Peru's Ginger Campaign Faces Ongoing Challenges

The Peruvian ginger sector continues to navigate a challenging landscape. Limited raw material supplies and fluctuating market demand have created a complex situation for exporters like Jalhuca Amazonía. The season began with strong demand and high prices for air shipments, followed by a more cautious market with measured demand for maritime shipments. Price volatility has led to conservative buying behavior from importers, impacting export volumes. Many exporters have already concluded their season due to speculative pricing and quality concerns, though some, like Jalhuca Amazonía, maintain reserves to fulfill existing commitments. Increased demand for turmeric has further strained supplies. Looking ahead to the next season, Peru anticipates a 25% increase in ginger production. Exporters hope to capitalize on potential growth in the US market, driven by new trade policies.