Peru registers a significant drop in ginger export volume at the start of the new season

Published 2024년 10월 28일

Tridge summary

Peruvian ginger exports have seen a significant decrease of -43% in volume and -47% in sea shipments compared to the previous season, with the largest markets, North America and Europe, experiencing drops of 33% and 54% respectively. This decline is attributed to adverse weather conditions, increased certification costs, and the Ralstonia bacteria. The 2024 ginger campaign faces modest expectations due to potential weather-related worsening of the bacteria problem and concerns over Peru's reputation as a quality supplier, exacerbated by the informality and safety issues in the industry. Organic ginger continues to demand a premium price, while conventional ginger experiences price fluctuations.

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

Original content

(Agraria.pe) Peruvian ginger exports registered a sharp drop of -43% in volume compared to the previous season up to week 40. Shipments by sea have decreased by 47%. Exports to North America have fallen by 33%, although this remains the largest export market for Peruvian ginger, with 58% of the total. Europe has a 40% share, after a substantial decline of 54%. Organic ginger is mainly exported, which accounts for 83% of shipments. Conventional ginger exports from Peru have registered a large decline of 69%. These statistics, provided by QC Fresh Fruit in Peru, reveal that up to week 40, 1,335 containers were exported with a total FOB value of US$ 61,933,644. According to one producer and exporters, this reduction is due to a combination of adverse weather conditions, increased certification costs and the presence of the Ralstonia bacteria, which has forced a large part of the export volume to be redirected to the United States. The 2024 ginger campaign has already started, with ...

Source: Agraria