Camposol increased its sales volume by 30.6% between January and September

Between January and September 2020, Camposol, the largest agricultural exporter in Peru, with operations in Colombia and Uruguay, increased the volume of its sales by 30.6% over the same period in 2019, with the commercialization of 80,200 tons. According to the company, this increase was driven by higher sales of mangoes and tangerines.

Despite this increase in sales volume, the value of sales only increased by 1.8% reaching 203.5 million dollars. Avocado sales in that period totaled 68.2 million dollars, i.e. 3.4% less than in the same period of 2019, while blueberry sales fell by 25.2% to 69.1 million dollars. However, sales of its other products totaled 66.3 million dollars and registered a 78.9% increase.

The company's cultivated area grew by 14.9%, reaching 9,477 hectares, as a result of the increase in avocado plantations in Colombia and tangerines in Uruguay.

In the first nine months of the year, Camposol had a net loss of 6.4 million in the first nine months of the year. According to the company, this loss was caused by the drop in the average price of avocados, which fell by 21.6% due to the increase in the supply of this fruit in Europe, the decrease in mango prices, which fell by 19.3%, and the 12 million dollars that the company had to pay for its investments in Uruguay.



Publication date:

Receive the daily newsletter in your email for free | Click here

Other news in this sector:

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber