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Peruvian Mandarin Exports Surge: A 2024 Growth Story of 81% in Volume and 86% in Value

by Tatyana Ivanovich
September 5, 2024
in Fruit, News
0
Peruvian Mandarin Exports Surge: A 2024 Growth Story of 81% in Volume and 86% in Value

August 2024 saw a remarkable increase in Peruvian mandarin exports, with volumes soaring by 81% to a total of 78,401 tons and values climbing by 86% to $101.7 million compared to the same period in 2023. This surge underscores a significant boost in both production and international demand for Peruvian mandarins.

The rise in export figures is attributed to several factors, including favorable growing conditions and enhanced market access. Peruvian mandarins were shipped to 27 countries during this period, with the United States remaining the largest market, absorbing 63% of the exports. Despite the overall increase, the U.S. share of total exports experienced a slight decline, reflecting a diversification of Peruvian mandarin markets.

Noteworthy is the substantial growth in exports to Mexico, which saw its share increase from 5.4% in 2023 to 9.3% in 2024. This surge positions Mexico as a significant player in the Peruvian mandarin export market. Additionally, the Netherlands, which had previously held a prominent position, saw its ranking drop to third place, indicating shifts in regional demand.

Peru’s key export ports, including Paracas, DP World, APM Terminals, and Paita, played a crucial role in facilitating this increased export activity. These ports have been instrumental in handling the higher volumes and ensuring efficient distribution to international markets.

The growth in Peruvian mandarin exports is indicative of the country’s expanding presence in the global fruit market. The combination of increased production capacity, improved quality, and strategic market diversification has contributed to this impressive performance. As the global market for mandarins continues to evolve, Peru’s ability to adapt and capitalize on emerging opportunities will be key to sustaining this growth trajectory.

The substantial increase in Peruvian mandarin exports in August 2024 highlights the country’s growing strength in the global citrus market. With significant gains in volume and value, coupled with a diversified export portfolio, Peru is well-positioned to continue its success in international markets. Ongoing investment in production and logistics will be crucial in maintaining and building upon this momentum.

Tags: Agricultural ExportsCitrus IndustryExport DiversificationExport Growthfruit exportsglobal market trendsMandarin ProductionPeruvian Mandarins
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