Key Market Indicators
Peru's bread export market is poised for significant growth, projected to reach approximately $129 million by 2028. This marks an increase from around $111 million in 2023, reflecting an average annual growth rate of 2.4%. Since 1997, Peru has consistently expanded its bread supply, achieving an average yearly growth rate of 3.3%. On the import side, Peru's bread imports are also expected to rise, reaching nearly $52 million by 2028. This is up from about $42 million in 2023, with an average annual growth rate of 3.1%. Peruvian demand for imported bread has been on an upward trajectory since 1997, growing at an average rate of 4.5% per year.
