The passage discusses palm oil production in Peru. It has slowed down as land suitability and sustainability have become top priorities. While palm oil production doubled globally from 1999-2009, 85% comes from Malaysia and Indonesia. As suitable land diminishes there by 2022, developers are looking elsewhere, including Latin America. Peru has significant suitable land potential for expansion after Malaysia and Indonesia. However, Peru's expansion has slowed and focuses on already cleared land like pastures to prioritize suitability and sustainability.