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In 2023, Peru was the 28th-largest market for U.S. agricultural exports, valued at $851 million, making it the 3rd-largest market in South America. The U.S.-Peru Trade Promotion Agreement (PTPA) entered into force in February 2009, and U.S. agricultural exports reached $1 billion for the first time in 2014, peaking at $1.36 billion in 2018. The United States accounts for 14 percent of Peru's agricultural import market share, positioning it as the second-largest supplier to the country.
For calendar year (CY) 2022, Post forecasts pulses area harvested will increase by 3 percent and production will total 295,000 metric tons (MT) as a response to high international prices and shorter supply. Post estimates CY 2022 pulse imports to decrease to 40,000 MT due to higher domestic production, higher pulse prices, existing stocks, higher freight costs, and a strong U.S. dollar.
Throughout mid 2021 to early 2022, FAS Lima conducted twelve activities under the "Eat More Pulses" campaign to promote consumption of pulses nationwide. The goal of the campaign is to expand the Peruvian market for pulses.
Burma’s beans and pulses production in MY 2021/22 is forecast to decrease due to reduced use of fertilizers and pesticides and a return to rice production in low-land areas with the expectation of favorable weather.
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.
Burma’s beans and pulse production in MY 2020/21 is forecast to increase by 3 percent with expanded growing areas, especially for Black matpe and Toor whole in line with increased demand from India.
There is currently a surge in demand for pulses (canary beans, navy beans, lentils, green peas and chickpeas) in Peru.
Peru is becoming South America’s leading importer of pulses in the region.
Myanmar production of beans and pulses in MY 2018/19 is forecasted to decrease 14 percent due to a reduction of the growing area, which we anticipate will shift to other crops.
On October 20, FAS Lima and the U.S. Dry Pea and Lentil Council (USDPLC) hosted a cooking demo and seminar showcasing pulse flour as an ingredient at a well-known chef’s school in Lima.
Burma: Rice and corn production is forecast to increase in MY 2017/18 due to increased utilization of farm mechanization and higher yielding seeds.
Peru is one of the top markets for pulses in Latin America. A staple of the Peruvian diet, consumption is steady and driven by tradition, affordability, and the view that it is a healthy protein....