Peru exported 186,953 tons of onions until October

Published 2023년 12월 6일

Tridge summary

The global market for fresh onions is volatile due to major climatic events in producing countries, resulting in a 13% drop in export volume and 4% in value for Peru between January and October 2023. Despite limited stocks and stable demand, the price of onions has increased by 11% to $0.40 per kilogram, but this was not enough to offset the drop in export volume. The United States remained the main destination for Peruvian onions, with healthy demand and an 8% increase in price, while the European market saw a positive impact with Peruvian onion shipments growing by 70% and prices increasing by 24%.

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

Original content

Currently, the world market for fresh onions is very volatile, due to the major climatic events that producing countries are experiencing. Between January and October 2023, Peru has exported 186,953 tons of the vegetable for $74 million, which meant a drop of 13% in volume and 4% in value. According to FreshFruit, these limited stocks, added to stable demand around the world, have made onions achieve better prices compared to recent years, being quoted at $0.40 per kilogram, 11% higher than the previous period. However, this was not enough to offset the drop in export volume. With respect to the exporting regions, we find that fresh onion still retains a certain deconcentration. Ica continues to be the main exporting region with 53% participation, followed by Libertad with 24%, and closing the podium is a tie between Arequipa and Lambayeque, both with 10% participation. Export dynamics The United States remained the main destination for fresh Peruvian onions. American demand even ...

Source: AgroPeru