Kiwi Fruit Market in Peru
Market Overview
In 
, after two years of growth, there was significant decline in the Peruvian kiwi fruit market, when its value decreased by -% to $. Over the period under review, consumption, however, enjoyed resilient growth. Kiwi fruit consumption peaked at $ in 2018; however, from 2019 to , consumption remained at a lower figure.
, after two years of growth, there was significant decline in the Peruvian kiwi fruit market, when its value decreased by -% to $. Over the period under review, consumption, however, enjoyed resilient growth. Kiwi fruit consumption peaked at $ in 2018; however, from 2019 to , consumption remained at a lower figure.Consumption
In , consumption of kiwi fruit decreased by -% to tons, falling for the fourth consecutive year after four years of growth. Overall, consumption, however, continues to indicate buoyant growth. Kiwi fruit consumption peaked at tons in 2018; however, from 2019 to , consumption failed to regain momentum.
The revenue of the kiwi fruit market in Peru fell to $ in , with a decrease 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). Over the period under review, consumption, however, showed resilient growth. Over the period under review, the market hit record highs at $ in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.
, consumption of kiwi fruit decreased by -% to tons, falling for the fourth consecutive year after four years of growth. Overall, consumption, however, continues to indicate buoyant growth. Kiwi fruit consumption peaked at tons in 2018; however, from 2019 to , consumption failed to regain momentum.The revenue of the kiwi fruit market in Peru fell to $
in , with a decrease 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). Over the period under review, consumption, however, showed resilient growth. Over the period under review, the market hit record highs at $ in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.Market Forecast
Driven by increasing demand for kiwi fruit 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
Kiwi fruit market in Peru consists almost entirely of imported products.
Trade Balance
Peru remains a net importer of kiwi fruit; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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