Market research

Palm nuts and kernels market in Peru

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The palm nuts and kernels market in Peru, measured by production volume, experienced significant growth over the 2018–2023 period, rising from 921 thousand tons to 1 436 thousand tons. This overall increase was not steady, with notable fluctuations along the way.

After a stable period in 2018 and 2019, production dipped to 898 thousand tons in 2020. However, it surged dramatically in the following two years, jumping by over 30% to 1 173 thousand tons in 2021 and by another 28% to 1 505 thousand tons in 2022. The market then saw a modest contraction of about 5% in 2023, settling at 1 436 thousand tons.

The most striking feature of this period was the rapid expansion from 2020 to 2022, where production volume increased by more than 600 thousand tons, highlighting a phase of substantial market growth before the slight pullback in 2023.

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. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's exports from Peru in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's exports in kind from Peru by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Peru in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Peru by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Peru, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Peru by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's exports from Peru in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's exports in kind from Peru by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Peru in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Peru by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Peru, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Peru by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's imports to Peru in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's imports in kind to Peru by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Peru in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Peru by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Peru, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Peru by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's imports to Peru in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's imports in kind to Peru by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Peru in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Peru by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Peru, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Peru by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  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 palm nuts and kernels in Peru

In kind, 2017-2020, K t

Globally, Peru ranked as the 17th largest producer of palm nuts and kernels from 2017 to 2020.

Top producers of palm nuts and kernels, 2017-2020

Source: SHEV.io

World map of production of palm nuts and kernels, 2017-2020

Source: SHEV.io

Peru's production of palm nuts and kernels saw a two-year increase before declining. In 2020, the country produced 898.5 thousand tonnes, marking a 3.6% decrease from the previous year. Over the 2017–2020 period, production grew by 5.5%, which translates to an average annual rate of 1.8%. The highest production volume was recorded in 2019 at 932.2 thousand tonnes, with the largest year-on-year increase occurring in 2018 at 8.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.1%	1.2%	(3.6%)	1.8%

Source: SHEV.io

Exports palm nuts and kernels from Peru

Exports in kind, kg

Export volumes showed an unstable trend during this period. In 2019, Peru exported 5.3 kilograms of palm nuts and kernels, a sharp 98.3% drop from the previous year. The peak was reached in 2018 with 316.1 kilograms, representing a massive 1,305.7% increase that year. Overall, exports fluctuated significantly, with a 59-fold difference between the low in 2019 and the high in 2018.

Annual dynamics of product's exports from Peru in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	1 305.7%	(98.3%)	n/a	-

Source: SHEV.io

From 2017 to 2020, Aruba was the main destination for Peru's exports of palm nuts and kernels in volume terms, accounting for 88.6% of total flows. Other markets contributed smaller shares, forming a long tail of minor trading partners.

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, $ US

The export market in value terms was marked by volatility. In 2019, Peru's exports of palm nuts and kernels amounted to 8.1 US dollars, a dramatic 99.2% decrease year-on-year. The highest value was recorded in 2018 at 954.4 US dollars, which saw a 1,099.0% surge that year. Exports varied widely, with a 119-fold gap between the low in 2019 and the peak in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1 099.0%	(99.2%)	n/a	-

Source: SHEV.io

During 2017–2020, Aruba was the primary recipient of Peru's palm nuts and kernels exports in value terms, absorbing 90.1% of total export earnings.

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 palm nuts and kernels to Peru

Market analysis indicates that Peru did not import any palm nuts and kernels from 2017 to 2020.

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