Peru enjoying favorable climate for grape exports

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Peru enjoying favorable climate for grape exports

Peruvian grape exports are expected to continue on a positive upward trend in 2013 with 28.7% forecasted growth, Peru's Alerta Económica reported.

The jump follows a strong 2012 season, which is expected to close with 30.4% export growth.

Positive sales are attributed to greater demand from the Netherlands, the United Kingdom and Hong Kong, alongside higher sales to China and South Korea.

Peru benefits from counterseason production and the willingness of the U.S and Korea especially to pay higher prices at the beginning of the season.

The Peruvian grape industry will also benefit from new, favorable treaties with New Zealand and the U.S.

In the case of the U.S., Peruvian grapes were welcomed to the market for the first time for the 2013 campaign.

Between January and October, shipments totaled US$151 million, a 37.8% increase.

The main markets for Peru are  Hong Kong (20.9%), the Netherlands (10.7%), Russia (9.5%) and the U.S. (7.7%).

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