The economic slowdown in the US is set to crimp Peruvian fresh produce exports to the North American market, according to Peru’s Agriculture Minister Ismael Benavides, due to declining demand brought on by reduced consumer spending.
In a press conference held last week, Minister Benavides expressed his concern for the impact the recession in the US will have on demand for Peruvian fruits and vegetables and urged industries to seek alternative markets.
Minister Benavides pointed out that asparagus, citrus, table grapes and strawberries are among the most sensitive items likely to feel the full force of the impact, but added that all Peruvian agricultural export industries in general will come under pressure.
The announcement was made during the launch of the Ministry’s new rural agriculture irrigation scheme, which is set to help 250,000 highland producers cope with climate change.
The initiative will roll-out in 10 Peruvian regions, including Piura, Cajamarca, Ancash, Junín, Huancavelica, Ayacucho, Arequipa, Apurímac, Cusco y Puno, and aims to improve the efficiency of water usage as well as boost growers’ access to water reserves.
