Tara powder exports in Peru grew 114% from January to May 2021

Published 2021년 7월 28일

Tridge summary

From January to May of 2021, Peru experienced a significant increase in the exports of powdered tara and tara gum, with a 58.3% and 37.1% increase in volume respectively compared to the same period in 2020. China emerged as the primary market for powdered tara, accounting for 55% of exports, followed by Brazil and Argentina. In the case of tara gum, Germany, the United States, and China were the main importers. Despite this growth, the number of companies exporting these products has decreased compared to the previous year.

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

Original content

Regarding the volume, 12,434 tons of powdered tara were exported in that period, reporting an increase of 58.3%. Idexcam explained that this good performance was due to higher shipments to China, the main destination that has a 55% share of total exports. This country acquired 6,844 tons worth 12 million dollars, amounts that meant an increase of 107.2% in weight and 189% in value. The second destination is Brazil, a market that held a 14.1% share, with 1,754 tons (+ 26%) worth 3 million dollars (+ 67%); and third is Argentina, a destination that accumulated 6.9% of participation, with 863 tons exported (+ 516%) for the price of one million dollars (+ 716%). On the other hand, during this period, there were 11 companies that exported this product, a figure lower than the 14 registered in 2020. Likewise, an optimal performance of tara gum exports was observed, that between January and May of this year, Peru sent 1,496 tons worth 14 million dollars, figures that showed an increase ...

Source: AgroNegociosPerú