Peruvian grape continues its ascending career abroad

Published Feb 15, 2024

Tridge summary

Peru's grape exports have surged by 40% in the first quarter of the 2023-2024 campaign, reaching US$ 1,058 million, as reported by the Association of Exporters (ADEX). This increase is attributed to climate change impacting grape harvests and a rise in demand from Asian countries. As the leading global grape exporter in the 2022-2023 campaign, Peru exports over 50 grape varieties, primarily to the US. ADEX emphasizes the importance of ongoing pest eradication and disease monitoring efforts to uphold Peru's leading position.

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

Original content

Grape exports continue their upward trend abroad. In the first 3 months of the 2023-2024 campaign (October-December) the amount amounted to US$ 1,058 million, which represented an increase of 40% compared to the same period of the 2022-2023 campaign (US$ 753 million 689 thousand ), reported the Agro-Export Management of the Association of Exporters (ADEX). This result is partly explained by the advance of the campaign in the north and south of Peru as a result of climate change (Cyclone Yaku and El Niño), hence it cannot be ruled out that it will have a negative impact in January or February; and the greater demand from some Asian countries before the start of the Chinese New Year (a lot of grapes are consumed). The union's Agroexports manager, Claudia Solano Oré, indicated the need to continue advancing on the pending agenda so that Peru does not give up its global positioning. In the 2022-2023 campaign, Peru was the 1st exporter in the world, according to the consulting firm ...

Source: AdexPeru