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Peruvian palm exports in 2024 failed to surpass shipments in 2023

Published Jan 14, 2025

Tridge summary

In 2024, Peruvian palm exports saw a decrease from the previous year, with a total of 173,659 tons valued at $183.7 million, marking a 9% reduction in volume and 2% in value. The average price per kilogram rose by 8% to $1.06. The exports were predominantly crude oil (49%), followed by refined oil (40%) and processed palm (11%). DP World handled the majority of the shipments (62%), and the main markets were Colombia, Chile, and Mexico, accounting for 25.2%, 25.0%, and 24.1% of the exports, respectively.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Peruvian palm exports in 2024 failed to surpass shipments in 2023. Last year, shipments totaled 173,659 tons for $183.7 million, representing a 9% reduction in volume and 2% in value compared to 2023, according to FreshFruit. For its part, the average price was $1.06 per kilogram, which implied an 8% increase. Palm abroad stands out for the production of palm oil, a highly efficient crop, since it generates more oil per unit of surface than any other comparable plant crop, approximately 3-5 tons per hectare of crude oil while 0.6-1 ton per hectare of refined oil. Palm was shipped mainly in crude oil (49%), in refined oil – RBD (40%) and in processed palm (11%, corresponding to oil by-products and butter). Export logistics were mainly channeled through DP World, which managed 62% of shipments. APM Terminals followed with 25%, while the Chancay Multipurpose Terminal handled 12%. The rest of the shipments left through Euroandinos Port Terminals – Paita. From these terminals, Peruvian ...
Source: AgroPeru
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