News

Peru: Good prices offset lower ginger volume

Whole Ginger
Vegetables
Peru
Market & Price Trends
Published Mar 17, 2024

Tridge summary

Peruvian fresh ginger reached 15 different destinations in the first month of 2024. At the end of January, 3,163 tons were exported, worth US$ 10 million. The United States stood out, with 67% participation; the Netherlands, with 11%; and Canada, with 9%. In these three countries price increases of more than 100% were recorded. The Netherlands paid one of the highest prices, going from US$ 1.09 in 2023 to US$ 5.06 this year.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

After Peruvian fresh ginger closed 2023 positively, this new year began with a decline in volume (-42% in January), which was able to compensate with a price that almost tripled. At the end of January, 3,163 tons were exported, worth US$ 10 million. This value was 66% higher thanks to the 186% increase in the average price, which closed at US$ 3.21 per kilogram. In January 2023 it was US$ 1.12 per kilogram. During the first month of 2024, the product reached 15 different destinations, of which the United States stood out, with 67% participation; the Netherlands, with 11%; and Canada, with 9%. It should be noted that in these three countries price increases of more than 100% were recorded, which would continue to affirm the great preference for Peruvian ginger over that from other sources. In addition, Canada's participation in this month stood out, as it climbed 2 positions, displacing the United Kingdom. To the United States, Peru sent 2,135 tons for US$ 7 million, which was 10% ...
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