Diversification of Fresh Asparagus Exports from Perú

Marco Agustín  Arbulú Ballesteros; Jose Carlos  Montes Ninaquispe; Diego Alejandro  Ludeña Jugo; Julie Catherine  Arbulú Castillo; Milagros Lamadrid  Aldana; Alberto Luis Pantaleón  Santa María; Karol Melissa  Arbaiza Godos; Stephanie Virginia  Ruiz Chacon

doi:10.36941/jesr-2024-0041

Authors

Marco Agustín Arbulú Ballesteros Universidad Tecnológica del Perú, Chiclayo, Perú
Jose Carlos Montes Ninaquispe Universidad Tecnológica del Perú, Chiclayo, Perú
Diego Alejandro Ludeña Jugo Universidad de San Martín de Porres, Pimentel, Perú
Julie Catherine Arbulú Castillo Universidad César Vallejo, Chiclayo, Perú
Milagros Lamadrid Aldana Universidad César Vallejo, Chiclayo, Perú
Alberto Luis Pantaleón Santa María Universidad de San Martín de Porres, Pimentel, Perú
Karol Melissa Arbaiza Godos Universidad César Vallejo, Chiclayo, Perú
Stephanie Virginia Ruiz Chacon Universidad Continental, Lima, Perú

DOI:

https://doi.org/10.36941/jesr-2024-0041

Keywords:

International Trade, Exports, HHI, Peru Exports, Asparagus

Abstract

This quantitative descriptive study examined the diversification of asparagus exports in Peru using the Herfindahl-Hirschman Index (HHI). The results show a clear dominance of the United States as the main export destination, although there was an annual decrease of 6.7% in 2022. The HHI revealed a growing trend towards greater market concentration in Peruvian asparagus exports. At the company level, despite a general decrease in the number of exporting companies, significant growth was observed in some of them, such as Agrícola Cerro Prieto and Agrovision. Based on these results, it is recommended that Peruvian companies seek further diversification of their export markets to minimize dependence on a single market and develop adaptable and resilient business strategies to cope with a constantly evolving market.

Received: 17 December 2023 / Accepted: 27 February 2024 / Published: 5 March 2024