Market research

Milk and cream market in Peru

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for milk and cream in Peru showed consistent growth from 2018 to 2022, expanding from 2.2 million t to 2.38 million t. This increase was supported by rising consumption of processed dairy products like cheese and yogurt, which boosted domestic demand, along with government policies favoring dairy farming development.

Market concentration remained high throughout the period, with three major players—Gloria, Laive, and Nestlé—controlling over 90% of the market. Investments in production capacity, including the commissioning of a modern pasteurization plant in Lambayeque in 2022, enhanced product quality and availability. Consumer preferences also shifted towards healthier, protein-rich options.

After peaking in 2022, both production and market volume dipped slightly in 2023 to 2.33 million t. The HORECA sector continued to develop, and milk usage in traditional dishes and beverages maintained steady demand.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Peru
  1. 5.1.1. Annual dynamics of production in Peru in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Peru in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Peru in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Peru by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Peru in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Peru by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Peru, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Peru by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Peru in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Peru by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Peru in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Peru by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Peru, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Peru by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Peru in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Peru by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Peru in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Peru by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Peru, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Peru by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Peru in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Peru by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Peru in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Peru by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Peru, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Peru by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production milk and cream in Peru

In kind, 2017-2020, K t

Top producers of milk and cream, 2017-2020

Source: SHEV.io

World map of production of milk and cream, 2017-2020

Source: SHEV.io

Peru's milk and cream production has grown for the third year in a row. In 2020, the country produced 2 289 thousand tonnes, marking a 1.3% increase from the previous year. Looking at the period from 2017 to 2020, production rose by 6.9%, which translates to an average annual growth rate of 2.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.9%	2.6%	1.3%	2.3%

Source: SHEV.io

Exports milk and cream from Peru

Exports in kind, t

In 2020, Peru exported 914 tonnes of milk and cream, up 7.4% from 2019. Over the 2017-2020 period, exports grew by 9.9%, with a compound annual growth rate of 3.2%. The highest export volume was recorded in 2018 at 1 215 tonnes, which represented a 46.1% increase from the previous year. In contrast, 2019 saw the largest decline of 30.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	46.1%	(30.0%)	7.4%	3.2%

Source: SHEV.io

From 2017 to 2020, the three largest markets for Peru's milk and cream exports in volume terms were Aruba, Chile, and Curacao. Together, they accounted for 66.0% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

In 2020, the value of Peru's milk and cream exports reached 916 thousand US dollars, a 40.7% increase compared to 2019. Between 2017 and 2020, export value grew by 36%, averaging an annual rate of 10.8%. The lowest value was recorded in 2019 at 651 thousand US dollars, which marked a 38.2% decline from the previous year. The peak value occurred in 2018 at 1 053 thousand US dollars, reflecting a 56.4% increase.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	56.4%	(38.2%)	40.7%	10.8%

Source: SHEV.io

During 2017-2020, Aruba, Chile, and Curacao remained the top markets for Peru's milk and cream exports in value terms, collectively representing 65.9% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports milk and cream to Peru

Imports in kind, t

The data shows irregular changes, indicating a volatile market environment. In 2018, imports bottomed out at 834 tonnes, with a slight decline of 0.8% from the previous year. By 2020, imports peaked at 3 646 tonnes, a 185.2% increase year-over-year. Overall, imports in 2020 were 4.4 times higher than in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.8%)	53.3%	185.2%	63.1%

Source: SHEV.io

From 2017 to 2020, the main sources for Peru's milk and cream imports in volume terms were Poland (51.4% of imports), Brazil (23.3%), and Spain (13.4%). Together, these three countries accounted for 88.1% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Peru's milk and cream imports have increased for the third consecutive year. In 2020, imports amounted to approximately 3 649 thousand US dollars, up 195.8% from 2019. Over the 2017-2020 period, import value surged by 292.7%, equating to an average annual growth rate of 57.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.2%	29.9%	195.8%	57.8%

Source: SHEV.io

Between 2017 and 2020, Brazil (47.9% of import value), Poland (30.6%), and Spain (9.8%) were the primary sources for Peru's milk and cream imports in value terms. Combined, they made up 88.4% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io