2022 was difficult for Peruvian ginger, but 2023 is full of opportunities

Peruvian ginger reaches more than 40 countries and has more than 200 companies that export it. However, 2022 was not his best year. Due to the commercial dynamics and the increase in the supply of the Chinese product, the price obtained for Peruvian ginger dropped significantly. Peru usually exports ginger throughout the year in a homogeneous way. The most sent presentation is the fresh version, which in 2022 represented 92% of exports. In the year, remittances in all their presentations totaled 58,219 tons for a value of US$ 71 million. Said result meant practically the same volume as the previous year (+1%), but with a drop of more than 23% in the exported value. Basically, this was explained by a sharp fall in the price received (-24%), with an average price for the year of US$ 1.22 per kilogram. The result responds to a year marked by excess supply in the main international markets, especially during the first half of 2022, a period in which Chinese ginger made a massive ...