Grapefruit Market in Peru
Market Overview
Please note: Annual data for 2022 are preliminary and subject to revision
In 
, the Peruvian grapefruit market increased by % to $, rising for the second year in a row after three years of decline. In general, the total consumption indicated perceptible growth from 2007 to : its value 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, consumption increased by +% against indices. Grapefruit consumption peaked at $ in 2017; however, from 2018 to , consumption failed to regain momentum.
In value terms, grapefruit production rose modestly to $ in estimated in export price. In general, production, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2011 with an increase of % against the previous year. Over the period under review, production attained the maximum level at $ in 2017; however, from 2018 to , production remained at a lower figure.
The average yield of grapefruits in Peru totaled tons per ha in , approximately reflecting . In general, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the yield increased by %. As a result, the yield attained the peak level of tons per ha. From 2016 to , the growth of the average grapefruit yield remained 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.
In, approx. ha of grapefruits were harvested in Peru; flattening at the previous year. Overall, the total harvested area indicated a moderate increase from 2007 to : its figure increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, grapefruit harvested area decreased by +% against indices. The pace of growth appeared the most rapid in 2009 with an increase of % against the previous year. Over the period under review, the harvested area dedicated to grapefruit production attained the peak figure at ha in 2014; however, from 2015 to , the harvested area stood at a somewhat lower figure.
, the Peruvian grapefruit market increased by % to $, rising for the second year in a row after three years of decline. In general, the total consumption indicated perceptible growth from 2007 to : its value 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, consumption increased by +% against indices. Grapefruit consumption peaked at $ in 2017; however, from 2018 to , consumption failed to regain momentum.In value terms, grapefruit production rose modestly to $
in estimated in export price. In general, production, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2011 with an increase of % against the previous year. Over the period under review, production attained the maximum level at $ in 2017; however, from 2018 to , production remained at a lower figure.The average yield of grapefruits in Peru totaled
tons per ha in , approximately reflecting . In general, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the yield increased by %. As a result, the yield attained the peak level of tons per ha. From 2016 to , the growth of the average grapefruit yield remained 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.In
, approx. ha of grapefruits were harvested in Peru; flattening at the previous year. Overall, the total harvested area indicated a moderate increase from 2007 to : its figure increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, grapefruit harvested area decreased by +% against indices. The pace of growth appeared the most rapid in 2009 with an increase of % against the previous year. Over the period under review, the harvested area dedicated to grapefruit production attained the peak figure at ha in 2014; however, from 2015 to , the harvested area stood at a somewhat lower figure.Consumption
Please note: Annual data for 2022 are preliminary and subject to revision
In , consumption of grapefruits increased by % to tons, rising for the second year in a row after three years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, consumption reached the peak volume at tons in 2015; however, from 2016 to , consumption remained at a lower figure.
The revenue of the grapefruit market in Peru was estimated at $ in , with an increase of % 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, the total consumption indicated a perceptible increase from 2007 to : its value 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, consumption increased by +% against indices. Over the period under review, the market reached the peak level at $ in 2017; however, from 2018 to , consumption remained at a lower figure.
, consumption of grapefruits increased by % to tons, rising for the second year in a row after three years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, consumption reached the peak volume at tons in 2015; however, from 2016 to , consumption remained at a lower figure.The revenue of the grapefruit market in Peru was estimated at $
in , with an increase of % 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, the total consumption indicated a perceptible increase from 2007 to : its value 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, consumption increased by +% against indices. Over the period under review, the market reached the peak level at $ in 2017; however, from 2018 to , consumption remained at a lower figure.Market Forecast
Please note: Annual data for 2022 are preliminary and subject to revision
Driven by increasing demand for grapefruit in Peru, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, 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
Please note: Annual data for 2022 are preliminary and subject to revision
Over the period under review, imports of grapefruit 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 grapefruit. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.Trade Balance
Please note: Annual data for 2022 are preliminary and subject to revision
Peru remains a net exporter of grapefruit; 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.
Download XLSX
Download all the data in the form of a report