Peru: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in Peru

The Peruvian lettuce and chicory market rose significantly to $X in 2023, growing by X% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Lettuce And Chicory Production in Peru

In value terms, lettuce and chicory production totaled $X in 2023 estimated in export price. In general, the total production indicated a buoyant expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

In 2023, the average yield of lettuce and chicory in Peru amounted to X tons per ha, approximately reflecting the previous year. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2022 to 2023, the growth of the average lettuce and chicory yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The lettuce and chicory harvested area in Peru stood at X ha in 2023, remaining constant against the previous year's figure. The harvested area increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The lettuce and chicory harvested area peaked at X ha in 2018; however, from 2019 to 2023, the harvested area stood at a somewhat lower figure.

Lettuce And Chicory Exports

Exports from Peru

In 2023, lettuce and chicory exports from Peru shrank to X tons, with a decrease of X% compared with the previous year's figure. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, lettuce and chicory exports shrank remarkably to $X in 2023. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2022 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for lettuce and chicory exports from Peru, accounting for a X% share of total exports. Moreover, lettuce and chicory exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), ninefold. The third position in this ranking was held by Poland (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Poland (X% per year).

In value terms, the United States ($X) remains the key foreign market for lettuce and chicory exports from Peru, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

The average lettuce and chicory export price stood at $X per ton in 2023, dropping by X% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, lettuce and chicory export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2022, and then dropped slightly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Panama (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lettuce And Chicory Imports

Imports into Peru

In 2023, supplies from abroad of lettuce and chicory decreased by X% to X tons, falling for the fourth year in a row after three years of growth. Overall, imports posted a significant increase. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of X tons. From 2020 to 2023, the growth of imports failed to regain momentum.

In value terms, lettuce and chicory imports stood at $X in 2023. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Brazil (X tons) was the main supplier of lettuce and chicory to Peru, accounting for a X% share of total imports. It was followed by the United States (X kg), with a X% share of total imports.

From 2015 to 2023, the average annual rate of growth in terms of volume from Brazil totaled X.5%.

In value terms, Brazil ($X) constituted the largest supplier of lettuce and chicory to Peru, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2015 to 2023, the average annual growth rate of value from Brazil totaled X%.

Import Prices by Country

The average lettuce and chicory import price stood at $X per ton in 2023, leveling off at the previous year. In general, the import price continues to indicate a slight decline. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Brazil totaled $X per ton.

From 2015 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform