Peru exported 1,706 tons of tomatoes for US$ 2.04 million in July

Published Aug 28, 2024

Tridge summary

Peruvian tomato exports in July saw a significant decrease in both volume and value, largely due to lower demand in the European market. The exports primarily went to American markets, with Colombia, Ecuador, and Brazil being the main destinations. The exports were mostly in the form of paste, with a small portion being fresh tomatoes. Icatom S.A. was the leading tomato exporter in July, followed by Agrícola Don Angel S.A.C. and Virú S.A. The exports were made through DP World, APM Terminals, and Paita.

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

Original content

(Agraria.pe) The outlook for Peruvian tomatoes has been affected by lower demand in the European market, which has allowed other producers to cover those needs and has limited the opportunities for the entry of Peruvian products. Currently, Peruvian tomatoes are mainly focused on the American markets, with little presence in Europe, where demand is already satisfied, making any attempt to improve their performance in that region difficult. Peruvian tomato exports in July totaled 1,706 tons for US$ 2.04 million, showing a contraction of -33.3% in volume and -47.6% in value. In addition to the lower volume, tomatoes experienced a 21.4% drop in average price, which went from US$ 1.52 to US$ 1.19 per kilogram. Peruvian tomatoes were exported mainly in the form of paste (86.8% of the total volume), with 1,248 tons valued at US$ 1.77 million. The remainder was fresh tomato (13.2%), with 457 tons valued at US$ 268,000. Tomato shipments were received in 14 markets. Colombia led as the ...

Source: Agraria