Peruvian Chia: A booming agro-export potential

Published Aug 29, 2024

Tridge summary

In July 2024, Peru experienced a significant growth in its chia exports, with a 98.4% increase in value and 124.4% increase in volume compared to the same month in 2023, reaching a total of 249 tons valued at $875,000. Despite this growth, the average price per kilogram fell by 11.6% to $3.51. These chia exports found their way to 17 different markets, with Thailand, Canada, and France being the primary ones. Agronegocios Wiraccocha del Perú S.A.C. played a pivotal role in these agricultural exports, contributing 24.5% to the total value, mainly to Thailand. Other significant contributors included Agrofino Foods S.A.C., Glint S.A., Agriprocess S.A.C., and Interamsa Comercial S.A.C.

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

Original content

Peruvian chia has great agro-export potential, with ample opportunities to expand its network of destinations and develop its domestic production. In July 2024, Peru exported 249 tons worth $875,000, representing an increase of 98.4% in value and 124.4% in volume compared to the same month in 2023. According to FreshFruit, despite the growth in volume, the average price was $3.51 per kilogram, 11.6% less than the previous year. Peruvian chia reached 17 destinations in July, surpassing the 14 of last year. The main markets were Thailand, with a share of 36.2%; Canada, with 11.9%; and France, with 9.4%. Thailand imported 100 tons for $316,000 at an average price of $3.17 per kilogram. Meanwhile, Canada acquired 40 tons for $104,000 ($2.60 per kilogram); while France bought 24 tons for $82,000 ($3.43 per kilogram). Agronegocios ...

Source: AgroPeru