Peru Food and Drink Report 2016 - Business Monitor International - Industry Reports

Peru Food and Drink Report 2016

Peru Food and Drink Report 2016 - Business Monitor International - Industry Reports
Peru Food and Drink Report 2016
Published Dec 19, 2015
101 pages — Published Dec 19, 2015
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Abstract:

Peru Targets USD-bn Exports To EU: Peruvian agricultural exports to the EU are expected to rise -- y-o-y in ----, surpassing USD-bn by the end of the year according to the chairman of agrifood exporter association Adex. Strong global demand for asparagus and other key products, including cocoa and coffee, are creating new opportunities for Peruvian exporters, Ognio noted. ...According to the minister, production was expected to be higher; however, coffee plantations are still recovering from stripe rust. Agro-Exports Post Average Annual Growth Of -- During ---------: Peru s agriculture exports increased -- annually on average between ---- and ----, and the Peruvian Association of Exporters (ADEX) has stated that the trend could continue during ---- if weather conditions and the prices of traditional products such as coffee remain favourable. Growth in exports will also depend on the status of harvests in other countries, according to ADEX. ...Growth in exports will also depend on the status of harvests in other countries, according to ADEX. The group also highlighted dynamic growth in exports of grapes, pomegranates and avocados (Andina).

...Peru s economic growth will accelerate in ----, further allowing room for tightening as the economy recovers from a multiyear deceleration in headline growth. We forecast -.- real GDP growth in ---- and -.- in ----. ...In addition, with GDP per capita estimated at USD-,--- in ----, incomes in Peru are relatively low by regional standards. With markets becoming close to saturation across the region and major economies such as Brazil and Colombia experiencing a slowdown over the coming quarters, Peru will become an increasingly attractive destination for multinational food and drink companies. The Peruvian consumer has proved resilient to economic headwinds stemming from a contraction in the country s key mining sector. ...This will fuel household purchasing power and boost food consumption growth.

...Delays in major infrastructure projects have been more prolonged than we initially anticipated, driving a -.- y-o-y contraction in construction activity, and prompting us to downgrade our ---- real GDP forecast from -.- to -.- . In addition, a weakening outlook for commodities, amid growing signs of a continued slowdown in Chinese economic growth and tepid global demand, will result in slower activity in Peru s key mining sector. ...

  
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Document ID
1749-2874
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Peru Food and Drink Report 2016" Dec 19, 2015. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Peru-Food-and-Drink-Report-2016-2026-607>
  
APA:
Business Monitor International - Industry Reports. (2015). Peru Food and Drink Report 2016 Dec 19, 2015. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Peru-Food-and-Drink-Report-2016-2026-607>
  
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