| Product Code: ETC13063200 | 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 |
In 2024, Peru continued to see significant imports of panela, with Ecuador and China emerging as the top exporting countries. Despite the high concentration indicated by the Herfindahl-Hirschman Index (HHI), the market saw a notable growth rate of 796.27% from 2023 to 2024. However, the compound annual growth rate (CAGR) for panela imports in Peru from 2020 to 2024 was -8.95%, reflecting some challenges or fluctuations in the market during this period. The strong growth in 2024 suggests opportunities for further expansion and diversification in the panela import market 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 Panela Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru Panela Market Revenues & Volume, 2021 & 2031F |
3.3 Peru Panela Market - Industry Life Cycle |
3.4 Peru Panela Market - Porter's Five Forces |
3.5 Peru Panela Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Peru Panela Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Peru Panela Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Peru Panela Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Peru Panela Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for natural and unrefined sweeteners |
4.2.2 Growing awareness about the health benefits of panela over refined sugar |
4.2.3 Rising demand for organic and sustainable food products in Peru |
4.3 Market Restraints |
4.3.1 Price volatility in raw material sourcing |
4.3.2 Limited awareness and distribution channels for panela products in urban areas |
5 Peru Panela Market Trends |
6 Peru Panela Market, By Types |
6.1 Peru Panela Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Peru Panela Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Peru Panela Market Revenues & Volume, By Organic, 2021 - 2031F |
6.1.4 Peru Panela Market Revenues & Volume, By Conventional, 2021 - 2031F |
6.1.5 Peru Panela Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.1.6 Peru Panela Market Revenues & Volume, By Block, 2021 - 2031F |
6.2 Peru Panela Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Peru Panela Market Revenues & Volume, By Powdered, 2021 - 2031F |
6.2.3 Peru Panela Market Revenues & Volume, By Granulated, 2021 - 2031F |
6.2.4 Peru Panela Market Revenues & Volume, By Syrup, 2021 - 2031F |
6.2.5 Peru Panela Market Revenues & Volume, By Solid, 2021 - 2031F |
6.3 Peru Panela Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Peru Panela Market Revenues & Volume, By Bakery & Confectionery, 2021 - 2031F |
6.3.3 Peru Panela Market Revenues & Volume, By Beverages, 2021 - 2031F |
6.3.4 Peru Panela Market Revenues & Volume, By Food Processing, 2021 - 2031F |
6.3.5 Peru Panela Market Revenues & Volume, By Home Cooking, 2021 - 2031F |
6.4 Peru Panela Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Peru Panela Market Revenues & Volume, By Supermarkets, 2021 - 2031F |
6.4.3 Peru Panela Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.4.4 Peru Panela Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.4.5 Peru Panela Market Revenues & Volume, By Retail Stores, 2021 - 2031F |
7 Peru Panela Market Import-Export Trade Statistics |
7.1 Peru Panela Market Export to Major Countries |
7.2 Peru Panela Market Imports from Major Countries |
8 Peru Panela Market Key Performance Indicators |
8.1 Number of new product launches using panela as a key ingredient |
8.2 Percentage of consumers opting for panela as a substitute for refined sugar |
8.3 Growth in the number of panela producers obtaining organic certification |
9 Peru Panela Market - Opportunity Assessment |
9.1 Peru Panela Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Peru Panela Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Peru Panela Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Peru Panela Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Peru Panela Market - Competitive Landscape |
10.1 Peru Panela Market Revenue Share, By Companies, 2024 |
10.2 Peru Panela 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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