Spain and the Netherlands are losing pepper market share to Morocco and Turkey in the EU

Published 2023년 12월 21일

Tridge summary

Spain and the Netherlands lost market share in the European pepper sector to Morocco and Turkey in the first nine months of 2023. Spain sold 357.46 million kilos of peppers to the EU, a decrease of 18.73% compared to 2019, but the value of sales increased by 28.91% to 891.46 million euros. Overall, EU member states purchased 860.46 million kilos of peppers, a 6.77% decrease from the same period in 2019, with a total value of 1.913 billion euros.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

During the first nine months of this year, Spain and the Netherlands lost market share in the European pepper sector to Morocco and Turkey. Between January and September 2023, Spain sold 357.46 million kilos of peppers to the EU, which is 82.39 million kilos or 18.73% less than in the same period in 2019. However, the value of Spanish sales increased by 199.95 million euros (+28.91%), reaching 891.46 million euros, with the average price increasing from 1.57 euros per kilo in 2019 to 2.49 euros per kilo in 2023. Spain was followed by the Netherlands, which sold 192.54 million kilos of peppers in the EU (-10.01%), worth 461.66 million euros, and at an average price of 2.40 euros per kilo. Morocco ranked third as a supplier with 93.44 million kilos (+32.51%). The value of Moroccan pepper exports to the EU amounted to 128.09 million euros and the average price was 1.37 euros per kilo. Turkey ranked fourth with 41.57 million kilos (+68.17%). The value of its sales ...
Source: Agrimaroc

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