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Peruvian mandarin exports increased by 29% in volume and 32% in value


Overview of the peruvian mandarin season, complemented by charts from Agronometrics.


Original published in FreshPlaza.com on September 24, 2020 

The 2020 Peruvian mandarin campaign is in its final stretch, yielding very positive results. According to estimates, up until September 15, the country exported 173,751 tons of mandarins worth $ 215 million, i.e. 29% more volume and 32% more value than in the same period of 2019. Despite the increase in supply, the average price of mandarins stood at US $ 1.24 per kilogram, i.e. 2% more than in the previous year.

Prices (in USD/KG) of clementines in the US Market
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

Early varieties reversed their decline

Shipments of the early Satsumas and Clementines varieties, which are exported between March and July, experienced a decreasing trend until 2019. However, during 2020 the high demand for citrus fruit, which was driven by the pandemic, managed to reverse this negative trend.

In this campaign, exports of early varieties totaled 52,110 tons (+ 32%) worth $ 57 million (+ 37%). However, they were well-received due to the lack of supply of the rest of the varieties. This can be appreciated by the fact that they achieved the lowest prices: $ 1.03 per kilogram, i.e. 12% less than the average and 4% more than in 2019.

The main destination of these mandarins was the United States, with 16,415 tons (+ 50%) worth US $ 20 million (+ 49%). It was followed by the United Kingdom with 15,112 tons (+ 39%) and US $ 15 million (+ 37%), and the Netherlands, with 7,243 tons (+ 33%) and US $ 20 million (+ 47%).

Historical volumes (in KG) of clementines from Peru in the US Market
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

Late varieties continued to grow

The late varieties, which are exported between June and September, are made up of hybrids, such as Murcott, Nadorcott, and Malvaceo. This year, the growth in demand continued to drive Peruvian exports of hybrid varieties, which totaled 121,642 tons (+ 28%) worth $ 158 million (+ 30%). These are the best-paid varieties in the world market, as their price stands at $ 1.30 per kilogram, i.e. 5% more than the average and 2% more than in 2019.

The main destination for hybrid mandarins was the United States, with 63,862 tons (+ 41%) worth $85 million (+ 41%). It was followed by the United Kingdom, with 13,016 tons worth $ 18 million (similar to 2019), and China with 11,556 tons (+ 26%) worth $ 13 million (+ 27%).

Increase in processed mandarins

During the 2020 campaign, exports of processed mandarin grew and totaled 6,363 tons (+ 82%) worth $ 13 million (+ 135%). The price of processed mandarins stood at $ 2.05 per kilogram, i.e. 29% higher than in the previous year.

The main destinations for processed mandarins were the United States, with a 73% share, and Germany, with 16%. The News in Charts is a collection of stories from the industry complemented by charts from Agronometrics to help better tell their story.

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