| Product Code: ETC12700896 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Peru`s import shipments of NPK fertilizers in 2024 continued to see significant growth, with top exporting countries being Norway, Colombia, Russia, China, and Belgium. The market remained highly concentrated, as indicated by a very high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 8.71%, with a notable growth rate of 59.29% from 2023 to 2024. These trends suggest a robust demand for NPK fertilizers in Peru and highlight the country`s reliance on imports from a select group of key suppliers.

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 Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru NPK Market Revenues & Volume, 2021 & 2031F |
3.3 Peru NPK Market - Industry Life Cycle |
3.4 Peru NPK Market - Porter's Five Forces |
3.5 Peru NPK Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Peru NPK Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.7 Peru NPK Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Peru NPK Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Peru NPK Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high crop yield and quality due to growing population and changing dietary preferences |
4.2.2 Government initiatives to promote modern agricultural practices and increase crop productivity |
4.2.3 Technological advancements in fertilizer production and application methods |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in NPK fertilizer production |
4.3.2 Environmental concerns and regulations related to fertilizer usage |
4.3.3 Competition from organic and alternative fertilizers impacting market share |
5 Peru NPK Market Trends |
6 Peru NPK Market, By Types |
6.1 Peru NPK Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Peru NPK Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Peru NPK Market Revenues & Volume, By Nitrogen, 2021 - 2031F |
6.1.4 Peru NPK Market Revenues & Volume, By Phosphorus, 2021 - 2031F |
6.1.5 Peru NPK Market Revenues & Volume, By Potassium, 2021 - 2031F |
6.1.6 Peru NPK Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Peru NPK Market, By Application Area |
6.2.1 Overview and Analysis |
6.2.2 Peru NPK Market Revenues & Volume, By Cereals and Grains, 2021 - 2031F |
6.2.3 Peru NPK Market Revenues & Volume, By Oilseeds and Pulses, 2021 - 2031F |
6.2.4 Peru NPK Market Revenues & Volume, By Fruits and Vegetables, 2021 - 2031F |
6.3 Peru NPK Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Peru NPK Market Revenues & Volume, By Farmers, 2021 - 2031F |
6.3.3 Peru NPK Market Revenues & Volume, By Agricultural Cooperatives, 2021 - 2031F |
6.3.4 Peru NPK Market Revenues & Volume, By Commercial Growers, 2021 - 2031F |
6.4 Peru NPK Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Peru NPK Market Revenues & Volume, By Powder, 2021 - 2031F |
6.4.3 Peru NPK Market Revenues & Volume, By Liquid, 2021 - 2031F |
7 Peru NPK Market Import-Export Trade Statistics |
7.1 Peru NPK Market Export to Major Countries |
7.2 Peru NPK Market Imports from Major Countries |
8 Peru NPK Market Key Performance Indicators |
8.1 Average application rate of NPK fertilizers per hectare |
8.2 Adoption rate of precision agriculture techniques in NPK fertilizer application |
8.3 Percentage of arable land utilizing NPK fertilizers |
8.4 Soil health indicators such as nutrient levels and pH balance |
8.5 Farmer education and training programs participation rates |
9 Peru NPK Market - Opportunity Assessment |
9.1 Peru NPK Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Peru NPK Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.3 Peru NPK Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Peru NPK Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Peru NPK Market - Competitive Landscape |
10.1 Peru NPK Market Revenue Share, By Companies, 2024 |
10.2 Peru NPK 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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