Honey market in Peru, 2026

Earlier Report Observations

The honey market in Peru showed significant volatility from 2018 to 2023. After stable volumes around 1 640–1 650 т in the initial years, the market expanded sharply to 1 883 т in 2020 and further to 2 058 т in 2021, marking a peak growth phase.

This upward trend reversed in 2022, with the market volume falling to 1 762 т and then stabilizing at 1 757 т in 2023. The fluctuations closely mirrored import dynamics, where imports spiked to 385 т in 2021 before dropping below 100 т, indicating a substantial impact on total market supply.

Production honey in Peru

In kind, 2017-2020, t

Top producers of honey, 2017-2020

World map of production of honey, 2017-2020

Peru's honey production increased for the second consecutive year. In 2020, the country produced 1 637 tons of honey, which represents a 1.4% increase compared to the previous year. Looking at the period from 2017 to 2020, production grew by 2.3%, translating to an annualized growth rate of 0.8%. The most significant decline occurred in 2018, when production remained essentially unchanged.

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

Exports honey from Peru

Exports in kind, t

The export market for honey showed considerable volatility during these years. The lowest export volume was recorded in 2017, while the highest was in 2019, with a 7.9-fold difference between these two years. In 2020, Peru exported 3.0 tons of honey abroad, marking a dramatic decrease of 74.9% from the previous year. The peak export volume was 12.1 tons in 2019, which also saw the largest increase of 443.9%.

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

From 2017 to 2020, Malaysia and the United States were the primary markets for Peru's honey exports in volume terms, together accounting for 98.3% of total shipments. Other destinations played a relatively minor role during this period.

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

Peru's honey exports in value terms increased for the third consecutive year. In 2020, exports reached 17.0 thousand US dollars, reflecting a strong growth of 21.1% compared to the previous year. Over the 2017-2020 period, export value surged by 238.6%, with a compound annual growth rate of 50.2%.

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

Between 2017 and 2020, the United States dominated Peru's honey exports in value terms, capturing 76.1% of the total. The remaining share was distributed among numerous other countries, each with relatively small individual contributions.

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

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

Imports honey to Peru

Imports in kind, t

The import market for honey exhibited significant volatility over these years. The lowest import volume was recorded in 2018, while the peak occurred in 2020, showing a 5.5-fold amplitude between these extremes. In 2020, Peru imported 249.1 tons of honey, representing a substantial year-on-year increase of 445.4%. The minimum import volume was 45.2 tons in 2018, which also saw the largest decline of 1.5%.

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

During the 2017-2020 period, Spain was the overwhelmingly dominant source for Peru's honey imports in volume terms, accounting for 99.6% of the total.

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 honey import market displayed notable volatility throughout the observed period. The minimum import value was recorded in 2019, while the maximum was reached in 2020, representing a 5.5-fold shift. In 2020, Peru imported approximately 811.7 thousand US dollars worth of honey, showing a steep increase of 449.8% compared to 2019. The lowest import value was 147.6 thousand US dollars in 2019, and the largest decline occurred in 2018 at 4.5%.

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

From 2017 to 2020, Spain clearly dominated as the main supplier of honey to Peru in value terms, capturing 98.6% of total imports.

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

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