Tridge summary
In August, Peru experienced a significant decline in ginger exports, with a total of 4,708 tons sent out earning $9.69 million. This represents a 33% decrease in volume and an 18% decrease in value compared to the same month in 2023. Despite the volume drop, the price per kilogram rose by 23% to $2.06. The United States remained the primary market for Peruvian ginger, accounting for 46% of the exports, followed by the Netherlands with 36.8%, and Canada with 4.7%. Each market saw an increase in the average price per kilogram, with the United States experiencing a 26% rise to $2.11, the Netherlands a 29% rise to $2.16, and Canada a 6% rise to $1.85.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Peru exported 4,708 tons of ginger worth $9.69 million in August, representing a 33% decrease in volume and 18% in value compared to the same month in 2023. This drop occurred despite the price increasing by 23%, from $1.67 per kilogram to $2.06 per kilogram. According to FreshFruit, the United States was once again the main destination for Peruvian ginger, absorbing 46% of total exports. There were 2,111 tons purchased for $4.46 million, which meant a 22% decrease in volume and 2% in value. The average price in this market increased by 26%, going from $1.68 per kilogram in 2023 to $2.11 this year. The Netherlands was the second largest market (36.8%), with 1,653 tons purchased (-31%) at a value of $3.57 million ...
Source: AgroPeru
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