Apple Market Overview in Peru
In value terms, apple production soared to $ in estimated in export prices. Overall, production showed a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of % against the previous year. Over the period under review, production attained the maximum level in and is likely to see gradual growth in the near future.
In , the average apple yield in Peru was estimated at tonnes per ha, picking up by % against 2019 figures. The yield figure increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of % y-o-y. The apple yield peaked in and is expected to retain growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In , the total area harvested in terms of apples production in Peru reduced slightly to ha, flattening at 2019 figures. Overall, the harvested area saw a mild shrinkage. The pace of growth was the most pronounced in 2014 with an increase of % year-to-year. Over the period under review, the harvested area dedicated to apple production attained the maximum at ha in 2007; however, from 2008 to , the harvested area remained at a lower figure.
The value of the apple market in Peru soared 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). In general, the total consumption indicated buoyant growth from 2007 to : its value increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2018 indices. The pace of growth appeared the most rapid in 2010 with an increase of % year-to-year. Over the period under review, the market attained the maximum level in and is likely to continue growth in the immediate term.