Grapes market in Peru

Earlier Report Observations

The Peruvian grape market volume showed a fluctuating but upward trajectory from 2018 to 2023, rising from 311 thousand tons to 345 thousand tons. This increase was underpinned by a substantial expansion in production, which grew from 646 thousand tons to 993 thousand tons over the same period. The industry's strategic shift toward seedless grape varieties, driven by their higher demand in international markets, encouraged investment in new vineyards and improved agricultural practices.

Market access developments played a pivotal role, with Japan officially opening its market to Peruvian table grapes in 2022 after years of negotiations. The entry of new players, including 149 exporting enterprises in 2021 and the Chilean company VECS, intensified competition and enhanced export capabilities. Simultaneously, the implementation of quality standards by INACAL and vineyard certification programs by SENASA boosted production efficiency and product quality, supporting domestic availability despite growing exports.

While facing challenges such as port logistics disruptions during the pandemic and the El Niño phenomenon in 2023, the sector's focus on varietal diversification and infrastructure investments, including port expansions, allowed production to continue growing. Rising demand from markets like Mexico and the United States further motivated production increases, ensuring sufficient supply for both export and domestic consumption.

Production grapes in Peru

In kind, 2017-2020, K t

From 2017 to 2020, Peru ranked 21st globally in grape production volume.

Top producers of grapes, 2017-2020

World map of production of grapes, 2017-2020

In 2020, Peru produced 733.5 K t of grapes, marking a 14.6% increase compared to 2019. Over the 2017-2020 period, production grew by 13.7%, with a compound annual growth rate (CAGR) of 4.4%. The lowest production level was recorded in 2019 at 639.8 K t, which saw a slight decline of 0.9%.

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

In value, 2017-2020, M $ US

Following a two-year decline, Peru's grape production volume rebounded. In 2020, the output was valued at 1 748 M $ US, reflecting a significant 17.1% increase from the previous year. Over the 2017-2020 period, production rose by 12.1%, with a CAGR of 3.9%. The lowest value was recorded in 2019 at 1 494 M $ US, while the largest decline occurred in 2018 at 2.4%.

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

Exports grapes from Peru

Exports in kind, K t

Peru's grape export volumes increased for the third consecutive year. In 2020, exports reached 416.2 K t, representing a 10.4% year-over-year growth. From 2017 to 2020, exports surged by 53.7%, with a CAGR of 15.4%.

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

Between 2017 and 2020, the United States (36.8% of exports in kind), the Netherlands (16.1%), and Hong Kong (10.2%) were the primary markets for Peru's grape exports, collectively accounting for 63.0% of total 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, M $ US

Peru's grape export values rose for the third year in a row. In 2020, exports amounted to 992.1 M $ US, showing a substantial 12.7% increase compared to the previous year. From 2017 to 2020, exports grew by 51.6%, equating to an annualized rate of 14.9%.

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

During the 2017-2020 period, the United States (42.5% of exports in value terms), the Netherlands (13.9%), and Hong Kong (9.2%) formed the key group of partners for Peru's grape exports, jointly representing 65.6% 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 grapes to Peru

Imports in kind, K t

Peru's grape imports declined for the third consecutive year. In 2020, imports totaled 0.0 K t, corresponding to an 11.9% year-over-year decrease. Between 2017 and 2020, imports fell by 24.6%, with an annualized decline rate of 9.0%.

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

From 2017 to 2020, Chile dominated Peru's grape import structure in kind, holding a 71.2% share of total flows, while other markets had relatively modest shares.

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, M $ US

Peru's grape imports decreased for the second consecutive year. In 2020, imports reached 14.5 M $ US, down by 18.3% relative to the prior year. Over the 2017-2020 period, imports dropped by 15.7%, with a CAGR of -5.5%. The highest value was recorded in 2018 at 20.7 M $ US, which also saw the largest increase of 20.7%.

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

In the 2017-2020 period, Chile remained the main market for Peru's grape imports in value terms, with a 70.3% share of total flows, while the remainder was distributed across numerous other destinations.

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

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