{"id":989,"date":"2022-10-17T09:16:05","date_gmt":"2022-10-17T02:16:05","guid":{"rendered":"https:\/\/picoagriviet.com\/?p=989"},"modified":"2022-10-17T09:16:05","modified_gmt":"2022-10-17T02:16:05","slug":"fall-in-peruvian-ginger-prices","status":"publish","type":"post","link":"https:\/\/picoagriviet.com\/en\/fall-in-peruvian-ginger-prices\/","title":{"rendered":"FALL IN PERUVIAN GINGER PRICES"},"content":{"rendered":"

Pico Agriviet<\/strong><\/p>\n

\"\"<\/p>\n

So far this year, Peruvian ginger shipments totaled 37,715 tons for US$47 million.\u00a0This was 15% higher in volume, but 20% lower in value.<\/em><\/p>\n

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From January to September of this year, Peruvian ginger shipments totaled 37,715 tons for US$47 million. Compared to the first nine months of 2021, this was 15% higher in volume, but 20% lower in value.\u00a0This was caused by a decrease in the international average cost, since it was US$ 1.24 per kilogram, which was 30% lower than last year.\u00a0It should be noted that, according to ADEX, this drop in price was caused by the existing oversupply.\u00a0On the other hand, the main destinations in this period were the United States, with a 52% share;\u00a0the Netherlands, with 21%;\u00a0and South Korea, with 5%.<\/p>\n

The North Americans once again remained the main importer of Peruvian ginger, with an imported quantity of 19,109 tons for US$24 million.\u00a0This meant a 26% increase in volume, but a 20% reduction in value, as recorded last year.\u00a0The cost in this market was also affected by the existing oversupply and reached US$1.26 per kilogram, 37% lower than in 2021.<\/span><\/p>\n

A total of 8,888 tons was sent to the Netherlands for US$ 10 million.\u00a0Although this was 8% more in volume, the value was 25% less than the previous year.\u00a0Similarly, the price in this market was reduced by 30%, thus reaching one of the lowest costs (US$ 1.11 per kilogram).<\/span><\/p>\n

Finally, South Korea was a destination that was incorporated into this top, leaving aside Canada.\u00a0Peruvian ginger exports to this Asian destination totaled 730 tons for US$ 3 million.\u00a0With this, shipments to this country were four times more, both in volume and value, as obtained in the same period of 2021. In addition to this, this market was left with one of the highest prices, exceeding the international average (US $3.48 vs. $1.24).<\/span><\/p>\n

Source: https:\/\/freshfruit.pe\/2022\/10\/16\/caida-en-los-precios-del-jengibre-peruano\/<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Pico Agriviet So far this year, Peruvian ginger shipments totaled 37,715 tons for US$47 million.\u00a0This was 15% higher in volume, but 20% lower in value. From January to September of this year, Peruvian ginger shipments totaled 37,715 tons for US$47 million. Compared to the first nine months of 2021, this was 15% higher in volume,…<\/p>","protected":false},"author":1,"featured_media":991,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[91],"tags":[87,86,116,55,77,76,61,56,78,79],"yoast_head":"\nPico Agriviet Company - News - World Agricultural News<\/title>\n<meta name=\"description\" content=\"Pico Agriviet - fall in Peruvian ginger prices. 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