Opinion

Fruits and Vegetables, the Driver of Peruvian Agricultural Exports

Fruits
Vegetables
Peru
Published Mar 16, 2022
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In 2021, Peruvian agricultural exports reached USD 9.17 billion in sales, representing an 18% growth from 2020. Fruits and vegetables accounted for over USD 5.45 billion in exports, representing 65% of non-traditional Peruvian agricultural exports. The increase in exports is attributed to the opening of new markets, increasing demand, and increasing supply. Some of the main fruits and vegetables exported in 2021 included blueberries, grapes, avocado, asparagus, and mango. It is predicted there will also be an agricultural export increase in 2022.

According to the Ministry of Agricultural Development and Irrigation (MIDAGRI), in 2021, Peruvian agricultural exports reached USD 9.17 billion in sales, representing an 18% growth rate from 2020. Fruits and vegetables accounted for over USD 5.45 billion in exports, representing a 19% increase from 2020 and 65% of non-traditional agricultural exports in Peru.


Source: MIDAGRI

According to the Peruvian Agro-exports Exporter Association (ADEX), fruit exports totaled over USD 4.20 billion from January to November 2021, representing a 26% increase compared to the same period in 2020. On the other hand, vegetable exports totaled USD 0.93 billion from January to November 2021, representing a 4.4% increase from the same period in 2020.


 Source: ADEX

The opening of new markets for agricultural products in the northern hemisphere is the main factor influencing the Peruvian export rise. The increasing global demand for fruits and vegetables was highly influenced by COVID-19 as consumers started actively searching for high-quality products that are high in nutrition. The increase in global demand for fruits and vegetables contributed to the rising demand for Peruvian produce. This was coupled with increased supply, with an increasing number of participation from family-owned farms that produce fruits and vegetables. Currently, family-owned production farms account for 10% to 15% of all agricultural exports.

The main destinations for Peruvian Agricultural exports in 2021 included the United States, the Netherlands, Spain, England, Chile, China, Germany, Ecuador, Hong Kong, and Canada. This group of countries accounted for 77% of total exports. Some of the main fruits and vegetables exported in 2021 included blueberries, grapes, avocado, asparagus, and mango.

Blueberries account for 14% of non-traditional Peruvian agricultural exports. In 2021, the Peruvian blueberry export value reached USD 1.2 billion, representing a 20% increase from 2020. So far, this 2021/2022 Peruvian blueberry season is already showing a 26% increase in the export value.

The export value of Peruvian grapes reached USD 1.2 million in 2021, which accounts for 14% of non-traditional agricultural exports. Last year, the grape export value increased by 15% from 2020, and predictions state that during the 2021/2022 grape season, exports will increase further by 12%.

In 2021, Peruvian avocado exports reached USD 1.08 billion, representing 13% of the country´s non-traditional agricultural exports. Peruvian avocados faced a 43% increase in exports last year, and it is predicted to rise by 14.3% this year.

Fresh asparagus held a 4.9% share of non-traditional agricultural exports in 2021, representing an export value of USD 405 million. Peruvian asparagus exports grew by 7.3% last year, and it is expected this year exports will rise by a similar amount due to the increasing global demand for asparagus.

In 2021, the export value for Peruvian mangoes reached USD 319 million, representing 3.8% of non-traditional agricultural exports. Peruvian mango exports grew by 14% in 2021 since the previous year, and this 2022 season already shows a 10% increase in exports.

Altogether, these products represent 49.7% of the non-traditional agricultural exports. Taking into account the projected export increase of each of these products, Peruvian exports of fruits and vegetables are expected to grow even further in 2022.

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