Dried shelled peas market in Peru

Earlier Report Observations

From 2018 to 2020, the dried shelled peas market volume in Peru showed significant fluctuations. In 2018, the market reached 85 931 metric tons, supported by agricultural sector growth driven by domestic demand and investment, along with strengthened agro-exports. The following year, volume fell to 77 025 metric tons, likely due to persistent limitations in technological and financial support for small producers. In 2020, the market expanded to 95 346 metric tons as the COVID-19 pandemic disrupted local production, increasing reliance on imports, while rising consumer interest in healthy eating boosted demand for legumes.

After 2020, market volume declined to 81 697 metric tons by 2022, partly because of tighter global food import restrictions that affected supplies. The approval of the National Agricultural Policy 2021-2030 helped raise domestic production, but this was insufficient to offset the import contraction. In 2023, the market recovered to 85 002 metric tons, aided by the implementation of the Labeling Law, which encouraged product reformulation, and the sustained consumer trend toward healthier eating.

Production dried shelled peas in Peru

In kind, 2017-2020, t

Globally, Peru ranked as the 23rd largest producer of dried shelled peas between 2017 and 2020.

Top producers of dried shelled peas, 2017-2020

World map of production of dried shelled peas, 2017-2020

Peru's production of dried shelled peas declined for the second year in a row. In 2020, the country produced 48 647 tonnes, marking a 3.0% decrease from 2019. Over the period from 2017 to 2020, production fell by 3.1%, which translates to an average annual decline of 1.1%. The highest production level was recorded in 2018 at 52 182 tonnes, with the largest increase of 3.9% occurring that year. Conversely, the most significant drop of 3.9% was observed in 2019.

Annual dynamics of production in Peru in kind, 2017-2020, t

Exports dried shelled peas from Peru

Exports in kind, t

The export market for dried shelled peas from Peru experienced notable fluctuations during this period. Exports reached their lowest point in 2018 at 87 tonnes, with the largest decline of 51.9% recorded that year. In contrast, exports peaked in 2020 at 376 tonnes, representing a substantial 301.2% increase compared to 2019. The gap between the peak and trough was 4.3 times.

Annual dynamics of product's exports from Peru in kind, 2017-2020, t

From 2017 to 2020, Ecuador was the dominant export partner for Peru's dried shelled peas in kind, accounting for 73.9% of total flows, while other markets contributed to a long tail of smaller shares.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Peru in kind, 2017-2020

Exports in value, K $ US

The export market in value terms showed an unstable trend throughout the timeframe. The lowest value was recorded in 2018 at 72 000 US dollars, with the largest decline of 35.0% occurring that year. In 2020, exports peaked at 255 000 US dollars, reflecting a sharp gain of 121.4% over the previous year. The peak-to-trough ratio was 3.5 times.

Annual dynamics of product's exports from Peru in value, 2017-2020, K $ US

Between 2017 and 2020, Ecuador, Chile, and the United States consistently remained the main destinations for Peru's dried shelled peas exports in value terms. Ecuador accounted for 67.1% of exports, Chile for 12.8%, and the United States for 8.9%, together making up 88.7% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Peru in value, 2017-2020

Imports dried shelled peas to Peru

Imports in kind, t

Peru's imports of dried shelled peas in kind saw noticeable fluctuations during this period. The lowest import volume was recorded in 2019 at 26 990 tonnes, with the largest decline of 20.2% observed that year. Imports then peaked in 2020 at approximately 47 076 tonnes, showing an uptick of 74.4% from 2019. The gap between the peak and trough was 1.7 times.

Annual dynamics of product's imports to Peru in kind, 2017-2020, t

From 2017 to 2020, the United States and Canada together accounted for 99.3% of Peru's total imports of dried shelled peas in kind, with other countries forming a diversified but less significant tail.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Peru in kind, 2017-2020

Imports in value, K $ US

The import market in value terms exhibited noticeable fluctuations. The lowest value was recorded in 2019 at 16 199 000 US dollars, with the largest decline of 19.9% occurring that year. In 2020, imports reached their highest point at 29 839 000 US dollars, up by 84.2% compared to 2019. The peak-to-trough ratio was 1.8 times.

Annual dynamics of product's imports to Peru in value, 2017-2020, K $ US

Over the period from 2017 to 2020, the United States and Canada together captured 98.3% of Peru's total imports of dried shelled peas in value terms, while the remaining flows were thinly spread across other markets.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Peru in value, 2017-2020