Peruvian garlic exports grew in value, but not in volume in October

Published 2024년 11월 30일

Tridge summary

In October 2024, Peru's garlic exports saw a 5% decrease in volume but a 44% increase in value, amounting to $14 million from 4,745 tons. Mexico was the primary market, importing 78% of the total, at a 54% higher average price. The United States and Australia also contributed to the exports, experiencing changes in import volumes and averages. DP World was the leading port for these transactions, accounting for 58% of the exports.

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

Original content

In October 2024, Peru exported 4,745 tons of fresh garlic worth $14 million. Although the total volume decreased by 5% compared to the same month in 2023, the exported value grew by 44%, driven by a 52% increase in the average price, which reached $2.93 per kilogram, according to FreshFruit. Of the ten countries where the Peruvian product arrived, Mexico was the main destination for Peruvian garlic, concentrating 78% of exports. This market imported 3,534 tons for $11 million, figures that reflected an increase of 94% in volume and 199% in value compared to October 2023. The average price rose by 54%, reaching $3.07 per kilogram. The main exporters to Mexico this month were G&L Foods S.A.C. (17%) and Agroindustrial E&C S.A.C. (15%), which also led in 2023. The United States was the second largest buyer, with a 17% share. Exports to this market decreased by 57% in volume and 49% in value, totaling 812 tons for $2.33 million. However, the average price rose by 19%, reaching $2.88 ...

Source: AgroPeru