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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.
For over a decade, Peru has been one of the world’s top performing economies, registering sustained high growth accompanied by low inflation.
Peru’s food processing industry is a dynamic sector of the national economy. U.S.-origin food processing ingredient exports to Peru are forecast at $202 million in 2017.
Peru has established a new price band for rice that aims to increase importing costs. The new price band uses changes the reference price from Thai to Uruguayan rice prices.
Peru’s food retail sector sales will rebound in the medium-term, benefiting from government stimulus measures seeking to boost consumer spending.
Peru’s international recognition as a gastronomic hub has created opportunities to introduce complementary food products into the market.
Peruvian rice producers are demanding that the government reinstate import duties for rice.
Peru's 10 year moratorium on genetically engineered (GE) crops remains in force. The Ministry of Environment tests conventional imported seed shipments upon arrival which has raised concerns...