Good prospects for the export of Peruvian ginger in 2023

Published 2023년 9월 28일

Tridge summary

Despite complications in the market, the Peruvian ginger industry is expected to have a positive year in 2023 due to high international prices and an increase in national stock. Peruvian shipments have seen a significant increase in volume and value, with prices also rising. The North American and European markets are experiencing shortages and high prices due to decreased shipments from China and other producers, providing an opportunity for Peru to capitalize on its high-quality ginger.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The international ginger or kion market has always been characterized by strong competition and currently there is an upsurge in demand, but suppliers are experiencing difficulties in satisfying the market. Peru has also had various complications in the current campaign, but despite this, everything indicates that the Peruvian kion will be able to close positively in 2023, due to good international prices and the increase in national stock. According to FreshFruit, until the end of August, Peruvian shipments totaled 47,550 tons for $66 million, which meant an increase of 49% in volume and 74% in value. Regarding the price, it increased by more than 17%, reaching $1.39 per kilogram. The last few months have been key to these very positive results, as an increase in shipments was observed that allowed us to take even more advantage of the higher prices paid internationally. International dynamics This year, the North American market has been especially short of stock. Campaigns like ...
Source: AgroPeru

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.