Camposol, a world leader in asparagus exports, will reduce substantially the production in three years, retiring Peru from the external asparagus trade.
The company's marketing manager, José Antonio Gómez Bazan said that asparagus has a life cycle of 10 years and our plants have an average of eight years. If the existing hectares are not renewed in the next three years they will start to cease to exist and the business would disappear.
He explained that the increase in production costs would discourage a possible renewal of the area. "There is no way to justify an investment to replace the asparagus acres," he said.
In fact, as a result of the increase, the company plans to increase the price of asparagus export by 30%. In the past three years, Gomez Bazán estimated that this variable has increased 60%.
"If the market can not take these prices, I do not know if the asparagus business will disappear, but will be reduced considerably," he stated.
Source: Agraria.pe