Peru reduced its olive exports in the second quarter

In the second quarter of 2024, Peru exported 6,856 tons of olives, valued at $16.5 million, representing a 41.5% reduction in volume and 20.3% in value compared to the same period of the previous year, when 11,718 tons were shipped for $20.7 million Despite this decrease in volume and value, the average price per kilogram of Peruvian olives increased by 36.2%, reaching $2.40, according to FreshFruit. The preferred presentation by importers was processed olives (olives in brine, stuffed olives, olives in vinegar, marinated olives, sliced olives and olive paste), which accounted for 70.5% of shipments, with net shipments of 5,776 tons valued at $11.6 million ($2.01 per kilogram). On the other hand, olive oil was registering, with 18.7% of the shipments, the equivalent of 511 tons valued at $3.1 million ($6.04 per kilogram). Finally, fresh olives, with 10.8%, registered shipments of 570 tons for $1.8 million ($3.12 per kilogram). It is worth mentioning that olive oil was the ...