Peruvian agricultural products are consolidated in France

Published 2020년 11월 15일

Tridge summary

Between January and August, France's agricultural imports remained stable at US $ 14,369 million compared to the previous year, despite an uncertain economic climate due to the pandemic. Consumption in France saw initial growth but declined in the early months of the pandemic, only to recover slightly in August. French imports of Peruvian products increased by 1% to US $ 199 million, making Peru the twelfth largest food supplier to France. Notable growth in imports of Peruvian mangoes, asparagus, and bananas, despite overall imports of French mangoes seeing a decline. Peruvian asparagus was the second most imported, behind Spain, and Peruvian bananas were the best priced in the market. This growth in Peruvian imports reflects a shift in market dynamics, with Peru becoming a more significant supplier in the face of changes in supply from other countries like Ivory Coast.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Between January and August, agricultural imports from France totaled US $ 14,369 million, a value similar to that obtained in 2019. The observed results occurred in an uncertain context. According to the Thomson Reuters report, during the first two months of the year, consumption in France grew 3.2%, auguring a good year for its main suppliers. However, with the spread of the virus, this scenario changed and consumption fell to 1.2% between March and July. In August, the economy began to recover and consumption increased 2.3%, driven mainly by manufactured goods. As for food consumption, this remained similar to that of 2019. The report also indicates that the growth of the last month is driven by a postponement of sales that were not made during the pandemic. The French concern about unemployment and falling income is increasingly evident, and in the coming months consumption is expected to contract again. Within this pendulum dynamic, French imports of Peruvian products totaled ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.