Peru has the potential to export more turmeric to the world

In 2022, between January and September, Peru exported 1,878 tons of turmeric worth US$2.3 million, a record at that time. And although many agricultural products face negative scenarios, turmeric is one of the few that has emerged victorious in this complex scenario with a 20% increase in volume and 30% in value, exporting a total of 2,252 tons for US$3. 7 million. Currently, India is the world's largest supplier of turmeric, followed by Burma and the Netherlands (a “re-exporter” actually). In 2022, Peru was ranked 8th in the world ranking of turmeric supplier countries and 1st in Latin America, so, with the new results, its global position is expected to improve. The growth of Peruvian turmeric exports is aligned with the expectations that existed about this product, which was forecast to increase its global demand by 12.5% between 2020 and 2025, explained by the increase in concern for health, anti-inflammatory properties and the growth of the textile and cosmetic market. An ...