War affects Peruvian avocado shipments to Russia

Published 2022년 3월 25일

Tridge summary

Peru's avocado exports have seen a decrease in both volume and value in the first two months of 2022, primarily due to the conflict in Ukraine disrupting commercial markets. The conflict led to a 6% decrease in volume and 19% decrease in value in February, compared to the same period last year. Russia, previously the third largest recipient of Peruvian avocados, saw a 49% decrease in imports, while Spain and the Netherlands also experienced declines. The rise in prices of essential goods such as gas, oil, corn, and wheat in Europe has further impacted the demand for avocados. Despite these challenges, efforts to extend the Peruvian avocado campaign aim to maintain year-round shipments.

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

Original content

Peru’s avocado shipments dropped last month, year-over-year, as the conflict in Ukraine disrupts commercial markets.As a result of multiple efforts by exporting companies, the Peruvian avocado campaign has been extended in such a way that shipments can now be made throughout the year.This is how, in the first two months of 2022, Peru exported 18,355 tons of avocados worth $41 million, reflecting a 1 percent increase in volume and 11 percent decrease in value compared to the previous year, according to Peruvian consultancy Fresh Fruit.But export success is heading in the wrong direction.In January, exports had shown a growth of 24 percent in volume and 14 percent in value. However, February was complicated because fruit shipments were affected by the conflict between Russia and Ukraine, which caused a contraction of 6 percent in volume and 19 percent in value.In February 2021, Russia had positioned itself as the third most important destination for Peruvian avocados, with an 11 ...

Source: Producebluebook