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

Tara

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

(Agraria.pe) 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