Peruvian asparagus exports fall by 22% in volume and 5% in value

Published 2024년 7월 17일

Tridge summary

The global demand for asparagus due to healthier diet trends has led to challenges for Peruvian exporters, with price drops and increased competition in 2022. However, the 2023 El Niño phenomenon reduced global supply, resulting in higher prices and a profitable year for Peruvian producers, despite threats from Mexican and Chinese production. In 2024, Peruvian asparagus exports are expected to decrease due to adverse weather conditions and a reduction in the number of producers, with the United States and Europe remaining key markets. Peruvian producers face the challenge of meeting demand while maintaining product quality and competitiveness.

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

Original content

(Agraria.pe) The global trend towards healthier diets has boosted the demand for asparagus, positioning this crop for positive growth. However, Peruvian exporters have faced numerous production and commercial challenges. After a period of growth and attractive prices, complications arose in 2022. Prices fell and international competition intensified, complicating the placement of Peruvian asparagus in key markets such as North America and Europe. In 2023, the situation changed due to the El Niño phenomenon, which limited global supply, including that of Peru, leading to an increase in prices and a favorable year for Peruvian asparagus producers. However, the persistent threat of Mexican production, with its easy access to the North American market and China's ability to satisfy large international demand, endangers Peru's position in the world market. In 2024, Peruvian production continues to feel the impact of the adversities of the previous year, with a decrease in yield per ...

Source: Agraria