Peru exported 173,659 tons of palm for US$ 183.7 million in 2024, showing a drop of -9% in volume and -2% in value

(Agraria.pe) In 2024, palm exports from Peru failed to surpass shipments in 2023, despite registering its best month in 24 months in November. During 2024, palm shipments totaled 173,659 tons for US$ 183.7 million, which meant a reduction of -9% in volume and -2% in value, compared to the previous year. For its part, the average price was US$ 1.06 per kilogram, which implied an increase of 8%. Palm oil abroad stands out for the production of palm oil, a highly efficient crop, since it generates more oil per unit of surface area than any other comparable plant crop, approximately 3-5 tons per hectare of crude oil while 0.6-1 ton per hectare of refined oil. Palm oil was shipped mainly in crude oil (49%), refined oil – RBD (40%) and processed palm oil (11%, corresponding to oil by-products and butter). Export logistics were mainly channeled through DP World, which managed 62% of shipments. APM Terminals followed with 25%, while the Chancay Multipurpose Terminal handled 12%. The rest ...