Agronometrics: Peruvian exports of asparagus fall 22% in volume and 5% in value

Published 2024년 7월 16일

Tridge summary

The article reviews the status of the asparagus season in Peru, noting that global trends towards healthier diets have boosted demand. Despite production and commercial challenges in 2022, including falling prices and increased competition, the situation improved in 2023 due to the El Niño phenomenon, which limited global supply and increased prices. However, Peruvian producers still face threats from Mexican and Chinese competition. In 2024, production challenges persist, with decreased yield and fewer producers leading to a decline in export volume and value, although average prices have risen. The United States remains the largest buyer, with Mexico as the main supplier, but Peru still holds significant influence. European markets have seen price increases due to volume shortages, creating opportunities for other producers. Forecasts suggest a possible improvement by the end of 2024, despite the expected decline in export volume and value for the year.

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

Original content

In this installment of the "Agronometrics in Charts" series, Sarah Ilyas reviews the status of the asparagus season in Peru. Each week, the series looks at a different horticultural product, focusing on a specific origin or theme and visualizing the market factors driving change. The global trend towards healthier diets has boosted the demand for asparagus, positioning this crop for positive growth. However, Peruvian exporters have faced numerous production and commercial challenges. After a period of growth and attractive prices, complications arose in 2022. Prices fell and international competition intensified, complicating the placement of Peruvian asparagus in key markets such as North America and Europe. Source: USDA Market News via Agronometrics. Agronometrics users can view this chart with live updates here. In 2023, the situation changed due to the El Niño phenomenon, which limited global supply, including that of Peru, leading to an increase in prices and a favorable year ...

Source: MXfruit