The Central Bank of Peru published figures showing agricultural and livestock activity grew 7.5% year on year in December 2024 and 4.9% over 2024, marking a return to annual growth after the climate shocks recorded in 2023. December’s expansion was driven by higher export-oriented output, up 27.8%, led by larger volumes of blueberries, grapes and mangoes supported by favourable climatic conditions, alongside higher plantings of paprika and increased asparagus harvests. By contrast, agricultural production for the domestic market fell 1.9% and agroindustrial output declined 3.1%, while poultry meat production increased 3.4% due to higher placements of BB chicks.
Central Bank of Peru 2025-03-03
Central Bank of Peru reports agricultural and livestock activity rose 7.5% in December 2024 and 4.9% in 2024
The Central Bank of Peru reported a 7.5% year-on-year growth in agricultural and livestock activity for December 2024, with a 4.9% increase over the year, recovering from 2023's climate shocks. December's growth was driven by a 27.8% rise in export-oriented output, notably blueberries, grapes, and mangoes, due to favorable weather. However, domestic agricultural production decreased by 1.9%, and agroindustrial output fell by 3.1%, while poultry meat production rose 3.4%.