Peru: Food Processing Ingredients

  |   Attaché Report (GAIN)   |   PE2023-0011

Peru’s food processing industry is a dynamic sector of the national economy. The food industry in Peru accounts for almost 27 percent of the industrial gross domestic product. The sector declined 3.9 percent with respect 2021, mainly due to international externalities such as higher costs of food ingredients and energy. Exports of U.S.-origin food processing ingredients to Peru reached $272 million in 2022, a 38 percent increase over 2021.

Related Reports

Attaché Report (GAIN)

United Kingdom: Sustainable Aviation Fuel in the UK

As part of a broad push towards reducing carbon emissions in the aviation sector, the newly elected Labour government is seeking to bolster the United Kingdom’s (UK) Sustainable Aviation Fuel (SAF) industry, which builds on initiatives and policies...
On October 30, the Department for Business and Trade (DBT) extended over 220 voluntary tariff suspensions announced following the 2021 and 2023 application periods, through June 30, 2026. The announcement synchronizes multiple expiration periods...
The European Commission will allocate €132 million (approximately $138 million) towards promotion activities for EU agri-food products in 2025.