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Peru’s fruit exports have grown quickly during the last decade, rising from just $540 million in 2010 to $3.8 billion in 2020, with Peru ranking in the world’s top 10 fruit exporting countries since 2017.
Peru's coffee production and exports are expected to increase in the 2021/22 marketing year.
Sugar cane production in marketing year (MY) 2021 is forecast at 11.34 million metric tons (MMT), increasing two percent from the MY 2021 estimate.
In 2020, Peru ranked as the eighth largest destination for U.S. pulses in terms of both volume and value as the COVID-19 pandemic drove domestic demand higher, boosted by consumers' focus on a healthier, more economic, and balanced diet.
Wheat remains a minor crop in Peru and wheat imports in marketing year (MY) 2021/2022 are forecast at 2
Peru’s food processing industry is a dynamic sector of the national economy.
Increasing corn and soybean meal prices are affecting livestock producers’ bottom line. Poultry and dairy producers are the most affected.
Fishmeal production in MY 2021/2022 is forecast at 900,000 MT. Fishmeal exports in MY 2021/2022 are estimated at 894,000 MT, remaining at the same levels as the previous year.
Peru’s exports of fresh asparagus in 2020 were down 10 percent due to COVID-19 and internal transportation issues. Exports are forecast to rebound to 138,000 metric tons in 2021.
Peruvian avocado exports are estimated to reach 450,000 MT in 2021, increasing 10 percent by volume compared to the previous year.
Peru is the third largest export market for U.S. agricultural products in South America.
Peru’s Congress has approved a law to extend the ongoing ten year moratorium to fifteen years.