Peru Asparagus HS070920 Export Data 2025 July Overview

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

Peru's Asparagus (HS Code 070920) Export in July 2025 reveals a commodity-grade product, with the U.S. dominating as the primary buyer (63.69% of volume), though at lower unit prices compared to premium EU markets like the UK and Spain. Buyer concentration is high, increasing dependency risk, while European demand shows stability with higher value ratios for quality-focused shipments. This analysis, covering July 2025, is based on verified Customs data from the yTrade database. Exporters should prioritize U.S. volume while leveraging EU premium pricing opportunities.

Peru Asparagus (HS 070920) 2025 July Export Background

What is HS Code 070920?

HS Code 070920 refers to asparagus, fresh or chilled, a high-value agricultural product primarily used in the food industry for retail and culinary applications. Global demand remains stable due to its nutritional benefits and versatility in cuisines. Peru is a key supplier, leveraging its favorable climate and export-oriented agricultural sector to meet international demand.

Current Context and Strategic Position

In 2025, U.S. trade policy shifts, including a 10% baseline tariff on all trading partners [EY Tax News], have impacted Peru's exports, though exemptions for select agricultural products mitigate some effects [SAHM Capital]. Peru's asparagus exports under HS Code 070920 remain strategically significant, accounting for a substantial share of global supply. Monitoring tariff adjustments and sanitary regulations [TTB] is critical for maintaining competitiveness in July 2025 and beyond.

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

Key Observations

Peru Asparagus HS Code 070920 Export 2025 July reached $73.84 million in value and 21.17 million kg in volume, marking a seasonal high and reinforcing its position as a leading global supplier during peak harvest months.

Price and Volume Dynamics

The July surge represents a 6.7% month-on-month value increase from June, alongside a 5.2% rise in volume, reflecting typical peak harvest output for Peruvian asparagus. Year-to-date performance shows strong recovery from Q1 lows, consistent with seasonal production cycles where harvest intensifies mid-year. This pattern underscores predictable supply expansion rather than abrupt market shifts.

External Context and Outlook

U.S. tariff policy changes introduced broader trade uncertainties, but Peru secured exemptions for about 100 food products [Sahm Capital], though asparagus was not specifically named. The suspension of de minimis exemptions [FedEx Peru] effective late August may pressure future shipments, but July’s robust exports demonstrate resilient demand ahead of these adjustments. Market stability will hinge on ongoing tariff exemptions and harvest timing.

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

Product Specialization and Concentration

In July 2025, Peru's asparagus exports under HS Code 070920 are fully concentrated in fresh or chilled asparagus, with all shipments falling under this single category. According to yTrade data, this product accounts for 100% of the export weight and value, with a unit price of 3.49 USD per kilogram. The absence of any sub-code variation indicates a highly specialized export profile for this period.

Value-Chain Structure and Grade Analysis

The export composition is uniform, with no other product forms or grades present beyond fresh asparagus. This homogeneity points to a trade in bulk commodities, where products are fungible and likely tied to market price indices rather than being differentiated by quality or processing stage. The lack of value-add variations suggests that Peru's asparagus exports are primarily raw and unprocessed.

Strategic Implication and Pricing Power

Peru's dominance in fresh asparagus exports under HS Code 070920 for July 2025 could provide leverage in pricing negotiations due to market concentration. The recent US tariff exemption for approximately 100 Peruvian food products, as reported by [Sahm Capital], may reduce trade barriers and enhance competitiveness for US-bound shipments, supporting stable demand and potential price stability.

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

Geographic Concentration and Dominant Role

Peru Asparagus HS Code 070920 Export 2025 July shows the United States as the dominant buyer, taking 63.69% of total weight and 53.75% of total value. The lower value share versus weight share points to a commodity product with a lower average unit price.

Partner Countries Clusters and Underlying Causes

Two clear country groups emerge. The UK and Spain form a mid-tier cluster with higher value ratios (16.63% and 15.80%) than their weight shares, suggesting they pay more per kilogram, likely for premium fresh retail quality. A second cluster of EU countries (Netherlands, Germany, Belgium) shows efficient, high-frequency logistics for regional distribution. A smaller South American cluster (Brazil, Colombia, Argentina) indicates smaller-scale regional trade.

Forward Strategy and Supply Chain Implications

Exporters should prioritize the high-volume US market, ensuring compliance with its import rules [International Trade Administration]. The recent US tariff exemption for about 100 Peruvian food products provides a stable trade environment for this commodity (Source Name). For European markets, the focus should be on maintaining the quality that justifies a higher price point.

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

Strategic Supply Chain Overview

Peru Asparagus Export 2025 July under HS Code 070920 operates as a bulk commodity trade. Price is driven by volume demand from the dominant US market and quality premiums in select EU destinations. The recent US tariff exemption for about 100 Peruvian food products supports price stability for this commodity. Supply chain implications focus on securing high-volume logistics for the US and maintaining fresh quality for European buyers. Peru’s role is as a reliable supplier of raw, unprocessed asparagus.

Action Plan: Data-Driven Steps for Asparagus Market Execution

• Use buyer frequency data to lock in long-term contracts with high-volume US importers. This ensures stable revenue and reduces market volatility risk.
• Track real-time shipment metrics to EU destinations like Spain and the UK. This maintains quality standards that justify higher unit prices.
• Monitor trade policy updates, especially US tariff exemptions, to adjust pricing strategies quickly. This protects profit margins from sudden cost changes.
• Analyze smaller buyer segments for potential growth in South American markets. This diversifies customer base and reduces dependency on single regions.

Take Action Now —— Explore Peru Asparagus Export Data

Frequently Asked Questions

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

The July 2025 surge reflects peak harvest season, with a 6.7% month-on-month value increase and 5.2% volume growth. Stable demand is supported by Peru’s dominance in fresh asparagus exports and potential benefits from recent US tariff exemptions for food products.

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

The US dominates with 63.69% of weight and 53.75% of value, followed by the UK (16.63% value) and Spain (15.80% value). These markets represent the core demand for Peruvian asparagus.

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

Price differences stem from market preferences: the US pays lower unit prices for bulk commodity shipments, while the UK and Spain command premium prices for fresh retail-quality asparagus.

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

Exporters should prioritize high-volume US buyers (89.03% of value) for stable revenue while exploring premium EU markets like the UK and Spain to diversify and capture higher margins.

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 EU buyers access higher-quality asparagus. All markets face minimal supply disruptions due to Peru’s concentrated production.

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

Peru exclusively exports fresh or chilled asparagus (100% of shipments), indicating trade as a raw agricultural commodity for direct retail or wholesale distribution.