Global imports of food will continue to rise, which is a good opportunity for the exportable supply of companies in the country's food sector.
Peru remains in first place as a supplier of quinoa and fresh blueberries, grapes and asparagus.
Moreover, the South American country is the second largest supplier of processed giant squid, canned artichokes and asparagus, avocados, and Amazonian nuts; as well as the third largest provider of capsicums, frozen mangoes, fan shells, canned palm hearts, Wilkins tangerines, and ginger.
In recent years, there has been a sustained increase in Peruvian exports thanks to the 22 international agreements that the country has entered into, which allow around 90% of total shipments to enjoy tariff preferences at export destinations.
Expectations
Although the world scenario seems a bit complicated this year and the following years, global food imports will continue to rise, which represents a good opportunity for companies in the sector, said Edgar Vasquez, head of the Association of Peruvian Exporters' Global Business and Economics Research Center (Cien-Adex).
"The world exceeded 8 billion inhabitants in 2022, so a continuous increase in food imports is expected this year and the following years," he stated.
There are a number of global consumer trends in organic foods, whose sales could reach around US$294 billion this year: exports of vegetables totaled US$160 billion, while sales of foods with natural flavors
(No artificial colors and no artificial flavors) reached US$18 billion.
(END) DOP/SDD/RMB
Published: 9/25/2023