Peru Canned Vegetables HS2005 Export Data 2025 Q1 Overview

Peru Canned Vegetables (HS 2005) 2025 Q1 Export: Key Takeaways

Peru's Canned Vegetables (HS Code 2005) exports in Q1 2025 show a high reliance on the US market, which accounts for 48.4% of volume but trades at lower unit prices, while Spain commands premium value at $2.83 per kg. The US and Spain dominate over 70% of exports, indicating significant buyer concentration risk, though Europe offers niche opportunities for higher-value products. This analysis covers Q1 2025 and is based on cleanly processed Customs data from the yTrade database.

Peru Canned Vegetables (HS 2005) 2025 Q1 Export Background

Peru’s Canned Vegetables (HS Code 2005)—defined as Vegetables, prepared or preserved otherwise than by vinegar or acetic acid—serve as a staple for global food retail and processing industries due to their long shelf life and convenience. Despite stable demand, Peru faces new challenges in 2025 Q1 as the US imposed a 10% baseline tariff on all trading partners [EY Tax News], potentially impacting exports under the US-Peru Trade Promotion Agreement [USTR]. Peru remains a key supplier, leveraging its agricultural strengths to meet international demand for preserved vegetables.

Peru Canned Vegetables (HS 2005) 2025 Q1 Export: Trend Summary

Key Observations

Peru's Canned Vegetables exports under HS Code 2005 in 2025 Q1 displayed notable volatility, with a sharp 27% month-over-month drop in volume and value during February before a rebound in March, while unit prices held steady around $2.4/kg.

Price and Volume Dynamics

The Q1 data shows a significant decline from January to February, with volume falling from 28.60M kg to 20.93M kg and value dropping from $68.23M to $51.13M, likely due to seasonal inventory drawdowns post-harvest cycles in Peru's agricultural sector. The recovery in March, with volume rising to 26.94M kg and value to $65.47M, aligns with typical restocking phases and stable demand for canned goods, underscoring the resilience of Peru Canned Vegetables HS Code 2005 Export 2025 Q1 despite short-term fluctuations.

External Context and Outlook

External factors, such as the US imposition of a 10% baseline tariff effective April 2025 [EY Tax News], may pressure future export margins, though Q1 performance remained insulated from this shift. Broader trade updates, including HS code harmonizations, could introduce compliance nuances, but Peru's export momentum in canned vegetables is expected to hinge on agricultural output and global food demand stability.

Peru Canned Vegetables (HS 2005) 2025 Q1 Export: HS Code Breakdown

Product Specialization and Concentration

In Peru Canned Vegetables HS Code 2005 Export 2025 Q1, the market is dominated by mixed vegetable preparations, specifically the sub-code for vegetables and mixtures not elsewhere classified, which holds a 26% value share with a unit price of 2.65 USD per kilogram. This product shows moderate pricing compared to others, indicating a focus on bulk, standardized exports. High-priced items like potato and sweetcorn preparations are isolated anomalies due to their very low volume shares under 0.5%, and they are excluded from the main analysis pool.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes fall into two clear categories based on vegetable type and unit price. Mixed vegetable preparations, with unit prices ranging from 1.75 to 2.65 USD per kilogram, form the bulk of exports and suggest a trade in semi-standardized, lower-value goods. Specific vegetable preparations, such as asparagus at 3.26 USD per kilogram and olives at 2.91 USD per kilogram, represent higher-value, differentiated products. This structure points to a market with both fungible bulk commodities and value-added specialized items, rather than a purely homogeneous trade.

Strategic Implication and Pricing Power

Peru's export strategy for canned vegetables should prioritize expanding higher-value specific vegetable lines like asparagus to enhance pricing power, as these command premium prices. For mixed vegetables, focus on cost efficiency and volume to maintain competitiveness. The market's differentiation allows for targeted approaches, but external factors like potential tariff changes [Global Trade Alert] could influence trade dynamics, though no direct impact on HS 2005 is noted in Q1 2025.

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Peru Canned Vegetables (HS 2005) 2025 Q1 Export: Market Concentration

Geographic Concentration and Dominant Role

In Q1 2025, the United States is the top export market for Peru Canned Vegetables HS Code 2005 Export, holding 48.4% of the weight and 42.9% of the value, indicating a bulk commodity trade with slightly lower unit prices around $2.14 per kg. Spain follows as a key partner with 25.9% weight and 30.3% value, suggesting higher-value products at approximately $2.83 per kg. This disparity points to the US favoring volume purchases, while Spain may seek premium canned goods.

Partner Countries Clusters and Underlying Causes

The export partners form two clear clusters: first, the US and Spain, which together dominate over 70% of volume, likely due to strong demand and existing trade ties, such as the US-Peru Trade Promotion Agreement [USTR]. Second, countries like France and Germany show smaller shares but higher value ratios, indicating niche markets for quality canned vegetables, possibly driven by consumer preferences in Europe. Chile and Brazil represent regional buyers with lower volumes, focusing on cost-effective sourcing.

Forward Strategy and Supply Chain Implications

For Peru's canned vegetable exports, focus on maintaining cost efficiency for bulk markets like the US, while exploring premium opportunities in Europe, supported by EU trade updates that may ease access [Taxation Customs]. Monitor US tariff changes that could impact competitiveness (USTR), and diversify supply chains to mitigate risks in key markets.

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Peru Canned Vegetables (HS 2005) 2025 Q1 Export: Action Plan for Canned Vegetables Market Expansion

Strategic Supply Chain Overview

The Peru Canned Vegetables Export 2025 Q1 under HS Code 2005 reveals a dual-market structure. Price is driven by product type: mixed vegetables trade as bulk commodities with volume-based pricing, while specific items like asparagus command premiums. Supply chains must balance high-volume efficiency for the US market with quality-focused agility for EU buyers. Geopolitical risks like US tariff changes threaten cost competitiveness, urging diversified logistics.

Action Plan: Data-Driven Steps for Canned Vegetables Market Execution

• Segment exports by unit price data to prioritize premium products like asparagus. This captures higher margins in markets like Spain.
• Negotiate long-term contracts with high-volume frequent buyers to stabilize revenue. This secures predictable demand from core partners.
• Diversify export destinations using trade flow data to reduce US dependency. This mitigates risk from potential tariff changes.
• Analyze buyer frequency patterns to optimize inventory and shipment schedules. This prevents overstock and reduces holding costs.

Take Action Now —— Explore Peru Canned Vegetables Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Canned Vegetables Export 2025 Q1?

The Q1 2025 export volume and value dropped sharply in February (-27% MoM) due to seasonal inventory drawdowns post-harvest, then rebounded in March as demand stabilized. Price resilience ($2.4/kg average) suggests steady global demand despite volatility.

Q2. Who are the main partner countries in this Peru Canned Vegetables Export 2025 Q1?

The US (48.4% weight, 42.9% value) and Spain (25.9% weight, 30.3% value) dominate, accounting for over 70% of exports. France and Germany represent smaller but higher-value niche markets.

Q3. Why does the unit price differ across Peru Canned Vegetables Export 2025 Q1 partner countries?

Prices vary by product type: bulk mixed vegetables (e.g., $2.65/kg for standardized blends) trade at lower rates, while specialized preparations like asparagus ($3.26/kg) command premiums in markets like Spain.

Q4. What should exporters in Peru focus on in the current Canned Vegetables export market?

Prioritize high-volume buyers (97.93% of value) like DANPER TRUJILLO S.A.C for steady revenue, while expanding premium vegetable lines (e.g., asparagus) to diversify into higher-value European markets.

Q5. What does this Peru Canned Vegetables export pattern mean for buyers in partner countries?

US buyers benefit from cost-efficient bulk purchases ($2.14/kg), while European buyers access differentiated, higher-quality products. Dominant buyers enjoy stable supply, but niche players face limited volume availability.

Q6. How is Canned Vegetables typically used in this trade flow?

Peru exports semi-standardized mixed vegetables for broad retail/foodservice use, alongside premium single-vegetable preparations (e.g., asparagus, olives) targeting gourmet and specialty markets.

Detailed Monthly Report

Peru HS2005 Export Snapshot 2025 JAN

Peru HS2005 Export Snapshot 2025 FEB

Peru HS2005 Export Snapshot 2025 MAR