Peru Asparagus HS070920 Export Data 2025 March Overview

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

Peru's asparagus exports (HS Code 070920) in March 2025 reveal a dual-track market, with the Netherlands and U.S. dominating nearly 70% of export value—Netherlands paying premium prices ($5.02/kg) for high-grade product, while the U.S. secured bulk volumes at lower rates ($2.98/kg). Buyer concentration is high, with Dutch importers driving value growth and American buyers anchoring volume stability. The market shows clear geographic clusters: premium EU, bulk North America, and niche Latin American demand. This analysis covers March 2025 and is based on cleanly processed Customs data from the yTrade database.

Peru Asparagus (HS 070920) 2025 March Export Background

What is HS Code 070920?

HS Code 070920 covers asparagus, fresh or chilled, a high-value agricultural product primarily used in the food industry for its nutritional and culinary appeal. Global demand remains stable due to its popularity in health-conscious diets and gourmet cuisine. Peru is a leading exporter, leveraging its favorable climate and year-round production capabilities to supply key markets, including the U.S. and Europe.

Current Context and Strategic Position

In November 2025, Peru secured a U.S. tariff exemption for approximately 100 agricultural products, though asparagus (HS 070920) was not explicitly mentioned [Sahm Capital]. This follows broader U.S. trade policy shifts, including a 10% baseline tariff imposed in April 2025 [EY Tax News] and the suspension of the de minimis exemption for all imports [FedEx Peru]. Peru’s asparagus exports face heightened scrutiny under these changes, despite the country’s competitive advantage in production and logistics. Market participants must monitor U.S. customs and Peruvian sanitary regulations [TTB] to navigate Peru Asparagus HS Code 070920 Export 2025 March dynamics effectively.

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

Key Observations

Peru's asparagus exports under HS Code 070920 for March 2025 reached 9.97 million USD in value and 2.63 million kilograms in volume, marking a continued decline from earlier in the year.

Price and Volume Dynamics

The sequential drop from January's peak of 72.86 million USD aligns with typical seasonal patterns for asparagus, where exports often surge in early months due to harvest cycles and then taper off by March as production winds down. This natural decline was likely intensified by reduced buyer activity ahead of the main season's end.

External Context and Outlook

New U.S. trade policies, including a 10% baseline tariff imposed in April 2025 [EY Tax News] and the suspension of de minimis exemptions (FedEx Peru), have increased export costs and uncertainty. These factors may continue to pressure Peru Asparagus HS Code 070920 Export 2025 March performance, though potential exemptions for agricultural products could offer some relief if expanded.

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

Product Specialization and Concentration

The export market for Peru Asparagus under HS Code 070920 in March 2025 is entirely dominated by a single product: fresh or chilled asparagus, with no other sub-codes present. According to yTrade data, this sub-code accounts for 100% of the export value at $9.97 million and weight at 2.63 million kilograms, with a unit price of $3.79 per kilogram, indicating a highly specialized and concentrated trade flow for this period.

Value-Chain Structure and Grade Analysis

With only one product form exported, the structure is monolithic, focusing solely on fresh or chilled asparagus. This suggests a trade in perishable, high-value agricultural commodities rather than processed or differentiated goods, potentially tied to quality grades or seasonal freshness, but without variant sub-codes, it operates as a unified bulk commodity segment.

Strategic Implication and Pricing Power

Peru's export strategy for asparagus under HS Code 070920 in March 2025 likely hinges on maintaining quality and leveraging market access, such as the recent US tariff exemption for about 100 Peruvian food products, which could support competitive pricing and demand [Sahm Capital]. This concentration may allow Peru to exercise pricing power based on supply consistency and premium positioning in international markets.

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

Geographic Concentration and Dominant Role

Peru's asparagus exports in March 2025 were heavily concentrated, with the Netherlands and United States together accounting for nearly 70% of the total export value. The Netherlands was the clear value leader, generating 40.18% of the total value from just 30.31% of the weight, indicating it paid a significant premium of approximately $5.02/kg for higher-grade asparagus. In contrast, the United States accounted for 29.12% of the value from 36.96% of the weight, resulting in a lower average unit price of about $2.98/kg, which is consistent with bulk commodity purchasing.

Partner Countries Clusters and Underlying Causes

The export pattern reveals three distinct clusters. The first is a premium EU cluster (Netherlands, Spain, Switzerland), where higher value-to-weight ratios suggest a focus on quality and fresh market distribution. The second is a large-volume North American cluster (United States), where the lower unit price aligns with high-volume retail and food service demand. The third is a regional Latin American cluster (Brazil, Colombia, Costa Rica), characterized by smaller, more frequent shipments that likely serve niche or proximal markets with lower transportation costs for fresh produce.

Forward Strategy and Supply Chain Implications

For Peru Asparagus HS Code 070920 Export 2025 March, the dual-track market requires maintaining premium supply chains for EU partners while optimizing cost-efficient bulk logistics for the US market, which is particularly crucial as new US tariff policies have suspended the de minimis exemption, meaning all commercial shipments now face duties [FedEx Peru]. Exporters should prioritize relationships with Dutch buyers for value growth but also secure the US volume channel, ensuring all shipments meet the latest US import registration requirements for food products managed by DIGESA in Peru [TTB].

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

Strategic Supply Chain Overview

The Peru Asparagus Export 2025 March under HS Code 070920 operates as a concentrated, high-value perishable commodity trade. Price is driven by quality grade differentiation and geopolitical access, notably the recent US tariff exemption for food products. The Netherlands pays a premium for superior quality, while the US anchors volume demand. This creates a dual-track supply chain: one optimized for speed and quality to the EU, and another for cost-efficient bulk logistics to North America. Heavy reliance on a few high-frequency buyers increases vulnerability to demand shifts or policy changes, such as new US import registration rules.

Action Plan: Data-Driven Steps for Asparagus Market Execution

• Segment buyers by purchase frequency and value using trade data. Prioritize high-value, high-frequency clients like AGRO EXPORTACIONES PERU FOODS SAC for relationship management to secure stable revenue and reduce order volatility risk.
• Monitor real-time shipping and tariff data for the US and EU markets. Adjust logistics routes immediately if policy changes occur, such as the suspension of de minimis exemptions, to avoid unexpected duties and maintain cost competitiveness.
• Analyze destination-specific price premiums (e.g., Netherlands vs. US). Allocate higher-grade asparagus to markets paying more per kilogram to maximize returns and justify investment in quality control processes.
• Diversify buyer engagement with occasional bulk purchasers like GRUPO AGRIFER E.I.R.L. Use historical order data to predict their seasonal patterns and proactively offer volume deals, reducing over-reliance on top buyers and capturing incremental demand.

Take Action Now —— Explore Peru Asparagus Export Data

Frequently Asked Questions

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

Peru's asparagus exports in March 2025 declined seasonally from earlier peaks, with a total value of $9.97 million. This drop aligns with typical harvest cycles, compounded by new U.S. tariffs and policy uncertainties affecting costs.

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

The Netherlands (40.18% of value) and the United States (29.12% of value) dominate, together accounting for nearly 70% of Peru’s asparagus exports. Spain and Switzerland also feature as premium EU buyers.

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

The Netherlands pays a premium ($5.02/kg) for higher-grade fresh asparagus, while the U.S. trades at a lower bulk price ($2.98/kg). The monolithic product structure (100% fresh/chilled) means pricing reflects destination-specific demand and quality preferences.

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

Exporters should prioritize high-value, high-frequency buyers like AGRO EXPORTACIONES PERU FOODS SAC while diversifying to mitigate reliance on dominant markets. Premium EU channels (Netherlands) and cost-efficient U.S. bulk logistics need parallel optimization.

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

Dutch buyers secure premium-quality asparagus at higher prices, while U.S. buyers benefit from stable bulk supply. Smaller EU and Latin American buyers access niche volumes, but all must adapt to new U.S. tariff policies.

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

The trade exclusively involves fresh or chilled asparagus, targeting perishable high-value markets like retail and food service, with no processed or variant forms exported.