Peru: Value of avocado exports shrinks 9.5% between January and August 2022

Published 2022년 11월 4일

Tridge summary

Between January and August 2022, Peruvian avocado exports saw a 9.5% decrease in value compared to the same period in 2021, but still surpassed the values of 2020 and 2019. Despite the drop, avocado remains the primary non-traditional export, accounting for 7% of non-traditional exports and 2% of total shipments abroad. However, lower prices and reduced international demand, especially from Europe, have impacted the value of exports. Production areas are primarily in coastal regions, with La Libertad being the leading region. Despite the challenge of potential overproduction, ComexPerú suggests diversifying into Asian markets and using the avocado success to boost other exports like blackberries, raspberries, and aguaymantos.

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

Original content

The Peruvian Foreign Trade Society (ComexPerú) reported that, between January and August 2022, avocado exports reached a value of USD 847 million, which reflected a drop of 9.5% compared to the same period in 2021 ( $936 million). Despite the above, and based on figures from the National Superintendence of Customs and Tax Administration (Sunat), the value recorded during 2022 was higher than those achieved in 2020 and 2019, when shipments were made for USD 721 million and USD 737 million, respectively. Regardless of its drop in export value, ComexPerú noted that “avocado is still positioned as the main product within non-traditional exports. Thus, Peruvian exports of this product represent 7% of our non-traditional exports and 2% of total shipments abroad." "However, the result in value, regarding the volume exported, during the period January-August 2022, is 528,727 tons of avocado, 8.3% more than 2021 (488,200 tons). Thus, the fall in the export value of avocado would not be ...

Source: Portaldelcampo