In 2024, Peruvian asparagus experienced difficulties due to weather problems that persisted since 2023. These factors impacted the first half of the year, complicating the closure of the season. Despite being relevant in Peru's agro-export basket, asparagus has faced commercial and productive obstacles, such as sensitivity to weather phenomena and difficulty maintaining demand growth with attractive prices. This has limited its progress in the last seven years compared to products such as blueberries, avocados, and grapes. In a seemingly restricted market, consumer trends for more healthy and organic foods present a growth potential that could be harnessed with better strategies.
In the first half of 2024, Peruvian production and prices abroad were low due to weather issues in the country and the successful internal campaigns in the main destinations, which put downward pressure on prices. Volumes and prices improved in the second half of the year, but not enough to end the season with positive numbers. The year ended with 118,942 tons and a value of $484 million, reflecting an 8% drop in volume and a 4% fall in value. However, the average final price increased by 4% to $ 4.08 per kilogram, thanks to high prices at the end of the year.
The region of La Libertad led exports with a 47% share, followed by ICA with 23%, and Lambayeque with 19%. In 2025, volumes increased by 12% in the first few months, but prices fell by 21% due to higher stocks and competition in the main markets. Volumes are expected to recover by 12 to 17%, but the value would only grow by 2 to 5%, which could affect the sector. In Ica, blueberries have gained ground.
The United States was the main destination last season with 75,000 tons (-5%) and a value of $285 million (-2%). Shipments to Europe amounted to 38,000 tons worth $174 million, decreasing by 10% in volume and 6% in value due to internal campaigns and competition from Morocco and Egypt. Low prices are expected during the first half of 2025 until stocks from other seasons run out.
Source: freshfruit.pe