Tridge summary
In June, the exports of fruits, vegetables, and grains increased by 29% compared to the same period in 2019, totaling 228,164 tons and reaching a value of $ 512 million, a 3% increase from the previous year. The first half of 2020 saw a 3% increase in agricultural exports, totaling $ 2.84 billion. This growth was driven by an increase in global food demand as countries begin to recover from the pandemic. However, long-term trends indicate a decrease in food consumption due to economic slowdown, which could lead to fluctuations in prices. The report highlights the dynamic market trends of various agricultural products, with avocado, tangerine, orange, and ginger seeing significant growth, while banana and coffee exports experienced a decline. The article provides an in-depth analysis of the export values and trends for each product, offering a comprehensive overview of the global market for these agricultural commodities in the first half of 2020.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Exports of fruits, vegetables and grains in June totaled 228,164 tons, 29% more than in the same period of 2019. Regarding the value reached, FreshFruit estimates indicate that shipments totaled US $ 512 million, 3% per on top of the previous year. In aggregate terms, exports of these products during the first half of 2020 would total US $ 2.84 billion, 3% above 2019. In June, agricultural exports were favored by growth in world food demand. As countries have returned to normality, their imports began to increase, especially those of fresh and healthy products. In China, one of the first countries to revive its economy, it was observed that the demand for food grew 16% in the last three months. In the case of the Netherlands, which is the best thermometer in Europe in the process of economic reopening, demand growth of 5% was observed. For its part, in the United States, a country that continues to face the disease hard, growth of 2% was observed. Despite the observed dynamics, ...
Source: Freshfruit.pe
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