Plantains Prices in Peru
| Variety | Market level | Price (US$/kg) | Local (PEN) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| — | Farmgate | 0.27 | 0.98 | ▲ 2.7% | ▲ 2.7% | FAOSTAT Producer Prices |
As of January 2024, the plantains price in Peru is US$ 0.27 per kg (0.98 PEN), up 2.7% year-on-year.
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Plantains Price History & Trend
Monthly plantains price, US$ per kg — the line grows each month as we record it. Source: FAOSTAT Producer Prices.
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Peru plantains - Production, Exports, Imports, Seasons and HS Codes
The quantity of plantains shipped by Peru in 2020 was 2,582 tons. In 2019 Peru exported 2,624 tonnes of plantains. In 2019 alone, the demand for Peru plantains (vegetables category) has escalated, changing by 1950 percent compared to the year 2018. Between 2017 and 2019, plantains' exports went up by 14477.78 percent bringing the exporter US$1.64m for the year 2019. Peru's plantains exports are categorised as:
- Fresh or dried plantains (HS code 080310)
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Peru plantains export values
In 2019, Peru sold plantains worth 1.64m USD, a growth of 489.93% from 2018's total plantains export of 0.278m USD. The yearly change in value of Peru plantains between 2017 to 2018 was 162.264 per cent.
The per year change in the volume of Peru's plantains exports between 2017 and 2019 was 14477.78 pc when compared to a variation of 1950% in the growth rate between 2018 and 2019.
Peru's portion of the world's total plantains' exports in 2019 was less than 1%. Peru is ranked number 61 in world exports of plantains.
Export markets for Peru plantains ( in '000$ )
Peru's best performing destinations for plantains are Panama, US, Chile, Sweden and Italy.
Import/Export Trends
Peru is a net importer of plantains. The annual growth of Peru plantains in value between 2015 to 2019 was -29%, per year, while annual growth in quantity for the same period was -35%, per annum.
Peru brought in 0 tonnes of plantains in 2019.
Production
The production of plantains in Peru was 4,560,206 tonnes in 2019 and is forecast to change by an average of 3.88%. The country had an estimated 305,786.00 hectares under plantains cultivation.