year.
The size of the pineapple market in Peru totaled $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted a strong expansion. Pineapple consumption peaked at $ in ; however, from to , consumption stood at a somewhat lower figure.
, after six years of growth, there was decline in consumption of pineapples, when its volume decreased by -% to tons. Overall, consumption, however, saw a buoyant increase. Pineapple consumption peaked at tons in , and then reduced modestly in the following year.The size of the pineapple market in Peru totaled $
in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted a strong expansion. Pineapple consumption peaked at $ in ; however, from to , consumption stood at a somewhat lower figure.Market Forecast
Driven by increasing demand for pineapples in Peru, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of pineapple in Peru were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for pineapple.
Trade Balance
Peru remains a net exporter of pineapple; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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