| Product Code: ETC4595587 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Peru`s import of NPK fertilizers, including both feed-grade and food-grade varieties, saw significant growth in 2024. The top countries exporting to Peru in this category were Norway, Colombia, Russia, China, and Belgium. The market showed a high level of concentration, as indicated by a very high Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 8.71%, while the growth rate from 2023 to 2024 surged to an impressive 59.29%, reflecting a thriving market for NPK fertilizers in Peru.

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 NPK Fertilizers (feed-grade , food-grade) Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, 2021 & 2031F |
3.3 Peru NPK Fertilizers (feed-grade , food-grade) Market - Industry Life Cycle |
3.4 Peru NPK Fertilizers (feed-grade , food-grade) Market - Porter's Five Forces |
3.5 Peru NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Peru NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Peru NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Peru NPK Fertilizers (feed-grade , food-grade) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-quality agricultural products in Peru |
4.2.2 Government initiatives to promote the agricultural sector |
4.2.3 Growing awareness among farmers about the benefits of NPK fertilizers |
4.2.4 Technological advancements in fertilizer production |
4.2.5 Favorable climatic conditions for agriculture in Peru |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Environmental concerns related to the use of chemical fertilizers |
4.3.3 Competition from organic and bio-based fertilizers |
4.3.4 Lack of proper infrastructure for distribution and storage |
4.3.5 Regulatory challenges in the fertilizer industry |
5 Peru NPK Fertilizers (feed-grade , food-grade) Market Trends |
6 Peru NPK Fertilizers (feed-grade , food-grade) Market, By Types |
6.1 Peru NPK Fertilizers (feed-grade , food-grade) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Peru NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 Peru NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By feed-grade , 2021 - 2031F |
6.1.4 Peru NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By food-grade, 2021 - 2031F |
6.2 Peru NPK Fertilizers (feed-grade , food-grade) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Peru NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Bakery Products, 2021 - 2031F |
6.2.3 Peru NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Meat & Meat Products, 2021 - 2031F |
6.2.4 Peru NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Dairy Products, 2021 - 2031F |
6.2.5 Peru NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Beverages, 2021 - 2031F |
6.3 Peru NPK Fertilizers (feed-grade , food-grade) Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Peru NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Powder, 2021 - 2031F |
6.3.3 Peru NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.3.4 Peru NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Others, 2021 - 2031F |
7 Peru NPK Fertilizers (feed-grade , food-grade) Market Import-Export Trade Statistics |
7.1 Peru NPK Fertilizers (feed-grade , food-grade) Market Export to Major Countries |
7.2 Peru NPK Fertilizers (feed-grade , food-grade) Market Imports from Major Countries |
8 Peru NPK Fertilizers (feed-grade , food-grade) Market Key Performance Indicators |
8.1 Average yield per hectare of crops using NPK fertilizers |
8.2 Adoption rate of NPK fertilizers among farmers |
8.3 Soil nutrient levels in key agricultural regions |
8.4 Number of research studies validating the effectiveness of NPK fertilizers |
8.5 Investment in RD for developing innovative NPK fertilizer formulations |
9 Peru NPK Fertilizers (feed-grade , food-grade) Market - Opportunity Assessment |
9.1 Peru NPK Fertilizers (feed-grade , food-grade) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Peru NPK Fertilizers (feed-grade , food-grade) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Peru NPK Fertilizers (feed-grade , food-grade) Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Peru NPK Fertilizers (feed-grade , food-grade) Market - Competitive Landscape |
10.1 Peru NPK Fertilizers (feed-grade , food-grade) Market Revenue Share, By Companies, 2024 |
10.2 Peru NPK Fertilizers (feed-grade , food-grade) 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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