Peru exported 2,304 tons of Brazil nuts for US$18 million between January and June 2022

Published 2022년 9월 7일

Tridge summary

Between January and June 2022, Peru experienced a slight drop in Brazil nut exports but saw an increase in their value. The country exported 2,304 tons of Brazil nuts, valued at US$18 million, marking a 2% decrease in volume but an 8% increase in value compared to the previous year. The average price received for the nuts increased by 10% to US$7.82 per kilogram. The United States, South Korea, and Spain were the primary markets, accounting for 36%, 13%, and 5% of the exports, respectively. Notably, exports to the United States doubled in both volume and value, while those to South Korea saw a significant decrease. Spain's imports of Brazil nuts more than doubled in volume and tripled in value. White Lion Nuts S.A.C. was the leading Peruvian exporter, with a 36% share in the United States and monopolizing the Spanish market.

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

Original content

(Agraria.pe) Peru exported 2,304 tons of Brazil nuts for US$18 million between January and June 2022, showing a 2% drop in volume, but with an 8% growth in value. As for the average price received, it increased 10% compared to 2021, reaching US$7.82 per kilogram. Likewise, the main destinations for this type of chestnut were the United States (36% share), South Korea (13%) and Spain (5%). The US demand for this product increased more than expected: they acquired 809 tons for US$6 million, double both in volume and value of what was shipped a year earlier. However, the price at which the nut was quoted in this market decreased 2%, standing at US$ 7.96 per kilogram. As for the Peruvian exporting company that had a greater participation in this country, it was White Lion Nuts S.A.C., with 36%. Shipments to South Korea totaled 238 tons for US$ 2 million. This was 76% less in volume and 71% less in value than in the previous year. Despite this, the price increased 20%, reaching a price ...

Source: Agraria