Uncooked pasta market in Peru

Earlier Report Observations

The market volume for uncooked pasta in Peru remained stable at around 310 thousand tons between 2018 and 2019, while major players like Alicorp and Gloria dominated the ultra-processed food segment. In 2019, the official adoption of the NTP 209.038:2019 standard for packaged food labeling introduced new information requirements for products including pasta. Market volume then expanded to 347 thousand tons in 2020.

After a slight contraction to 341 thousand tons in 2021, which saw the introduction of a law mandating country-of-origin labeling for agricultural food products and the emergence of a gluten-free pasta segment, the market surged to 426 thousand tons in 2022. This growth was driven by pandemic-induced demand for staple foods and a sustained consumer shift toward convenient and healthy options. The period also featured significant regulatory changes, including modifications to advertising warning labels for processed foods and the approval of the Supreme Decree N° 015-2022-PRODUCE governing the labeling of industrial manufactured goods.

In 2023, market volume retreated slightly to 417 thousand tons, influenced by volatility in wheat prices which raised production costs, while trends favoring convenience and transparent nutritional labeling continued. New regulations on food security and nutrition in 2024, alongside reported inflationary pressures and supply chain disruptions, further shaped the operating environment for pasta producers.

Production uncooked pasta in Peru

In kind, 2017-2020, K t

From 2017 to 2020, Peru maintained the 5th position globally in terms of uncooked pasta production volume.

Top producers of uncooked pasta, 2017-2020

World map of production of uncooked pasta, 2017-2020

Following a two-year decline, Peru's uncooked pasta production rebounded. In 2020, the country produced 407.4 K t of uncooked pasta, marking a solid year-over-year increase of 16.6%. Over the period from 2017 to 2020, production grew by 11.6%, which translates to an annualized rate of 3.7%. The lowest production level was recorded in 2019 at 349.4 K t, with the largest decline of 2.6% occurring that same year.

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

In value, 2017-2020, M $ US

After two years of decrease, Peru's uncooked pasta production value saw an upturn. In 2020, the output was valued at 273.8 M $ US, reflecting a gradual increase of 7.8% compared to the previous year. The minimum value was recorded in 2019 at 254.0 M $ US, while the largest decline of 4.4% took place in 2018.

Annual dynamics of production in Peru in value, 2017-2020, M $ US

Exports uncooked pasta from Peru

Exports in kind, t

Following a two-year drop, Peru's exports of uncooked pasta in volume terms increased. In 2020, exports amounted to 62 328 t, representing a significant rise of 35.2% from the prior year. From 2017 to 2020, exports grew by 26%, with a compound annual growth rate (CAGR) of 8.0%. The lowest export volume was recorded in 2019 at 46 096 t, and the largest decline of 3.7% occurred in 2018.

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

Between 2017 and 2020, Chile, Bolivia, and Panama formed the primary cluster of markets for Peru's uncooked pasta exports in volume terms. Chile accounted for 42.1% of exports, Bolivia for 20.2%, and Panama for 8.7%, collectively representing 71.0% of total export flows.

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

After a two-year contraction, Peru's uncooked pasta export value increased. In 2020, exports reached 41 884 K $ US, which is 25.0% higher than the previous year. From 2017 to 2020, exports rose by 14.4%, equating to an annualized rate of 4.6%. The minimum value was recorded in 2019 at 33 514 K $ US, with the largest decline of 6.2% occurring in 2018.

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

From 2017 to 2020, Chile, Bolivia, and Ecuador accounted for the largest share of Peru's uncooked pasta exports in value terms. Chile represented 44.5% of exports, Bolivia 18.1%, and Ecuador 11.5%, together comprising 74.2% 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 uncooked pasta to Peru

Imports in kind, t

The market for uncooked pasta imports into Peru experienced notable fluctuations during the period. The lowest import volume was recorded in 2018 at 1 062 t, while the peak occurred in 2019 at 6 401 t, showing a sixfold variation. In 2020, Peru imported 1 871 t of uncooked pasta, reflecting a sharp contraction of 70.8% from 2019. The largest increase of 503.0% was recorded in 2019.

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

Over the period from 2017 to 2020, Chile, Italy, and Turkey were the main contributors to Peru's uncooked pasta imports in volume terms. Chile accounted for 38.9% of imports, Italy for 33.0%, and Turkey for 15.4%, jointly representing 87.3% of total import flows.

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

Peru's uncooked pasta import value showed significant fluctuations during the period. The lowest value was observed in 2017, with the peak in 2019, reflecting a 3.2-fold gap. In 2020, import volume was recorded at 2 473 K $ US, constituting a sharp year-over-year decline of 50.0%. The maximum value was recorded in 2019 at 4 946 K $ US, with the largest increase of 175.2% occurring that same year.

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

Throughout 2017 to 2020, Italy, Chile, and the United States remained the main markets for Peru's uncooked pasta imports in value terms. Italy accounted for 48.7% of imports, Chile for 23.3%, and the United States for 8.5%, together taking 80.4% 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