Peruvian ginger fetches good prices due to low production in China and India

Published 2024년 8월 24일

Tridge summary

In July 2024, Peru's ginger exports saw a decrease in volume but an increase in value compared to the same period in the previous year. The country exported 4,688 tons of ginger, valued at $9.7 million, marking a 20.3% decrease in volume but a 9.4% increase in value year-over-year. This growth is due to a 37.3% increase in the average price per kilogram, which was influenced by low production in China and India. Peru exported to 16 markets, with the United States being the primary recipient (46.3%). The Netherlands was the second-largest buyer, followed by Spain, Canada, and Italy. Notable Peruvian exporters included Agronegocios la Grama S.A.C., JCH Agroexportaciones S.A., and Elisur Organic S.A.C.

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

Original content

In July 2024, Peru exported 4,688 tons of ginger for $9.7 million, down 20.3% in volume but up 9.4% in value compared to the same period last year, according to FreshFruit. This growth is due to the average price reached of $2.07 per kilogram, 37.3% higher than the previous one. The increase in price is attributed to low production in China and India, two of the world's main exporters. Ginger shipments reached 16 markets, one less than in 2023. The United States was the main destination (46.3%), with exports quoted at $4.5 million (1,978 tons at an average price of $2.27 per kilogram). The Netherlands followed with a 35.0% share, purchasing $3.4 million in 1,661 tons at an average cost of $2.04 per kilogram. Spain purchased $674,000 worth of 293 tons at $2.30 per kilogram. Canada ...

Source: AgroPeru