Peru faces challenges and opportunities in the ginger and turmeric export market to Europe

Published 2024년 8월 13일

Tridge summary

The Peruvian ginger and turmeric export market to Europe is experiencing challenges due to production issues and increasing demand. Apasem Foods, a leading organic ginger producer, has seen a 41% decrease in ginger cultivation area for the 2023-2024 agricultural campaign due to low prices and bacterial diseases. Despite these challenges, demand for Peruvian ginger remains stable, especially in Europe. Apasem Foods exports 90% of its ginger to Europe and plans to export 70 containers in 2024, focusing on both European and US markets. The company is also increasing its turmeric powder exports to Austria, the Netherlands, and the US.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Agraria.pe) The export market for ginger and turmeric from Peru to Europe is going through a complex year, marked by production challenges and growing demand. The Association of Agroindustrial Producers and Multiple Services (Apasem Foods), chaired by Peter Herrera, began growing ginger in 2013 and since its foundation in 2018 has stood out in the production and export of organic ginger, but faces significant challenges due to climatic and phytosanitary conditions, as well as international competition. According to Herrera, ginger production in Peru has decreased considerably in 2024. While approximately 4,599 hectares were planted in the 2021-2022 agricultural campaign (Source: BCRP – DRA Junín), in 2023-2024 that figure for the planted area was reduced to about 2,707 hectares (Source: BCRP – DRA Junín), which translates into 41% less planted area, which can be compared with producers. This decrease in the cultivated area is largely due to low prices in 2022 and the presence of ...
Source: Agraria

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