Agronometrics in Charts: Peruvian blueberry exports reach record levels
Peruvian blueberry exports increased 119% in the first half of the year, totaling 146,5 million dollars, according to the Commission for the Promotion of Exports and Tourism of Peru (PROMPERU). In this campaign, at the departmental level, La Libertad has been the most productive region that has contributed the most to exports with 57% of the volume. It is followed by Lambayeque with 26%, Ancash with 11%, Ica with 3%, Lima with 2%, Piura with 1% and Moquegua with 0,3%. The main importer was the United States with $86,3 million, followed by the Netherlands. . In the same period, the UK nearly tripled its purchases of Peruvian blueberries ($11,4m/320,4%) and China increased its purchases by 380,6% to $8,8m. At this rate, some 250.000 tons are expected to be exported at the end of the campaign, which implies that exports would grow by more than 25% compared to the previous year. According to estimates, 90% of shipments would be exported between August and December, and 50% between September and October. Week 32 saw a total of 821 K kg of Peruvian blueberries entering the US market.
Peru exported more than 10,000 tons of blueberries between May and the end of July; a larger volume than at the beginning of the previous campaign. 92% of this volume was shipped by sea and 8% by air.
As for this month's prices, they are expected to be in line with historical prices, unlike in July, when record prices were recorded. Prices are expected to remain stable and provide promotional opportunities.
Peru has seen explosive growth in the blueberry sector over the last decade and its dominance of the global blueberry market is expected to grow, with blueberries now ranked as the second most important agricultural sector in the country. export after table grapes. Some setbacks currently facing the industry include the high costs of ocean freight and imported inputs such as fertilizers, a lack of sufficient space on ships, and rising demand.
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All US domestic farm product prices represent the cash market at the point of shipment (ie, packing house/climate-controlled warehouse, etc.). For imported fruit, price data represents the spot market at the port of entry.
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