Peruvian garlic exports grew 44% in value but fell 5% in volume in October

Published 2024년 11월 27일

Tridge summary

In October 2024, Peru's fresh garlic exports saw a decrease in volume but a significant increase in value compared to October 2023. The total export volume dropped by 5%, but the value surged by 44% to $14 million, largely due to a 52% rise in the average price per kilogram. Mexico was the primary market, importing 78% of the exports, followed by the United States with a 17% share. The average price in Mexico also increased by 54%. Australia rounded out the top three buyers, with a 2% share. DP World was the leading port for exports, handling 58% of the total.

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

Original content

(Agraria.pe) In October 2024, Peru's fresh garlic exports reached 4,745 tons for US$ 14 million, showing a -5% drop in volume, but grew 44% in value compared to what was reported in the same month of 2023, driven by a 52% increase in the average price, which was US$ 2.93 per kilogram. Of the ten countries where the product arrived, Mexico was the main destination for Peruvian fresh garlic, concentrating 78% of exports. This market imported 3,534 tons for US$ 11 million, figures that reflected an increase of 94% in volume and 199% in value compared to October 2023. The average price rose 54%, standing at US$ 3.07 per kilogram. The main exporters to Mexico in this month were G&L Foods S.A.C. (17%) and Agroindustrial E&C S.A.C. (15%), which also led in 2023. The United States was the second largest buyer, with a 17% share. Exports to this market decreased -57% in volume and -49% in value, totaling 812 tons for US$ 2.33 million. However, the average price rose 19%, reaching US$ 2.88 ...

Source: Agraria