Market research

Sugar cane 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 Peruvian sugar cane market volume expanded from 11 715 thousand tonnes in 2018 to 13 468 thousand tonnes in 2019. This growth was driven by fresh capital inflows and the conversion of sugar mills into joint-stock companies following a 1996 decree, which revitalized the industry. Additionally, recovery from severe floods in 2018 and rising demand for anhydrous ethanol for gasoline blending created a new productive outlet for cane.

After peaking in 2019, the market volume entered a gradual downward trend, reaching 11 919 thousand tonnes by 2023. The decline was exacerbated in 2023 by the negative impact of the Coastal El Niño and Global El Niño phenomena, which reduced sucrose levels and crop productivity. Significant private investments continued to modernize the sector, but climatic challenges contributed to the overall contraction in volume over the period.

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, $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Peru in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Peru by countries, 2018-2024, $ 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, $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Peru in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Peru by countries, 2018-2024, $ 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. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, kg
  2. 7.1.2. In value, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, kg
  2. 7.2.2. In value, $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production sugar cane in Peru

In kind, 2017-2020, K t

On a global scale, Peru ranked as the 18th largest producer of sugar cane during the period from 2017 to 2020.

Top producers of sugar cane, 2017-2020

Source: SHEV.io

World map of production of sugar cane, 2017-2020

Source: SHEV.io

Peru's sugar cane production saw a two-year increase before declining. In 2019, production reached its peak at 13 468 thousand tonnes, marking a 15.0% increase from the previous year. However, in 2020, production fell to 12 847 thousand tonnes, a decrease of 4.6% compared to 2019. Over the entire 2017-2020 period, production grew by 15.4%, with an average annual growth rate of 4.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.3%	15.0%	(4.6%)	4.9%

Source: SHEV.io

Exports sugar cane from Peru

Exports in kind, kg

Peru's sugar cane exports in kind dropped significantly in 2018. The volume fell to 0.40 kilograms, a sharp decline of 99.2% from the 2017 level.

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

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

Source: SHEV.io

From 2017 to 2020, Switzerland and Italy were the primary markets for Peru's sugar cane exports in kind, together representing 99.2% of the total export flows. Other partners accounted for the remaining share.

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

In 2018, Peru's sugar cane exports in value terms amounted to 8.40 US dollars, reflecting an 83.5% decrease from the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(83.5%)	n/a	n/a	-

Source: SHEV.io

During the 2017-2020 period, Italy and Switzerland dominated Peru's sugar cane exports in value terms, jointly capturing 85.9% of the total export value. The remainder was distributed among other destinations.

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