Peru exported 4,688 tons of ginger for US$ 9.7 million in July: a 20.3% drop in volume, but a 9.4% increase in value

Published Aug 22, 2024

Tridge summary

In July 2024, Peruvian ginger exports saw a 9.4% increase in value but a 20.3% decrease in volume year-over-year, totaling US$ 9.7 million for 4,688 tons. This growth was attributed to a 37.3% increase in average price per kilogram due to low production in China and India, the world's main ginger exporters. These exports were distributed across 16 markets, with the United States being the primary recipient. Other significant destinations included the Netherlands and Spain. Leading Peruvian exporters were Agronegocios la Grama S.A.C., JCH Agroexportaciones S.A., and Elisur Organic S.A.C.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Agraria.pe) In July 2024, Peruvian ginger exports reached US$ 9.7 million for 4,688 tons, showing an increase of 9.4% in value, but a drop of -20.3% in volume compared to the US$ 8.9 million for 5,885 tons reported in the same period of the previous year The growth obtained in value was actually the result of the average price obtained: US$ 2.07 per kilogram, which was 37.3% higher. The better price is due to the low production affecting China and India, two of the main world exporters. Peruvian ginger shipments reached 16 markets, one less than in 2023. The United States was the main destination (it participated with 46.3% of the total), with shipments for US$ 4.5 million and 1,978 tons (average price of US$ 2.27 per kilogram). Behind them were the Netherlands (concentrated 35.0% of the total), with purchases valued at US$ 3.4 million and 1,661 tons (average cost of US$ 2.04 per kilogram); Spain (represented 7.0%), with US$ 674,000 and 293 tons (average price of US$ 2.30 per ...
Source: Agraria
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