Peru Asparagus HS070920 Export Data 2025 Q3 Overview

Peru Asparagus (HS 070920) 2025 Q3 Export: Key Takeaways

Peru's asparagus exports (HS Code 070920) in 2025 Q3 reveal a bulk-driven market, with the U.S. dominating 59.15% of export value, indicating high buyer concentration and reliance on cost-efficient supply. European markets like Spain and the UK show premium potential with higher value-to-weight ratios, while regional neighbors Brazil and Colombia form a smaller cluster. The analysis, based on cleanly processed Customs data from the yTrade database, highlights strategic opportunities in premium segments and the need to secure U.S. market access.

Peru Asparagus (HS 070920) 2025 Q3 Export Background

What is HS Code 070920?

HS Code 070920 refers to fresh or chilled asparagus, a high-value agricultural product primarily used in the food industry for direct consumption or processing. Global demand remains stable due to its nutritional benefits and versatility in culinary applications. Peru is a key exporter, leveraging its favorable climate and production efficiency to meet international market needs.

Current Context and Strategic Position

In 2025, Peru's asparagus exports under HS Code 070920 face evolving trade dynamics, including recent US tariff adjustments impacting agricultural shipments [EY Tax News]. Peru's strategic position as a leading asparagus exporter is reinforced by its ability to supply high-quality produce year-round, but market vigilance is critical amid shifting trade policies. Monitoring Peru Asparagus HS Code 070920 Export 2025 Q3 trends is essential to navigate tariff exemptions and regulatory compliance (TTB, DIGESA).

Peru Asparagus (HS 070920) 2025 Q3 Export: Trend Summary

Key Observations

Peru's asparagus exports under HS Code 070920 in 2025 Q3 reached approximately 225 million USD in value and 60.6 million kg in volume, marking a robust quarter for this key agricultural product.

Price and Volume Dynamics

The Q3 figures show a significant quarter-over-quarter increase from Q2, where value rose from 154 million USD to 225 million USD and volume from 46.6 million kg to 60.6 million kg. This surge aligns with the seasonal harvest cycle for asparagus in Peru, which typically peaks in the latter half of the year due to favorable growing conditions in the Southern Hemisphere, driving higher export availability and shipments.

External Context and Outlook

External factors played a role in shaping trade dynamics; the US imposed a 10% baseline tariff on imports in April 2025 [EY Tax News], potentially dampening demand. However, Peru's efforts to secure exemptions for food products, including asparagus, as noted in reports from Sahm Capital, helped mitigate impacts and support export stability during Q3 (Sahm Capital). Ongoing trade adjustments and seasonal trends suggest continued resilience for Peru Asparagus HS Code 070920 Export 2025 Q3 performance.

Peru Asparagus (HS 070920) 2025 Q3 Export: HS Code Breakdown

Product Specialization and Concentration

According to yTrade data, Peru's asparagus exports under HS Code 070920 in 2025 Q3 are fully specialized in fresh or chilled asparagus, with all trade volume and value concentrated in this single product form. The unit price stands at 3.72 USD per kilogram, reflecting a consistent market focus without significant price variations or sub-code diversification.

Value-Chain Structure and Grade Analysis

The export structure for Peru Asparagus HS Code 070920 Export 2025 Q3 shows no additional sub-codes, indicating that trade is dominated by a single, undifferentiated category of fresh produce. This suggests a bulk commodity market where asparagus is traded as a raw agricultural product, without evidence of value-added processing or grade segmentation, typical for fungible goods tied to seasonal and quality factors.

Strategic Implication and Pricing Power

For Peru Asparagus HS Code 070920 Export 2025 Q3, the concentrated bulk nature may limit pricing power due to commodity competition, but recent US tariff exemptions for Peruvian food products [Sahm Capital] could provide strategic advantages. Exporters should focus on maintaining quality and leveraging trade agreements to enhance market access and stabilize returns.

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Peru Asparagus (HS 070920) 2025 Q3 Export: Market Concentration

Geographic Concentration and Dominant Role

Peru's asparagus exports in 2025 Q3 show strong concentration in the United States, which dominates with 59.15% of export value and 67.30% of weight. The lower value ratio compared to weight ratio indicates a unit price of approximately 3.27 USD per kilogram, typical for bulk commodity trade like Peru Asparagus HS Code 070920 Export. This pattern suggests the US market primarily sources lower-grade or standard asparagus in large volumes.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: the US as the bulk buyer, and European nations like Spain and the UK with higher value ratios relative to weight, pointing to premium market segments. Regional neighbors Brazil and Colombia form a smaller cluster, likely due to logistical ease and trade agreements. The disparity in Europe may stem from demand for fresher or organic varieties, while the US focus is on cost-efficient supply.

Forward Strategy and Supply Chain Implications

Exporters should prioritize maintaining US market access, supported by recent tariff exemptions for food products [Sahm Capital], and explore premium opportunities in Europe. Strengthening cold chain logistics can enhance freshness for higher-value markets, ensuring competitiveness for Peru Asparagus HS Code 070920 Export in 2025 Q3 and beyond.

Table: Peru Asparagus (HS 070920) Top Partner Countries (Source: yTrade)

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Peru Asparagus (HS 070920) 2025 Q3 Export: Action Plan for Asparagus Market Expansion

Strategic Supply Chain Overview

Peru Asparagus Export 2025 Q3 under HS Code 070920 operates as a bulk commodity trade. Price is driven by US bulk demand and quality standards. Supply chain implications include high dependency on US buyers and bulk logistics for fresh produce. Recent US tariff exemptions support market access but highlight reliance on few partners.

Action Plan: Data-Driven Steps for Asparagus Market Execution

• Monitor dominant US buyer purchase cycles using trade data. This prevents overstock and aligns harvest with demand.
• Analyze European unit prices for premium opportunities. Target buyers with higher value ratios to increase returns.
• Diversify buyer base by identifying new importers in trade databases. Reduce dependency on single market clusters.
• Strengthen cold chain logistics using shipment frequency data. Ensure freshness for premium markets and maintain quality.
• Leverage US tariff exemption news in sales negotiations. Secure long-term contracts to stabilize export volumes.

Take Action Now —— Explore Peru Asparagus Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Asparagus Export 2025 Q3?

The surge in Peru's asparagus exports in Q3 2025 is driven by seasonal harvest peaks, with value rising to 225 million USD and volume to 60.6 million kg. US tariff exemptions for food products also helped stabilize trade despite earlier tariff pressures.

Q2. Who are the main partner countries in this Peru Asparagus Export 2025 Q3?

The US dominates with 59.15% of export value, followed by European markets like Spain and the UK, which show higher value-to-weight ratios, indicating premium demand.

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

Price differences stem from market segmentation—the US buys bulk-standard asparagus at 3.27 USD/kg, while Europe pays more for premium-grade or organic varieties.

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

Exporters should prioritize maintaining relationships with dominant US buyers while exploring premium European markets, leveraging tariff exemptions and cold-chain logistics for freshness.

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

US buyers benefit from stable bulk supply at competitive prices, while European buyers access higher-quality asparagus, though with tighter supply conditions.

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

Peru’s asparagus is traded as a raw agricultural commodity, primarily fresh or chilled, without value-added processing, aligning with bulk commodity market dynamics.

Detailed Monthly Report

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