Peruvian ginger exports decline by 18.8% in the first two months of 2022

Peruvian ginger exports experienced a year-on-year decline of 18.8% in the first two months of 2022. Peru received €14.05 million for its ginger in January and February. According to the Association of Exporters (Adex), the decline in exports is the result of an oversupply of product. “Due to the boom in 2020 and despite the fact that our country was in a privileged position with prices above the market average and almost without competition, the oversupply of product caused a price decrease. This contraction could have been prevented if Peru had a sophisticated strategy to remain at the top of the export of this superfood,” says Susana Yturry Farge, Horticultural Export Manager at Adex. In 2020, Peru was the third exporter of ginger with a turnover of €101.43 million, after China and the Netherlands. Many growers were attracted by the good results of this crop in 2020. Given the situation, Yturry calls on all players in the chain to work together in a coordinated way and maintain ...