Export Frontiers: Trends in Textiles, Rice, and Dairy
Leading Suppliers of Rayon Fibers to Peru
KUBE EXIM dominates as the top supplier of rayon fibers (HS5503) to Peru with $1.45M in exports, followed closely by Unisky at $1.29M.
Other key suppliers include Bang Bang Textile and NingBo DaFa Chemical Fiber Co Ltd, with exports ranging from $734K to $963K.
The Rise of Rice: Peru’s Record-Breaking Exports in 2024
Top Exporting Companies for Rice in Peru (Jan-Jul 2024):
1. Misti Export S.A.C.: $2.08M (new in 2024)
2. Agroexport De La Selva E.I.R.L.: $1.99M
3. Dixtrading Peru S.R.L.: $1.64M
4. Negociaciones Diego & Lizet EIRL: $682.10K
5. Negocios Marber S.R.L.: $595.70K (new in 2024)
6. Negocios Valle Del Norte San Isidro: $426.00K (new in 2024)
7. Importadora y Exportadora World Commerce SAC: $347.49K
8. Corporacion Geronimo S.A.C.: $189.10K
9. Grains & Fruits E.I.R.L.: $130.00K
10. Agro Mi Perú Foods S.A.C.: $89.89K
From January to July 2024, Peru witnessed a remarkable 368% increase in rice exports, soaring from $2.10M in 2023 to $9.84M. This surge underscores Peru's rising influence in the global rice market. Dixtrading Peru S.R.L. exhibited an extraordinary growth of 3421%, indicating significant strategic expansion or breakthroughs in the market.
While Agroexport De La Selva E.I.R.L. saw its export figures more than triple, showcasing robust growth, Negociaciones Diego & Lizet experienced a downturn with an 18% decline, highlighting the fluctuating nature of commodity markets.
This impressive growth from January to July reveals a strong global demand for Peruvian rice and the effective adaptation of local exporters to the dynamics of the market. Companies focusing on innovation and quality are well-positioned to sustain and enhance their market share.
Mexico’s Milk Imports Take a Hit. Opportunities for Resilient Exporters
Mexico’s milk imports have seen a significant downturn from January 2023 to August 2024, presenting both a challenge and an opportunity for exporters.
Import value dropped by 24%, from $874M in 2023 to $665M in 2024. This decline wasn’t limited to value alone; volume fell by 8%, from 279 million kg in 2023 to 257 million kg in 2024.
The average price per kilogram also declined, from $3.13 to $2.58—a 17% decrease that indicates a shift in market dynamics, potentially due to local competition or shifting consumer preferences.
For exporters, these numbers highlight the need for strategic positioning. Mexico’s market may be tightening, but the demand is still substantial at over a quarter billion kilograms.
Exporters who can offer competitive pricing or differentiated products, such as organic or specialty milks, may find new opportunities to capture market share in this evolving landscape.
The decrease in price and volume suggests that buyers are looking for cost-effective solutions, making this an opportune time to explore pricing strategies or partnerships with local distributors.
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Martin Garay
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