Market research

Milled rice and broken rice market in Peru, 2026

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for milled and broken rice in Peru showed variable performance from 2018 to 2021. After a contraction to 3.2 million tons in 2019, consumption recovered over the following two years, peaking at 3.5 million tons in 2021.

Subsequently, the market volume declined. The domestic milling industry, comprising around 600 mills with strong competition between the Jungle and Lambayeque regions, faced profitability pressures that influenced production. In 2023, a reduction in credit directed specifically to rice milling, which fell to USD 43.07 million, coincided with a further decrease in output.

Consumer preferences also shaped the market structure, with higher-income segments demanding packaged, long-grain white rice, while price remained the key driver for bulk purchases in lower-income segments. Key industry organizations, including the National Committee of Rice Producers and the Peruvian Rice Millers Association, were active in the sector.

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, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Peru in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Peru by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Peru in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Peru by countries, 2018-2024, M $ 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, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Peru in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Peru by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Peru in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Peru by countries, 2018-2024, M $ 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, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Peru in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Peru by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Peru in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Peru by countries, 2018-2024, M $ 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, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Peru in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Peru by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Peru in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Peru by countries, 2018-2024, M $ 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, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ 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 milled rice and broken rice in Peru

In kind, 2017-2020, K t

From 2017 to 2020, Peru ranked 13th globally in production volume of milled rice and broken rice.

Top producers of milled rice and broken rice, 2017-2020

Source: SHEV.io

World map of production of milled rice and broken rice, 2017-2020

Source: SHEV.io

In 2020, Peru produced 3 110 K t of milled rice and broken rice, marking a moderate increase of 4.9% from the previous year. Over the period from 2017 to 2020, production grew by 7.4%, which translates to an annualized rate of 2.4%. The highest production level was recorded in 2018 at 3 200 K t, with the largest annual increase of 10.5% that year. In contrast, 2019 saw the most significant decline, with production dropping by 7.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	10.5%	(7.4%)	4.9%	2.4%

Source: SHEV.io

Exports milled rice and broken rice from Peru

Exports in kind, K t

Peru's exports of milled rice and broken rice have increased for the third consecutive year. In 2020, exports reached 45.5 K t, showing a gain of 22.7% compared to 2019. From 2017 to 2020, exports surged by 25 074.9%, with a compound annual growth rate (CAGR) of 531.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	115.0%	9 445.9%	22.7%	531.4%

Source: SHEV.io

Between 2017 and 2020, Colombia remained the dominant and nearly exclusive destination for Peru's exports of milled rice and broken rice in kind, accounting for 98.2% of the total.

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, M $ US

Peru's exports of milled rice and broken rice in value terms have risen for the third year in a row. In 2020, exports amounted to 30.2 M $ US, representing a dramatic increase of 45.2% from 2019. Over the 2017-2020 period, exports grew by 15 616.2%, with a CAGR of 439.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	90.9%	5 569.6%	45.2%	439.7%

Source: SHEV.io

From 2017 to 2020, the country structure of Peru's exports in value terms was highly concentrated, with Colombia alone making up 98.1% of total 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 milled rice and broken rice to Peru

Imports in kind, K t

Peru's imports of milled rice and broken rice in kind have increased for the second consecutive year. In 2020, imports totaled approximately 315.6 K t, corresponding to a rise of 7.8% from the prior year. However, over the 2017-2020 period, imports decreased by 21.4%, with a CAGR of 7.7%. The lowest import volume was recorded in 2018 at 271.5 K t, which also saw the largest annual decline of 32.4%. In 2019, imports rebounded with the largest increase of 7.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(32.4%)	7.8%	7.8%	(7.7%)

Source: SHEV.io

During 2017-2020, Uruguay and Brazil formed a dominant pair of markets for Peru's imports of milled rice and broken rice in kind, jointly accounting for 89.2% of total flows, while other countries represented the remaining share.

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, M $ US

Peru's imports of milled rice and broken rice in value terms have grown for the second year in a row. In 2020, imports stood at 181.1 M $ US, indicating a gradual increase of 8.7% compared to 2019. Despite this recent growth, imports decreased by 21.9% over the 2017-2020 period, with a CAGR of 7.9%. The minimum value was recorded in 2018 at 160.4 M $ US, which also experienced the largest annual decline of 30.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(30.9%)	3.9%	8.7%	(7.9%)

Source: SHEV.io

From 2017 to 2020, Uruguay and Brazil jointly absorbed 90.6% of Peru's total imports in value terms of milled rice and broken rice, with the rest distributed among smaller markets.

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