Peru Asparagus HS070920 Export Data 2025 April Overview

Peru Asparagus (HS 070920) 2025 April Export: Key Takeaways

Peru's asparagus exports (HS Code 070920) in April 2025 reveal a high reliance on the US market, which accounts for 86% of export value and 90% of weight, signaling concentrated buyer risk but stable pricing at 3.27 USD/kg for standard-grade produce. The market shows steady demand, with secondary clusters in Europe and regional players offering diversification potential. This analysis, covering April 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Asparagus (HS 070920) 2025 April Export Background

What is HS Code 070920?

HS Code 070920 refers to asparagus, fresh or chilled, a high-value agricultural product primarily consumed in fresh form. This commodity is widely used in the foodservice and retail sectors, driven by global demand for healthy, nutrient-rich vegetables. Peru's asparagus exports are particularly significant due to the country's favorable growing conditions and year-round production capabilities, making it a key supplier to major markets like the U.S. and Europe.

Current Context and Strategic Position

In April 2025, Peru's asparagus exports under HS Code 070920 face a shifting trade landscape. Recent U.S. tariff adjustments, including a 10% baseline levy on all trading partners [EY Tax News], could impact competitiveness. However, Peru secured exemptions for approximately 100 food products, potentially mitigating risks [SAHM Capital]. Peru remains a strategic exporter due to its ability to meet stringent food safety standards and supply chain reliability. Vigilance is critical to navigate evolving trade policies and maintain market share in 2025.

Peru Asparagus (HS 070920) 2025 April Export: Trend Summary

Key Observations

Peru's asparagus exports under HS Code 070920 surged in April 2025, with values hitting $52.51 million and volumes reaching 15.38 million kg, marking a strong recovery from previous months.

Price and Volume Dynamics

The April figures show a dramatic month-over-month increase from March's low of $9.97 million in value, driven by seasonal demand cycles typical for asparagus. Peruvian exports often peak in Q1 due to Northern Hemisphere winter demand, but the sharp dip in February and March may reflect harvest timing or logistical pauses, with April's rebound aligning with late-season market replenishment or improved supply chain conditions.

External Context and Outlook

This recovery was likely supported by US tariff exemptions for Peruvian food products [Sahm Capital], which reduced trade barriers and stabilized export flows. Looking ahead, sustained access to the US market under these exemptions should bolster Peru Asparagus HS Code 070920 Export performance for the remainder of 2025.

Peru Asparagus (HS 070920) 2025 April Export: HS Code Breakdown

Product Specialization and Concentration

In April 2025, Peru's asparagus exports under HS Code 070920 are fully concentrated in fresh or chilled asparagus, with no other sub-codes present, as shown by yTrade data. This single product type, "Vegetables; asparagus, fresh or chilled," represents the entire export volume and value, with a unit price of 3.41 USD per kilogram, confirming a specialized market focused on unprocessed agricultural output.

Value-Chain Structure and Grade Analysis

The absence of varied sub-codes indicates a straightforward export structure centered on fresh produce without significant value-add stages or grade differentiations. This points to a trade in fungible bulk commodities, where product quality and perishability drive market dynamics, rather than complex manufacturing or branding.

Strategic Implication and Pricing Power

Peru's reliance on fresh asparagus exports means pricing power is tied to quality consistency and efficient supply chains. The recent US tariff exemption for about 100 Peruvian food products, including potential asparagus benefits as noted by Sahm Capital, may bolster access to key markets, emphasizing the need for maintaining high standards to leverage trade advantages.

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Peru Asparagus (HS 070920) 2025 April Export: Market Concentration

Geographic Concentration and Dominant Role

The United States dominates Peru's asparagus exports in April 2025, accounting for 86.04% of the value and 89.79% of the weight, indicating a strong reliance on this market for bulk commodity trade. The slight disparity where value ratio is lower than weight ratio suggests consistent, lower-tier pricing around 3.27 USD per kilogram, typical for standard-grade asparagus under HS Code 070920.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: first, European nations like the United Kingdom, Germany, and Spain with moderate import volumes, likely driven by demand for fresh produce in high-income markets. Second, regional players such as Brazil and Colombia with smaller shares, possibly due to proximity and niche distribution channels, reflecting diversified but secondary trade routes.

Forward Strategy and Supply Chain Implications

Peru should prioritize maintaining its US market access, supported by recent tariff exemptions for food products [sahmcapital.com], while exploring growth in European clusters to balance supply chain risks and capitalize on premium potential.

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Peru Asparagus (HS 070920) 2025 April Export: Action Plan for Asparagus Market Expansion

Strategic Supply Chain Overview

Peru Asparagus Export 2025 April under HS Code 070920 operates as a bulk commodity trade. Price is driven by product quality, supply chain speed, and geopolitical access like the US tariff exemption. Supply chain implications focus on securing consistent high-grade output and managing perishability risks due to heavy reliance on the US market.

Action Plan: Data-Driven Steps for Asparagus Market Execution

• Use buyer frequency data to lock in contracts with high-value, frequent clients. This ensures stable revenue and reduces market volatility.
• Analyze European buyer clusters for premium pricing opportunities. Diversifying beyond the US balances supply chain risk and taps into higher-margin segments.
• Leverage the US tariff exemption by prioritizing shipments to qualified buyers. This lowers costs and strengthens competitive advantage in the dominant market.
• Monitor quality metrics and delivery timelines for all HS Code 070920 shipments. Maintaining grade consistency protects pricing power and buyer trust.
• Engage low-frequency, high-value buyers with customized bulk offers. Converting occasional bulk purchasers into regular clients expands market share without increasing fragility.

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Frequently Asked Questions

Q1. What is driving the recent changes in Peru Asparagus Export 2025 April?

Peru's asparagus exports surged in April 2025 to $52.51 million, rebounding from March's low of $9.97 million, driven by seasonal demand and improved supply chains. The recovery was likely supported by US tariff exemptions for Peruvian food products, stabilizing trade flows.

Q2. Who are the main partner countries in this Peru Asparagus Export 2025 April?

The United States dominates, accounting for 86.04% of export value, followed by European markets like the UK, Germany, and Spain, and regional players such as Brazil and Colombia with smaller shares.

Q3. Why does the unit price differ across Peru Asparagus Export 2025 April partner countries?

Peru exclusively exports fresh or chilled asparagus at 3.41 USD/kg, with price variations likely tied to bulk trade dynamics and market-specific demand rather than product grade differences.

Q4. What should exporters in Peru focus on in the current Asparagus export market?

Exporters should prioritize relationships with high-value, frequent buyers (83% of export value) and leverage US tariff exemptions to expand access while exploring growth in European markets for diversification.

Q5. What does this Peru Asparagus export pattern mean for buyers in partner countries?

US buyers benefit from consistent bulk supply at competitive prices, while European and regional buyers gain niche access to fresh produce, though with smaller volumes and potentially higher logistical costs.

Q6. How is Asparagus typically used in this trade flow?

Peru’s asparagus exports are entirely fresh or chilled, catering to unprocessed agricultural demand in retail and foodservice sectors, with no value-added processing or grade differentiation.