Peru Asparagus HS070920 Export Data 2025 January Overview

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

Peru’s asparagus exports (HS Code 070920) in January 2025 reveal a market heavily reliant on the U.S., which accounts for 68.66% of export value and 74.55% of weight, signaling bulk, lower-grade trade. The UK and Spain emerge as premium markets with higher unit prices, offering diversification potential. This analysis, based on cleaned customs data from the yTrade database, highlights the need for supply chain efficiency to sustain U.S. demand while exploring higher-value opportunities.

Peru Asparagus (HS 070920) 2025 January Export Background

What is HS Code 070920?

HS Code 070920 refers to asparagus, fresh or chilled, a high-value agricultural product primarily consumed in gourmet and health-conscious markets. Asparagus is a perennial crop with strong demand in North America, Europe, and Asia due to its nutritional benefits and culinary versatility. Key industries relying on this product include retail supermarkets, food service providers, and processed food manufacturers. Global demand remains stable, driven by increasing health awareness and premiumization trends in food consumption.

Current Context and Strategic Position

In 2025, Peru's asparagus exports face a dynamic trade environment shaped by recent policy shifts. The U.S. imposed a 10% baseline tariff on all trading partners in April 2025 [EY Tax News], though a November 2025 exemption for certain Peruvian food products did not explicitly include asparagus [SAHM Capital]. Additionally, the U.S. suspended the de minimis exemption for international shipments in August 2025, subjecting even low-value asparagus exports to duties [FedEx Peru]. Meanwhile, the EU updated its rules of origin under the EU-Colombia-Peru-Ecuador Trade Agreement, affecting how Peruvian agricultural exports qualify for preferential tariffs [European Commission].

Peru remains a strategic global supplier of asparagus, leveraging its counter-seasonal production to meet Northern Hemisphere demand. However, these policy changes necessitate heightened market vigilance for Peru Asparagus HS Code 070920 Export 2025 January trade flows, particularly in navigating tariff structures and compliance requirements.

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

Key Observations

In January 2025, Peru's asparagus exports under HS Code 070920 recorded a value of $72.86 million and a volume of 19.02 million kg, marking a solid performance for the month and setting a positive tone for the year.

Price and Volume Dynamics

The strong January figures align with typical seasonal patterns for asparagus, where Peru's Southern Hemisphere harvest peaks during this period, supplying off-season demand in key markets like the US and EU. While direct QoQ or YoY comparisons aren't feasible with single-point data, the high volume suggests robust export momentum, likely driven by steady international appetite for fresh produce and efficient supply chain logistics.

External Context and Outlook

Trade policy shifts, including the US imposition of a 10% baseline tariff in April 2025 [EY Tax News], may have prompted accelerated shipments early in the year to mitigate future costs. Additionally, ongoing updates to EU trade agreements (EU Taxation and Customs) and the suspension of US de minimis exemptions (FedEx) underscore a volatile regulatory landscape, though January's data indicates Peru's asparagus exports remain resilient amid these headwinds.

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

Product Specialization and Concentration

For Peru's asparagus exports under HS Code 070920 in January 2025, the market is entirely concentrated on a single product type. The sub-code for fresh or chilled asparagus dominates with a 100% share of export value and weight, achieving a unit price of 3.83 USD per kilogram. According to yTrade data, this confirms a highly specialized export focus without any price anomalies or variations.

Value-Chain Structure and Grade Analysis

The export structure shows no sub-code diversity, meaning all Peru asparagus shipments are uniform fresh or chilled product. This indicates a bulk commodity trade, where goods are fungible and typically priced based on agricultural market indices rather than value-added differentiation or grade variations.

Strategic Implication and Pricing Power

With a homogeneous product offering, Peru's asparagus exporters face commodity-driven pricing with limited individual pricing power. Strategic efforts should prioritize operational efficiency and market access to compete effectively on volume and cost in the global trade environment.

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

Geographic Concentration and Dominant Role

For Peru Asparagus HS Code 070920 Export in 2025 January, the United States is the clear dominant importer, accounting for 68.66% of the value and 74.55% of the weight. The lower value ratio compared to weight ratio indicates a unit price of approximately 3.53 USD/kg, suggesting that the US primarily imports lower-grade or bulk asparagus, typical for commodity products where volume drives trade.

Partner Countries Clusters and Underlying Causes

The importers form three clusters: the US stands alone as the high-volume, low-unit-price hub, likely due to its large market and demand for cost-effective supplies. The second cluster includes the United Kingdom and Spain, with higher unit prices around 5.64 USD/kg and 4.04 USD/kg respectively, indicating a focus on premium, fresh asparagus for quality-conscious consumers. A third cluster of smaller importers like the Netherlands and Belgium may represent niche or re-export markets, with varied unit prices reflecting specific regional demands or logistical advantages.

Forward Strategy and Supply Chain Implications

Given the heavy reliance on the US for bulk exports, Peruvian suppliers should prioritize supply chain efficiency to maintain freshness and reduce spoilage risks. Diversifying into higher-value markets like the UK and Spain could stabilize revenue, while monitoring trade policies for any changes that might affect asparagus exports, though current news does not provide specific support for this product.

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

Strategic Supply Chain Overview

The Peru Asparagus Export 2025 January under HS Code 070920 operates as a bulk commodity trade. Price is driven by agricultural market indices and quality grades, not product differentiation. Heavy reliance on the U.S. market (68.66% of value) for volume sales at lower unit prices creates vulnerability to demand shifts or trade policy changes. The supply chain must prioritize speed and freshness for perishable goods, with high-volume, frequent buyers (87.82% of value) dictating logistics. Diversification into higher-value markets like the UK and Spain offers price stability but requires adapted quality handling.

Action Plan: Data-Driven Steps for Asparagus Market Execution

• Analyze buyer purchase frequency data to forecast demand cycles and optimize harvest scheduling. This prevents overstock and reduces spoilage risk.
• Use trade flow analytics to identify new buyers in premium markets like the UK and Spain. This diversifies revenue streams away from bulk-dependent U.S. sales.
• Monitor U.S. customs policy updates for changes to de minimis exemptions or tariffs. This allows rapid adjustment of shipment sizes to avoid cost penalties.
• Track competitor export data under HS Code 070920 to benchmark pricing and volume strategies. This ensures Peru maintains competitive positioning in key markets.
• Implement supply chain tracking for shipment freshness and delivery times to high-volume buyers. This strengthens relationships and secures repeat orders.

Take Action Now —— Explore Peru Asparagus Export Data

Frequently Asked Questions

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

Peru's asparagus exports in January 2025 show strong performance due to seasonal harvest peaks and steady demand from key markets like the US and EU. Exporters may also be accelerating shipments ahead of a US tariff increase in April 2025.

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

The US dominates with 68.66% of export value, followed by the UK and Spain, which pay higher unit prices for premium asparagus. Smaller markets like the Netherlands and Belgium represent niche or re-export demand.

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

Price differences stem from product use: the US buys bulk, lower-grade asparagus at $3.53/kg, while the UK and Spain pay $5.64/kg and $4.04/kg respectively for higher-quality fresh asparagus.

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

Exporters should prioritize relationships with high-volume buyers (87.82% of trade) to ensure stable revenue, while diversifying into premium markets like the UK and Spain to mitigate reliance on bulk US demand.

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

US buyers benefit from consistent bulk supply at lower costs, while UK and Spanish buyers access higher-quality asparagus. Smaller buyers face potential vulnerability from trade policy shifts affecting small shipments.

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

Peru exports exclusively fresh or chilled asparagus (HS Code 070920), traded as a bulk commodity for direct consumption or retail, with no value-added processing or grade variations.