Key Market Indicators
Peru's agricultural GDP is predicted to hit $16.6 billion by 2026, up from $14.8 billion in 2021. This represents an average annual growth rate of 1.8%. Since 2012, the sector has grown at an average rate of 4.2% annually. As of 2021, Peru placed 17th in the global ranking of agricultural GDP, with the United Kingdom ahead at $14.8 billion. The US, Nigeria and Pakistan followed in the second, third and fourth positions respectively. Peruvian Agricultural Production is expected to reach $18.9 billion by 2026, compared to $16.9 billion in 2021. This translates to a CAGR of 1.8%. Since 1996, production has grown by 3.2% year on year.
