Peruvian shipments of mandarins fell 44% in volume and 40% in value between January and October 2023
Market & Price Trends
Published Nov 28, 2023
Peruvian mandarin exports have experienced a significant decrease in volume and value this year due to challenges with the coloring process caused by high temperatures. The United States and the United Kingdom, the main destination markets, saw a decline in demand for Peruvian mandarins, importing less volume and value compared to the previous year. However, the Netherlands had a positive performance with an increase in volume and worth, making it the second most important destination for Peru. Despite the challenges, Peruvian mandarins have been well-received in the European market and have a competitive advantage in terms of quality and price compared to Spanish mandarins.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Between January and October of this year, Peruvian mandarin exports reached 118,099 tons for US$ 137 million, which meant a drop of - 44% in volume and - 40% in value, compared to the same period in 2022. The United States, the main destination market, considerably reduced its demand, since until October it only imported 53,413 tons for US$ 64 million, thus registering a reduction of 60% in volume and 58% in value. For its part, the United Kingdom, which was the second destination market in 2022, moved to third place, with a total of 11,051 tons acquired for US$ 12 million. That is, a drop of -36% in volume and -26% in value compared to the same period last year. The Netherlands was the only one of the top 3 with good performance in 2023. From January to October, 17,648 tons were shipped to this market for US$ 21 million, which meant an increase of +20% in volume and +51% in worth. This allowed it to position itself as the second most important destination for Peru, improving by ...