Bananas: Peru exported 211,162 tons for US $ 148 million

Published Mar 4, 2021

Tridge summary

In 2020, Peru exported 211,162 tons of bananas, valued at US $ 148 million, marking a 3% drop in volume and 2% in value from the previous year. Despite these slight setbacks, Peruvian bananas remain the ninth most important product in the Peruvian agro-export basket, with a 2% share. The average price per kilogram was US $ 0.70, the highest among the top 14 banana-exporting countries, due to the majority of the shipments being organic. The pandemic led to a 9% decrease in exports from March to June and a 10% decrease from January to December. The Netherlands and the United States were the primary importers of Peruvian bananas, paying above-average prices.

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

Original content

During 2020, 211,162 tons of Peruvian bananas were exported for US $ 148 million. Which means a 3% drop in volume and 2% in value, compared to last year. Despite the result, the fruit is the ninth most important product in the Peruvian agro-export basket, with a 2% share. Peru is the 14th global supplier of bananas. The ranking is led by Ecuador (25%), the Philippines (14%) and Guatemala (8%). But Peruvian bananas are one of the best valued in the international market, with an average price of US $ 0.70 per kilogram - almost double the price of the three world leaders, who average US $ 0.42 per kilogram. This, because almost the entire shipments are organic products. Since the best result achieved in 2018 (with a peak of 227,448 tons per US $ 165 million), the price has remained stable at around US $ 0.70 per kilogram. And despite the falls experienced in 2019 (4% less in volume and 9% less in value); In the first two months of 2020, exports increased 7%, compared to last year. ...

Source: PEagronoticias