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Dip in Peru’s agrifood exports

Dip in Peru’s agrifood exports © ADEX
© ADEX

 

Peruvian agro-exports (traditional and non-traditional) amounted to just over US$2.9 billion in the first semester of the year, representing a decline of 0.8% compared to the same period of 2019, reported the Association of Exporters (ADEX). Primary exports (US$132.39 million) fell 24% due to lower shipments of coffee and wool, while value-added exports climbed 0.7% to US$2.77 billion. Among the items that lost ground were asparagus, bananas, preparations used to feed animals, pomegranate, cocoa and blueberries), but there was particularly growth in exports of mango (+51%).

In order to contribute to the sector’s recovery and allow companies and producers to showcase the best of Peru’s products and develop contacts, ADEX will hold the Expoalimentaria virtual 2020 fair, from September 30 to November 15. It will be a great opportunity to do business with the main buyers in the world through a commercial platform.

In the first semester, traditional agricultural exports reached 43 destinations. The US and Germany were the leaders with a joint share of 42%, falling -17.7% and -27.9%, respectively. They were followed by Colombia, Belgium and Japan. Others like Canada, Italy, United Kingdom, Spain and Sweden completed the top ten.

Agribusiness grew overall by 0.7%, with increases in the US, the Netherlands, Spain, Chile, Colombia, Hong Kong and Canada, it registered declines in Ecuador and the United Kingdom. Other Asian markets such as China, Indonesia, Thailand and Malaysia posted significant drops of -21%, -63%, -42.7% and -54.8%, respectively.

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Record in Peru’s banana exports

Peru’s banana exports in the first 10 months of last year were worth US $128.8 million, up 7% on the total for the same period in 2015.

Peru’s banana exports for January to October 2016 were the highest they’ve been for that period in the last five years, a record attributed to increases in its production and in demand in its principal markets.

According to exporter association ADEX, the country’s banana exports in the first 10 months of last year were worth US $128.8 million, up 7% on the total for the same period in 2015. It said the volume exported was also up about 7%.

The main market for Peru’s banana exports last year – accounting for a third of the total – was the Netherlands, for a value of US $43.3 million (up 8.8%). Second was the US, taking a 30.2% share valued at US $ 38.9 million.

Next came Germany with a 14% share ($17.9m), Belgium 9% ($11.2m), the Republic of Korea 4%, Finland, Japan, UK, Canada, the UAE, Italy, France, Mexico, China and Russia, followed by 24 more destinations.

Source of information and image: ADEX media release

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Expoalimentaria receives over 3,000 visitors

Expoalimentaria is a trade fair, directed exclusively at professionals, executives and decision-makers from agribusiness, fishing, supplies, packaging, packaging machinery, equipment and services for the food industr.

Expoalimentaria is the food fair that brings together producers, importers, exporters, distributors, supermarkets and service providers from the five continents under one roof.

At the fair held in September 2016, over 600 exporters did business and created new opportunities for development, once again making Expoalimentaria the most important business platform in Latin America, with sales of $800 million.

“The 8th Expoalimentaria has brought together over 3,000 international visitors from five continents, including importers, exporters, wholesale and retail distributors, supermarkets, food processors and service providers. We have spaces here for big and small companies and we intend for them to be the engine for industrialisation.” said ADEX Alberto Infante Ángeles general manager.

It is worth noting that Peru has benefited very much from the growing world food market, especially in Asia, which is experiencing sustained expansion. Proof of this is the growth and evolution of Expoalimentaria. 

 

 

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Increased Asian demand for Peruvian foodstuffs

Peru boosts its perishable trade to Asia by 47% in 2 years.

Peruvian exports of fresh food products to Asia rose to US$ 496.1 million in 2015, which means a rise of 47% compared to 2015, thanks to the rise in demand for fruit such as grapes, mangoes and citrus, among others.

As for the volume dispatched, in 2015 there were 224,554 tons exported.

The Asian country that imported most fresh produce from Peru was China (US$ 140.8 million), meaning 28.3% of Peruvian agricultural deliveries. Next came Hong Kong (US$ 101.8 million), South Korea (US$ 72.2 million), then Japan, Vietnam, Thailand, Indonesia, Saudi Arabia, Taiwan, India and others; in total 32 destinations according to the figures provided by the exporters’ association ADEX.

Grapes one of Peru’s top exports to Asia

The product that saw the most volume exported was the grape (122,810 tons), which is currently one of Peru’s flagship food export products and is available at the time of the Chinese New Year.

Today, there are ever more Asian countries showing a clear trend in preference away from Red Globe to new seedless red grape varieties. However, despite the increase in demand from China, the United States is still the main destination market for fresh Peruvian grapes, accounting for 29% of the total exported.

Citrus and other emerging products

Another sector that is increasing its potential in Asia is Peruvian citrus. According to ADEX, these products have achieved greater production in recent years, above all in mandarins, which are harvested all year, peaking between April and August. Great expectations have been aroused by the recent introduction of these products into Japan.

ADEX reports that in addition to grapes and citrus, the products most in demand from Asian countries include mangoes, coffee, fresh seaweed, asparagus, cocoa beans, quinoa, bananas, maca, maca flour and giant white corn.

Image: By Addicted04, Connormah – Own work Aquarius.geomar.de CC BY-SA 3.0 https://commons.wikimedia.org/w/index.php?curid=6913562