More than 65 companies in Peru are dedicated to the export of paprika

Published 2024년 7월 15일

Tridge summary

Peruvian paprika exports have seen a growth of 6% in volume and a significant increase of 33% in value in 2023, due to higher prices and the product's long storage capabilities. However, demand normalization and decreased prices have negatively impacted Peruvian exports, with a 14% reduction in volumes and a 23% decrease in value in the United States in the first half of 2024. Mexico remains the primary destination for Peruvian paprika, followed by the United States and Europe. Despite challenges, a partial price recovery and volume growth are expected for the next semester.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Agraria.pe) The use of paprika has become popular worldwide. Many international cuisines have been able to use this condiment in their preparations. This has generated sustained growth in demand for several years. However, it also attracted new producers in its marketing. In Peru alone there are more than 65 companies dedicated to its export and they reach almost 20 destinations. The favorable Peruvian climate and its presentation that allows long storage and the good distribution of shipments allow this product to have a commercial window that practically covers the entire year. Peruvian paprika production was not as affected as other products by weather phenomena, because the producing regions are not only focused on the northern coast, but also in the center and south of the country. Thanks to this, while other products saw their export volumes reduce, in 2023 paprika achieved a 6% growth in volume, which was amplified in value to +33%, thanks to a higher price. Curiously, the ...
Source: Agraria

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