Peruvian avocado exports to Russia fell sharply in February

Published Mar 29, 2022

Tridge summary

Peruvian avocado exports experienced a 1% increase in volume but an 11% decrease in value in the first two months of 2022 compared to the same period in 2021. A total of 18,355 tons were exported earning € 37.2 million. The war between Russia and Ukraine led to a decrease in exports to these countries by 49% in volume and 34% in value, making Russia the third most important destination in 2021. Other European countries like Spain and the Netherlands also saw a decrease in imports due to rising prices of gas, oil, corn, and wheat.

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

Original content

Compared to the first two months of 2021, Peruvian avocado exports increased by 1% in volume in January and February 2022, but decreased by 11% in value. In total, 18,355 tons were shipped abroad for € 37.2 million. In January, exports still showed positive year-on-year growth of 24% in volume and 14% in value, but February was a difficult month due to the war between Russia and Ukraine. Exports decreased by 6% in volume and by 19% in value. With a share of 11%, Russia was the third most important destination for Peruvian avocados in February 2021. This year, only 989 tons were shipped to Russia for €1.81 million in February, representing a 49% decrease in volume and 34% in value. However, this was not the only destination affected by the armed conflict. Fewer Peruvian avocados were also exported to Spain and the Netherlands. To Spain, 1,727 tons (-28%) were exported for € 3.63 million (-40%), to the ...

Source: AGF