Comex Peru: Importation of potatoes does not affect prices of said tuber
Fresh Common Potato
Peru
Published Dec 23, 2021
Tridge summary
In the coming days, the government would implement changes to the price band system. In addition to the adjustments that would be made to establish additional duties on imports of the products included in the system (milk, sugar, hard yellow corn and rice), the inclusion of potatoes in the system would be provided.
Original content
The price band was implemented in our country at the beginning of 2001, with the aim of stabilizing import costs with the prices of products such as hard yellow corn, rice, sugar and whole milk powder, characterized by a marked instability in its international prices. Along these lines, the Peruvian Foreign Trade Society (Comex Peru) pointed out that the importation of potatoes does not affect the prices with which national producers sell said tuber. The union indicated that according to the Ministry of Agriculture and Irrigation (Midagri), in its Technical Note No. 05-2020, it indicates that there are three reasons why the importation of frozen prefried potato would hardly affect the national fresh potato production sector. First, the volume of frozen prefried potato imports is marginal and insignificant. Since 2005, its participation has been equal to or less than 0.7% if we consider national production. As an example, he explained that while in 2020 the national production was ...
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