Peruvian exports of tara gum fall in value -61.4% in 2023

Market & Price Trends
Published Feb 20, 2024

Tridge summary

Peru's tara gum exports in 2023 saw a significant decrease of 61.4% to US$ 25,961,806, with the volume shipped also falling by 7.7% to 2,255,760 kilos. The average price per kilogram dropped by 58.18% to US$ 11.51. The main importers included the United States, Italy, China, Argentina, Germany, Spain, and Indonesia. On the other hand, tara powder exports slightly increased by 1.36% to US$ 43,058,991, despite a 5.2% decrease in volume shipped. The average price per kilogram of tara powder rose by 6.8% to US$ 1.57, with China being the primary market.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

( In 2023, Peruvian exports of tara gum reached US$ 25,961,806, showing a contraction of -61.4% compared to the US$ 67,261,604 reached in 2022. This was reported by Agrodata Perú, who noted that in 2023, shipments of tare rubber totaled 2,255,760 kilos, registering a reduction of -7.7% compared to the 2,443,762 kilos shipped in 2022. He detailed that in 2023, the average price of tare rubber amounted to US$ 11.51 per kilogram, showing a decrease of -58.18% compared to the US$ 27.52 per kilo recorded on average in 2022. The main destinations to which the tara gum from Peru went last year were the United States, which acquired it for US$ 4,268,000 (-62.20%); Italy, US$3,467,000 (-31.67%); China, US$3,404,000 (-40.80%); Argentina, US$2,728,000 (-40.23%); Germany, US$2,379,000 (-59.08%); Spain, US$926,000 (-50.51%); Indonesia, US$883,000 (-76.18%). Tara powder Regarding exports of tara powder from Peru, these reached US$ 43,058,991 in 2023, showing a slight increase of ...
Source: Agraria
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