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Peru: It is necessary to plan ginger production to avoid oversupply that generates price drop - ADEX

Whole Ginger
Ground Ginger
Peru
Published May 12, 2022

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(Agraria.pe) In the first two months of 2022, shipments of Peruvian ginger abroad totaled US$14,633,000, registering a contraction of -18.8% compared to the same period in 2021 (US$18,040,000, due to lower prices due to the existing oversupply. This was reported by the Agroexports Manager of the Exporters Association (ADEX), Susana Yturry Farge, who indicated that crops need to be planned through a feasibility study led by the Ministry of Agrarian Development and Irrigation (Midagri). He explained that in 2020, Peru was the third world exporter of ginger (US$ 105,600,000) behind China and the Netherlands, this influenced the incursion of a greater number of producers in the cultivation of this food, adding to those who already They were in that category. "Because of the boom that year, and despite the fact that our country was in a privileged position with prices above the market and without competitors that threatened our insertion, the oversupply caused a fall in prices, which ...
Source: Agraria
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