Peruvian fruit exports grow in Singapore

Published 2021년 6월 6일

Tridge summary

In 2020, Singapore's fruit imports rose by 2% to US $ 705 million, with Peru contributing US $ 4 million, marking a 39% increase from the previous year. This growth allowed Peru to surpass Italy as the leading fruit supplier, ranking 21st. Cranberries, grapes, and walnuts were the most notable imports, experiencing significant increases in volume and value. Cranberries saw a doubling in both areas, but prices fell by 2%. Grapes and walnuts also surged, with grapes reaching 0.3% of total imports and walnuts 56%. Despite the increase, walnut prices dropped by 29%.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Singapore imported US $ 705 million in fruit during 2020, showing a growth of 2% compared to the previous year. Of that total, US $ 4 million (0.6%) was provided by Peru. This value was 39% higher than that observed during 2019. With this, the Peruvian fruit maintained its growth streak for the third consecutive year, returning to values prior to 2018, when it registered a drastic fall of 57%. Due to this increase, Peru surpassed Italy for the first time in the supplier ranking, moving to 21st place. In 2020, the star product in this destination was the cranberry, with 431 tons in volume worth US $ 3 million (10% of all that Singapore imports of this product). This represented a growth of 152% in volume and 146% in the total exported value compared to 2019. However, the price of this product decreased by 2% compared to the previous year, reaching a price of US $ 6.49 per kilogram . Behind is the grape, with shipments of 72 tons in volume for a value of US $ 214 thousand (0.3% of ...

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