Agribusiness is one of the most important and dynamic sectors of the Peruvian economy, with a 457% growth in exports for the period 2000-2010.
Agribusiness Sector in Peru
Peru is the third largest country in South America, with 7.6 million hectares with direct
agricultural potential, only 47% being used.
It is a biologically diverse country; its strategic location allows UK companies to tap seasonal
windows in the major export markets with competitive prices and outstanding portfolio of fresh
and processed foods.
Agribusiness is one of the most important and dynamic sectors of the Peruvian economy, with a
457% growth in exports for the period 2000-2010. According to the Peruvian Ministry of
Agriculture non-traditional agro exports have grown 16.6% during the first quarter of 2012,
achieving sales for US$915.6m, - US$130.1m more than the same period in 2011 (US$785.5m).
The activity of the agricultural sector in Peru is in the hands of private companies with
participation of domestic and foreign investment.
The Doing Business Ranking 2012, places Peru in second place in the region, after Chile.
Peru is a leader in crop yields and noted for its high export potential of fruits and vegetables. It is
the world’s largest producer of speciality coffees. The king of the country’s non-traditional
sector, asparagus, remains the second most important farm export after coffee, but it has now a
number of rivals. Avocado and paprika have also shown growing numbers of exports. Grapes are
also doing exceptionally well in the Northern coast. Another crop advancing quickly there is
Peru is extremely well suited for ethanol production. Yield per hectare of sugarcane is among the
highest in the world – it has often been ranked number one – and increasing world demand for
bio fuels should guarantee a solid market for local production. Oil palm is also an important crop
with promising projects in the Northern jungle.
In 2011, the total exports of agribusiness exceeded US$2800m, which indicates a growth of 29%
over 2010. The main target market was the European Union, with 37.5% share; the UK is the
seventh country with 3.5% share of exports. Peruvian agro exports reach more than 113 countries
with 45 main products. Agriculture growth has also implied the imports growth of capital goods
and chemical supplies, which grew more than 190% in the last 6 years.
Athos, one of the leaders of the fresh produce industry, has UK investment. With twenty years in
the market Agricola Athos is a producer of asparagus, baby corn, pomegranate, figs, snow peas,
runner beans, fine beans, sugar snaps, key limes, pepino-melon, cherimoya, chillis, kaki, sweet
potatoes, cactus fruit, and others. They directly manage 1,000 hectares and provide technical and
marketing services to other growers covering over an additional 500 hectares.
The general forecast is for the agribusiness sector to continue expanding, but this is contingent
on factors that tend to elicit strong responses, such as access to water and use of land, in addition
to modernisation and improvement of processes and a need to review export strategies.
The Peruvian government is promoting agriculture by implementing investment projects in
irrigation in different regions of the country, generating 95,000 ha. of new land for agricultural
production. Major projects include:
Olmos (27,000 ha), Majes (38,000 ha), Rio Cahi (5,000 ha), Alto Piura (15,000 ha), Lagunillas -
Puno (10,000 ha), Lima - Ica (25,000 ha), Lima Land area (8,000 ha).
The great growth of agricultural exports has generated more investment in plant expansion. The
share of agricultural exports is distributed in approximately 935 companies. The number of
companies participating is increasing. The main ones are:
Alicorp (5%), Camposol (4%), Sociedad Agricola Viru (3%), Gloria (3%), Danper Trujillo (3%),
Complejo Agroindustrial Beta (3%), Gandules INC (3%), Sunshine Export (2%), El Pedregal
(2%), Agro AIB (2%), Kraft Foods Peru (2%) Machu Picchu Trading (2%).
Some specific projects include:
ξ Alicorp (mass food) has invested about US$30m in expansion of production facilities, and
has approved US$42m more to continue investing in its product lines.
ξ Camposol is investing US$15m in order to expand its plant capacity to boost production of
avocados (Hass variety).
ξ Danper Trujillo plans to invest in the acquisition of machinery and equipment to increase
its processing plants of asparagus and artichoke.
ξ Complejo Agroindustrial Beta is diversifying its production in different areas and
investments to fund the planting of approximately 150 ha of asparagus and 350 ha of
Peru continues signing Free Trade Agreements (FTAs) generating new investment needs to
strengthen the cold chain services, packing, storing and control traceability. The market of
fertilisers for agriculture is rapidly growing and every year between 20 and 25 thousand ha are
modernised with new technology. More than 90% of fertilisers are imported nowadays.
The food processing industry represents one of the largest industries in Peru. However, the local
food processing industry has been limited to small and medium sized equipment for sorting food,
filling and closing bags, bottles and cans. Peru possesses a number of food products that would
benefit from imported food processing equipment, as well as technical assistance to increase the
industry's productivity. Best sales prospects may come from small to medium size private
companies wishing to expand their local business and/or who are interested in exporting their
finished food products to foreign markets.
Food industry is expected to grow 5.5% in 2012 in the domestic market. New investment
opportunities to improve production capacity in this industry.
Latest export opportunities – Agriculture
Latest export opportunities – Peru
Getting into the market
British products are supplied both through direct selling and agency or representative operations.
Major capital items should be marketed and sold directly to the logistics departments of the
More about doing business in Peru
Market intelligence is critical when doing business overseas, and UKTI can provide bespoke
market research and support during overseas visits though our chargeable Overseas Market
Introduction Service (OMIS).
To commission research or for general advice about the market, get in touch with our specialists
in country - or contact your local international trade team.
ξ Maricarmen Larrauri, British Embassy Lima. Tel: +51 (1) 617 3036 or email:
ξ Sharon Ganney, British Embassy Lima. Tel: +51 (1) 617 3031 or email:
Contact your local international trade team
UKTI runs a range of events for exporters, including seminars in the UK, trade missions to
overseas markets and support for attendance at overseas trade shows.
Hall of cocoa and chocolate
Date: July 2012
Date: September 2012
Date: October 2012
Latest events – Agriculture
More about OMIS and other UKTI services for exporters