Figs market in Peru

Earlier Report Observations

Between 2018 and 2021, the volume of the fresh fig market in Peru contracted from 2 252 t to 1 690 t. This decline was primarily driven by a strategic shift toward exports, which reduced domestic availability. In 2018, scarcity in Lima markets due to production issues in the traditional Chilca zone already signaled supply constraints. However, from 2020 onward, the opening of new export destinations like the Netherlands, Germany, Hong Kong, and the United States, supported by investments in phytosanitary irradiation treatments, redirected a significant portion of the harvest abroad. Expectations of access to the U.S. market under the trade agreement further intensified export-oriented production in 2021.

After 2021, domestic market volume stabilized around 1 700 t. In 2022, logistical bottlenecks at Callao port and in northern regions temporarily limited export dispatches, even as cultivated area expanded in Chilca and other zones. The following year, export volume grew by 15%, but its value fell by 10%, and the entry of new exporters such as Frutícola del Sur S.A. and Fundo La Kiarita S.A.C. reshaped the export landscape. Simultaneously, an oversupply in the domestic market from January onward—representing about 60% of the harvest—depressed local prices, contributing to a slight recovery in internal consumption to 1 717 t in 2023.

Production figs in Peru

In kind, 2017-2020, t

From 2017 to 2020, Peru ranked as the 29th largest producer of figs globally.

Top producers of figs, 2017-2020

World map of production of figs, 2017-2020

After two years of growth, fig production in Peru declined. In 2020, the country produced 3 033 tons of figs, a decrease of 1.9% compared to the previous year. Over the 2017-2020 period, production increased by 10.6%, with a compound annual growth rate of 3.4%. The highest production level was recorded in 2019 at 3 093 tons, while the largest annual increase occurred in 2018 at 8.4%.

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

In value, 2017-2020, K $ US

Fig production in Peru declined for the third consecutive year. In 2020, the output was valued at 17 284 thousand US dollars, representing a 7.7% decrease from the previous year. Between 2017 and 2020, production value fell by 19.2%, equivalent to an annualized decline of 6.8%.

Annual dynamics of production in Peru in value, 2017-2020, K $ US

Exports figs from Peru

Exports in kind, t

Peru's fig export volume increased for the third consecutive year. In 2020, exports reached 956.2 tons, showing a robust year-over-year growth of 19.4%. From 2017 to 2020, exports surged by 375.5%, translating to an annualized growth rate of 68.2%.

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

Between 2017 and 2020, the Netherlands (33.9% of export volume), the United Kingdom (24.7%), and Canada (10.3%) were the main destinations for Peru's fig exports, collectively accounting for 68.9% of total export flows.

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 data shows irregular changes, indicating a volatile market environment. Export values reached their lowest point in 2017 and peaked in 2020, with the peak value being 3.5 times higher than the trough. In 2020, Peru's fig export value amounted to 5 450 thousand US dollars, marking a 12.4% increase from the previous year. The largest decline occurred in 2019 at 3.6%, while the largest increase was recorded in 2018 at 221.1%.

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

From 2017 to 2020, the Netherlands (34.2% of export value), the United Kingdom (24.2%), and Canada (9.2%) led the export structure in value terms, together representing 67.6% 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 figs to Peru

Imports in kind, t

Market performance showed noticeable fluctuations during this period. Import levels reached their lowest point in 2018 and peaked in 2017, with the peak being 10 times higher than the trough. In 2020, Peru's fig imports were recorded at 3.9 tons, a 22.2% increase from the previous year. The minimum value was in 2018 at 1.4 tons, with the largest decline that year at 90.0% and the largest increase in 2019 at 121.1%.

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

Throughout 2017-2020, Turkey dominated the import structure in kind, consistently accounting for 99.8% of total import flows.

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 data reveals irregular changes, pointing to a volatile market environment. Import values bottomed out in 2018 and peaked in 2017, with the peak value 8.1 times higher than the trough. In 2020, Peru's imported fig volume was valued at 17 thousand US dollars, a 15.6% increase from the previous year. The minimum value was recorded in 2018 at 6 thousand US dollars, with the largest decline that year at 87.7% and the largest increase in 2019 at 150.5%.

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

Over the 2017-2020 period, virtually all fig imports to Peru in value terms were associated with Turkey, which accounted for 99.6% of total import flows.

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

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