Peruvian ginger exports close higher for the third consecutive month in June

Published 2024년 7월 24일

Tridge summary

In June 2024, Peru's ginger exports experienced a positive trend, with shipments reaching 4,684 tons valued at US$ 9.3 million, marking a 3% increase in volume and a 47% rise in value compared to June 2023. However, the total export value for the first half of 2024 remains 4% lower than the same period in 2023 due to a significant decline in March. The United States, Netherlands, and Canada were the primary destinations, showing notable increases in value and average prices per kilogram. The rise in international market prices for Peruvian ginger played a crucial role in boosting the export value.

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

Original content

(Agraria.pe) Peru's ginger exports maintained their positive trend in June 2024; However, this encouraging panorama of the last three months has not been enough to compensate for the drop in March (-68% in the value sent). With the result of June, in the accumulated of the year, the export of ginger is 4% below what was sent in the first half of 2023. A negative gap that could be narrowed in the coming months and even reversed, given that it is expected have better results. Shipments of the product totaled 4,684 tons for US$ 9.3 million in June, which was 3% higher in volume and 47% higher in value than the same month of the previous year. The better prices of Peruvian ginger in the international market greatly helped this increase in exports, reaching a price of US$ 1.98 per kilogram (43% higher). Among the product's favorite destinations in the month of June, the same ones as last year stood out: the United States, with 54% participation; followed by the Netherlands, with 27%; ...

Source: Agraria