The value of Peruvian ginger exports increased by +74%

Published 2023년 10월 5일

Tridge summary

Peruvian ginger exports have seen a significant increase in value but a slower growth in volume. The growth is attributed to a recovery in international demand, but major growers are facing difficulties in meeting this growth due to various reasons such as bad weather and poor quality. Other ginger-producing countries, including Brazil and China, are also experiencing supply shortages, leading to higher prices. Despite good prices, Peruvian ginger exports face quality issues, and measures have been taken to prevent the presence of a harmful bacterium in shipments.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Peruvian ginger exports up to and including August, the increase in value is much greater than the growth in volume. With an export of 47,550 tons, 49% more kilos were shipped, but turnover rose even more, by 74% to $66 million, according to data from consultancy Fresh Fruit. "There is currently a recovery in international demand. However, many of the major growers are experiencing difficulties in meeting this growth. The reasons are varied, from a drop in yields due to bad weather to the decision to change crops at a bad time , at least for ginger, especially at the beginning of the pandemic," the consultancy said in its latest report. "Peru is experiencing several complications this season. The consequences of natural disasters have halted the increase in yields. In addition, serious complications have been reported regarding the quality of the ginger and even the destruction of certain batches. Nevertheless, everything indicates that the ginger sector will have a positive ...
Source: AGF

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.