Mexican asparagus accelerates its advance in the British market: What does it mean for Peru?

Published 2024년 10월 7일

Tridge summary

In 2022, Peru regained the title as the world's leading supplier of fresh asparagus, overtaking Mexico. However, Mexican asparagus saw a surge in demand in the United Kingdom in May and June of 2024, making it the leading exporter to the country during that period. Despite this, Peruvian asparagus faced challenges, with a 20% decrease in yield per hectare in 2024 due to issues from the previous year. The United States, Spain, and the United Kingdom were the primary markets for Peruvian asparagus, with the United States experiencing a slight dip in imports. Despite this, the average price per kilogram in the US market increased by 5%. Spain's imports of Peruvian asparagus saw a significant growth, more than offsetting the decrease in imports from the US. The United Kingdom's imports of Peruvian asparagus increased in value but decreased in volume. The report also highlighted the role of key exporting companies and buyers in these markets.

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

Original content

(Agraria.pe) Until 2021, Mexico was the world's leading supplier of fresh asparagus. However, in 2022, Peru regained the lead after five years, relegating Mexico to second place. Since then, the Aztec country has been trying to regain its position, focusing on increasing its presence in key markets also served by Peru, including the United Kingdom. Thus, between May and June 2024, Mexico managed to become the main exporter of asparagus to the United Kingdom, marking a notable change compared to what happened in 2023. Although Peruvian remittances did not decrease significantly in this period, Mexican asparagus benefited from an increase in British demand. This would suggest that Peruvian asparagus continues to face a difficult year, with a yield per hectare 20% lower than in the same period of the previous year, due to the difficulties inherited from 2023. In light of this, Mexico has managed to take advantage of its increased production to adapt to changes in international ...

Source: Agraria