The high price of fertilizers hits the production of potatoes in Peru

Published 2023년 2월 26일

Tridge summary

Peru's potato production saw a significant decrease of 12.5% in December 2022, attributed to increased chemical fertilizer prices, with the majority of departments experiencing a drop in production. Despite this, Lima, Amazonas, and La Libertad saw growth. However, income from internal taxes also fell by 7.7%. On a positive note, copper production in the country increased by 19.2%, marking the fourth month of consecutive growth, primarily due to Anglo American Quellaveco and other major mines. Additionally, production of hard yellow corn, grapes, poultry, and electricity also saw positive growth.

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

Original content

Potato production in Peru was 264,091 tons last December, which represents a reduction of 12.5% compared to the same month in 2021, while copper production grew by 19.2%, official sources reported. According to the technical report "Peru: Departmental Economic Panorama" of the National Institute of Statistics and Informatics (INEI), potato production registered negative results in the last four months of 2022 due to the increase in the prices of chemical fertilizers, which caused “the lower availability of these inputs by farmers”. Among the departments that in December showed a worse performance in the production of this tuber, of which Peru has more than 3,500 varieties, the Andean region of Ancash (-65.8%), the northern region of Piura (-56%) and the southern Apurímac (-52.2%). Production also fell in Huancavelica (-50.3%), Moquegua (-45.5%), Ayacucho (-40.4%) and Cuzco (-36.8%), among others, while in Lima, Amazonas and La Libertad, grew by 39.5%, 20.2% and 16.4%, ...

Source: Expreso