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Wheat imports in marketing year (MY) 2024/2025 are forecast at 2 million metric tons (MMT). Canada led the Peruvian wheat market in calendar year (CY) 2023 with 72 percent market share.
After the 2023/24 El Niño cycle, fishmeal production in marketing year (MY) 2024/25 is expected to recuperate back to 1.1 million metric tons (MMT), a 39 percent increase compared to the previous year's estimates.
Following nearly exponential growth in the last decade, Peru's blueberry export volume fell in 2023 as a result of warmer weather conditions, especially in the principal production areas of northern Peru, which severely limited flowering between March and October.