Peru Grape Exports Surge: Challenging Global Leaders

by mark.thompson business editor

Peruvian Grape Exports Reach Record Highs, Face Growing Global Competition

Peru’s grape exports surged to unprecedented levels last year, reaching 756,545 tons and generating US$2.025 billion in revenue, a 27% increase in volume and a 13% rise in value compared to 2024. Despite a slight dip in average prices, the nation has solidified its position as a leading global supplier, driven by rapid adoption of advanced agricultural technologies.

A Record Harvest Amidst Challenges

The impressive growth in Peruvian grape exports occurred even with initial setbacks. The 2025-2026 Peruvian grape campaign experienced a delay due to unfavorable weather conditions – including low temperatures – and uncertainties surrounding tariffs. However, production rebounded strongly starting in October, exceeding volumes from the first quarter of 2025 and effectively closing out the 2024-2025 campaign on a high note.

The decline in grape prices in 2025, falling to an average of US$2.67 per kilogram from US$3.00 the previous year, is largely attributed to a global oversupply. Record harvests in Peru were matched by increased volumes from key exporters like Chile, China, and Italy.

Innovation Drives Peruvian Competitiveness

According to analysis by Fresh Fruit and Preciso Consultoría, based on data from the National Superintendence of Customs and Tax Administration (Sunat), Peru’s success isn’t simply due to favorable conditions. “Peru is now more competitive than other global suppliers,” stated one analyst, attributing this to the swift implementation of genetic improvements and patented, high-yield grape varieties by Peruvian companies.

This proactive approach has fueled growth in the number of companies involved in grape exports. In the last year, 204 companies made shipments, a 17.24% increase from the 174 companies in 2024. While the market remains concentrated, with three large firms exceeding US$100 million in exported value, a robust mid-tier of 35 companies above US$10 million and 46 companies in the US$1 to US$10 million range demonstrates a broadening base of exporters.

Looking Ahead: Growth and Competition

Despite the record-breaking performance, projections indicate potential challenges for Peruvian grape exports. One industry expert projected that the 2025-2026 campaign could see a 5% volume increase over the previous year, with total 2026 production estimated at 700,000 tons – slightly below the 756,546 tons recorded in 2025 – and a value comparable to 2025, around US$2 billion.

Expansion of vineyards continues, particularly in the Ica region, though at a slower pace. Arequipa is anticipated to become a significant growth area in the future.

However, international competition is intensifying. A report from the United States Department of Agriculture (USDA) forecasts a substantial increase in China’s table grape exports in the 2025/2026 marketing year, reaching 770,000 tons. This surge, representing a 16% increase, could position China as a co-leader in global grape exports alongside Peru, having already overtaken Chile last year. [Insert chart comparing Peruvian and Chinese grape export volumes over the past 5 years]

The rise of Peru as a dominant force in the agro-export market, particularly with grapes, is a testament to strategic investment in innovation and a willingness to adapt to evolving global market dynamics. While challenges lie ahead, the nation’s commitment to technological advancement suggests it is well-positioned to maintain its competitive edge in the years to come.

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