The Growing Peruvian Mandarin Industry and its 2022 Expectations

Published 2022년 4월 27일

In 2020, mandarins became the seventh most important agricultural export product in Peru and the country became the sixth-largest mandarin exporter globally. That year, Peru reached an export value of USD 234 million, representing a 30% YoY increase. Peruvian mandarin exports in 2021 reported a 5% increase in value, reaching USD 247 million. In 2022, the Peruvian mandarin sector expects a 3% increase in value, to reach USD 255 million in mandarin exports.

The Peruvian citrus season usually goes from February to September, and citruses are exported to over 35 countries. The high-quality production and shipping standards of Peruvian citruses have allowed the mandarin industry to grow. The top export destinations for Peruvian mandarins are the United States, with a 56.3% market share; the United Kingdom holding a 10.7% market share; the Netherlands, with a 9.1% market share; and Canada and China holding a 6.9% market share each.

Source: Fresh Fruit Peru, Agraria Peru

According to Fresh Fruit Peru, in 2020, mandarins became the seventh most important agricultural export product in Peru, and the country became the sixth-largest exporter globally. That year, Peru exported mandarins to 35 countries, reaching an export value of USD 234 million, representing a 30% YoY export increase. The export increase occurred due to increased global demand due to a change in consumer habits.

Peruvian mandarin exports in 2021 reported a 2% increase in volume and a 5% increase in value, reaching an export volume of USD 213,785 tons and an export value of USD 247 million. Mandarin export forecasts indicated a 15% to 20% growth in 2021, which did not occur due to an 8% decrease in demand from the United States, a cease in the global demand growth, and production problems caused by unfavorable weather.

In 2022, the Peruvian mandarin sector expects a 6% increase in volume and a 3% increase in value, reaching an export volume of 226,970 tons and an export value of USD 255 million. 2022 will come with some complications for Peruvian mandarins due to increased production costs reaching 30%, increased freight costs of up to 400%, reduced production due to unfavorable weather, and reduced citrus quality in size, color, and flavor. Despite complications, Peruvian producers expect to remain competitive because, in 2019 and 2020, they converted their crops into hybrid mandarin varieties that have better prices and are in high demand in the international market.