Tridge summary
In Q2 2024, Peruvian agricultural exports to Spain surged to nearly $193 million, marking a 49% year-over-year increase. Key exports were avocados, cocoa, and asparagus. Avocados saw a 29% rise in value despite a 6% drop in volume, thanks to a 37% price hike. Cocoa exports skyrocketed with an 8-fold volume increase and an 18-fold value boost, driven by a tripling of its average price. Asparagus experienced slight declines in both volume and value, but a 5% price increase helped cushion the impact.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
In the second quarter of 2024, exports of Peruvian agricultural products continued to grow in the Spanish market. During these three months, shipments from Peru totaled almost $193 million, representing a 49% increase compared to the same period last year, according to FreshFruit. Among the Peruvian products exported, the most notable were avocado, with a share of 56%; followed by cocoa, with 18%; and asparagus, with 6%. Of these, cocoa managed to climb five positions, increasing from almost $2 million in 2023 to just over $35 million in 2024. The avocado was the product that once again accounted for the highest percentage of shipments to this country, with an exported amount of 55,457 tons for $108 million. Compared to 2023, this was 6% less in volume, but 29% more in value. This is thanks to the increase in the average price by 37%, with the Spanish market paying $1.95 per kilogram of Peruvian avocado. Regarding cocoa, it had exponential growth in this second quarter: shipments ...
Source: AgroPeru
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