| Product Code: ETC8821290 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Peru continued to see a high concentration of herbicide import shipments, with top exporting countries including China, USA, Mexico, Colombia, and Germany. The Herfindahl-Hirschman Index (HHI) remained at elevated levels, indicating a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 1.41%, showing steady growth in herbicide imports. However, the growth rate in 2024 slowed slightly to 0.58%, suggesting a potential stabilization in the market. The data reflects the significance of these key exporting nations in supplying herbicides to meet Peru`s agricultural needs.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Peru Herbicide Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru Herbicide Market Revenues & Volume, 2021 & 2031F |
3.3 Peru Herbicide Market - Industry Life Cycle |
3.4 Peru Herbicide Market - Porter's Five Forces |
3.5 Peru Herbicide Market Revenues & Volume Share, By Application Mode, 2021 & 2031F |
3.6 Peru Herbicide Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
4 Peru Herbicide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of modern farming practices in Peru |
4.2.2 Growing demand for high-quality agricultural produce |
4.2.3 Government initiatives to promote sustainable agriculture practices |
4.3 Market Restraints |
4.3.1 Stringent regulations on pesticide and herbicide usage |
4.3.2 Rising concerns about environmental impact of chemical herbicides |
5 Peru Herbicide Market Trends |
6 Peru Herbicide Market, By Types |
6.1 Peru Herbicide Market, By Application Mode |
6.1.1 Overview and Analysis |
6.1.2 Peru Herbicide Market Revenues & Volume, By Application Mode, 2021- 2031F |
6.1.3 Peru Herbicide Market Revenues & Volume, By Chemigation, 2021- 2031F |
6.1.4 Peru Herbicide Market Revenues & Volume, By Foliar, 2021- 2031F |
6.1.5 Peru Herbicide Market Revenues & Volume, By Fumigation, 2021- 2031F |
6.1.6 Peru Herbicide Market Revenues & Volume, By Soil Treatment, 2021- 2031F |
6.2 Peru Herbicide Market, By Crop Type |
6.2.1 Overview and Analysis |
6.2.2 Peru Herbicide Market Revenues & Volume, By Commercial Crops, 2021- 2031F |
6.2.3 Peru Herbicide Market Revenues & Volume, By Fruits & Vegetables, 2021- 2031F |
6.2.4 Peru Herbicide Market Revenues & Volume, By Grains & Cereals, 2021- 2031F |
6.2.5 Peru Herbicide Market Revenues & Volume, By Pulses & Oilseeds, 2021- 2031F |
6.2.6 Peru Herbicide Market Revenues & Volume, By Turf & Ornamental, 2021- 2031F |
7 Peru Herbicide Market Import-Export Trade Statistics |
7.1 Peru Herbicide Market Export to Major Countries |
7.2 Peru Herbicide Market Imports from Major Countries |
8 Peru Herbicide Market Key Performance Indicators |
8.1 Adoption rate of integrated pest management practices |
8.2 Percentage increase in organic farming in Peru |
8.3 Investment in research and development of bio-based herbicides |
9 Peru Herbicide Market - Opportunity Assessment |
9.1 Peru Herbicide Market Opportunity Assessment, By Application Mode, 2021 & 2031F |
9.2 Peru Herbicide Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
10 Peru Herbicide Market - Competitive Landscape |
10.1 Peru Herbicide Market Revenue Share, By Companies, 2024 |
10.2 Peru Herbicide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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