Peru: Agro-exports stagnated in May

Published 2022년 6월 19일

Tridge summary

In May, Peruvian agricultural exports stagnated at US$528 million, similar to the previous year, despite a 20% increase in the annual accumulated exports to US$3,364 million. The stagnation is due to the negative dynamics of the avocado and mandarin markets, which account for 37% of exports. Avocado exports saw a 6% increase in volume but an 8% decrease in value due to a 13% price drop, while mandarin exports fell by 16% in volume and 10% in value, leading to a 6% increase in price. The Netherlands, United States, and Spain were the main destinations for these exports.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to FreshFruit estimates, Peruvian exports of agricultural products in May would total US$528 million, a figure similar to that of the same month in 2021 (US$527 million). In the annual accumulated, they would reach US$ 3,364 million, which would mean an increase of 20% with respect to the previous year. It is worth mentioning that this is the second consecutive month that agricultural shipments remain stagnant. Until March, exports of fruits, vegetables and grains showed an increase of over 20% each month. However, in April, shipments of agricultural products showed a slight contraction of 2%. The results obtained this month are the product of the negative dynamics of the avocado and mandarin market, which had a joint participation of 37%. A contraction that could be offset by higher shipments of coffee and pomegranate, whose joint share was 9%. AVOCADO PRICES DOWN Avocado exports totaled 99,852 tons for US$ 169 million in May, 6% more in volume and 8% less in value ...

Source: Freshfruit.pe