Tea market in Peru

Earlier Report Observations

Peru's tea market volume expanded steadily from 2 309 t in 2018 to 3 146 t in 2020. This growth was primarily driven by rising consumer health awareness across Latin America, which increased demand for healthier beverages like ready-to-drink teas and organic varieties. Higher disposable incomes and the expansion of retail outlets further made tea more accessible to consumers.

Market volume stabilized at 3 156 t in 2021 as logistical disruptions from the COVID-19 pandemic offset continued underlying demand. During this period, investments in new production facilities for green and organic tea, along with the launch of innovative products such as vitamin-enriched teas, helped sustain consumption levels. Growth resumed in 2022, with volume reaching 3 326 t, fueled by innovations in sustainable packaging and a strong consumer shift towards functional and flavored teas prized for their health benefits.

The market contracted sharply to 2 256 t in 2023, a change influenced by a significant drop in imports and increased exports. Despite this contraction, underlying industry trends such as the growth of organic teas, greater penetration of e-commerce sales channels, and a continued focus on health and sustainability remained relevant features of the market landscape.

Production tea in Peru

In kind, 2017-2020, t

Top producers of tea, 2017-2020

World map of production of tea, 2017-2020

Tea production in Peru increased for the second consecutive year. In 2020, Peru produced 1 645 tonnes of tea, which represents a 2.8% increase compared to the previous year. Over the period from 2017 to 2020, production decreased by 24.4%, with a compound annual growth rate of 8.9%. The lowest production level was recorded in 2018 at 1 085 tonnes. The largest decline occurred in 2018, with a drop of 50.2%, while the most significant increase was observed in 2019, with growth of 47.5%.

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

Exports tea from Peru

Exports in kind, t

The market exhibited significant volatility during these years. Exports reached their lowest point in 2017 and peaked in 2020, showing a 2.9-fold difference between these two years. In 2020, Peru's tea exports amounted to 82 tonnes, marking a substantial increase of 187.0% compared to the previous year. The largest decline was recorded in 2019, with a decrease of 10.4%.

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

From 2017 to 2020, three main markets—the United States, Chile, and Trinidad and Tobago—collectively accounted for 70.5% of Peru's total tea exports in volume terms.

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

The data shows irregular changes, indicating a volatile market environment. The minimum export value was recorded in 2019, while the maximum occurred in 2020, with a 3.8-fold variation between these two years. In 2020, Peru's tea export value reached 503 thousand US dollars, representing a 279.9% increase compared to the previous year. The lowest value was 133 thousand US dollars in 2019, and the largest decline was recorded that same year at 10.7%.

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

Throughout the period from 2017 to 2020, three key markets—the United States, Chile, and Trinidad and Tobago—remained central to Peru's tea exports in value terms, together accounting for 64.4% of total export flows.

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

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

Imports tea to Peru

Imports in kind, t

Peru imported a total of 1 582 tonnes of tea in 2020, which represents a sharp increase of 38.2% compared to the previous year. Over the period from 2017 to 2020, imports grew by 31.8%, with a compound annual growth rate of 9.6%. The lowest import volume was recorded in 2019 at 1 145 tonnes, and the largest decline occurred that same year with a decrease of 8.9%.

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

From 2017 to 2020, Argentina was the primary source of tea imports to Peru, accounting for 76.1% of total imports in volume terms, while other countries played a less significant role.

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

In 2020, Peru's tea imports amounted to 2 784 thousand US dollars, up by 27.0% compared to the previous year. Over the period from 2017 to 2020, imports increased by 24.1%, with a compound annual growth rate of 7.5%. The lowest import value was recorded in 2019 at 2 192 thousand US dollars, and the largest decline occurred that same year with a decrease of 9.3%.

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

From 2017 to 2020, Argentina (50.5% of imports in value terms), China (27.6%), and Chile (8.0%) formed the main group of sources for Peru's tea imports in value terms, together accounting for 86.1% of total import flows.

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

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