Commercial war between US and China jeopardizes Peruvian grape exports

According to the Association of Agricultural Producer Guilds of Peru (AGAP), the distortion that the commercial war between the US and China has generated in the international market has collaterally affected Peruvian grape exports.

There was an increase in the supply in the US due to the North American grapes that could not be exported to China, which led to a decrease in prices that affected the Peruvian grapes directed to that market, said Gabriel Amaro, the executive director of AGAP.

Currently, the United States is the main destination market for Peruvian grapes with nearly 37% of the shipments. It is followed by the Netherlands, Hong Kong, United Kingdom, and China. In 2018, shipments to the United States amounted to $302 million.

The general manager of the Association of Table Grape Producers of Peru (Provid), Carlos Zamorano, said that even though this price distortion may have gone unnoticed in the overall results of the last campaign (August 2018 - March 2019), this fruit's trade has been affected in several periods.

Zamorano also stated that Japan, which stands out for its potential in volumes and prices, would be the next important market to be opened to Peruvian grape exports. He estimated that this opening could have been completed by the next grape campaign (2019-2020), which would begin at the end of August. The manager of Provid also said that Senasa had advanced work to open the Chilean and Argentine markets to Peruvian grape exports.

 

Source: gestion.pe 


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