Peru: High freight prices to the United States will affect dried pepper shipments

Published 2021년 10월 29일

Tridge summary

Peruvian paprika exports experienced a 22% increase between January and August of this year, reaching US $ 70 million 368 thousand, with the US and Mexico being the primary markets. However, concerns have been raised due to high freight prices and delayed shipments, leading to potential mold and loss for entrepreneurs. This situation could potentially slow down or stop exports altogether. The main concerns are the increased costs and the fact that maritime cargo insurance does not cover containers in such situations. The product is mainly produced in Arequipa, Lima, Ica, Áncash, Piura, and La Libertad.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Although Peruvian paprika shipments to the world increased 22% between January and August of this year, the president of the Capsicum Committee of the Association of Exporters (ADEX), Walter Seras, expressed the concern of the actors of this chain due to the high freight prices to the US and delayed shipments, which could cause the dry presentation to drop in the coming weeks. “The transfer of the cargo to that country used to take between 20 and 30 days, now it is up to 70 days, causing the dried paprika to suffer alterations due to condensation. If it is in the dry container for a long time, moisture is generated and later mold ”, he explained. This situation - he continued - would imply a loss for the entrepreneur, since the food can be returned and additional costs are generated because the maritime cargo insurance does not cover the containers in these cases. Along these lines, if the situation continues, exports would slow down or even stop. Figures Paprika shipments abroad ...
Source: AdexPeru

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