Peru: Paprika exports totaled 35,593 tons for US$112 million in 2022, showing a 6% drop in volume, but a 2% growth in value

Published 2023년 3월 6일

Tridge summary

In 2022, Peruvian paprika exports saw a decline in volume but an increase in value, totaling 35,593 tons and US$112 million, despite facing competition from Chinese paprika and a drop in domestic production. The United States, Mexico, and Spain were the main destinations. The first and last quarters of the year saw positive growth, but the war in Russia and a logistics crisis led to a decrease in shipments to these countries. The average price of Peruvian paprika increased by 8% compared to 2021, reaching US$3.16 per kilogram.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Agraria.pe) Paprika is still a medium-sized crop in Peru. In 2022, it was ranked 11th with the largest shipments in the agro-export basket. It currently reaches more than 20 countries and has more than 60 companies that export it. In 2022, remittances slowed down due to various external and internal factors. The strong competition from Chinese paprika was accompanied by the drop in domestic production in the last quarter of the year. Peruvian paprika is a product that is usually shipped evenly throughout the year. However, its main peaks occur at the beginning and end of each year. In 2022, paprika exports totaled 35,593 tons for US$112 million, representing a 6% drop in volume, but with a 2% growth in the value of shipments. This result comes after a significant increase in the average price of the product, since the Peruvian paprika exporter received an average of US$3.16 per kilogram (8% higher than in 2021). Commercial dynamics in 2022The first quarter of 2022 was positive ...

Source: Agraria