Peru exported 20,650 tons of paprika in the first half of 2024

Published 2024년 7월 19일

Tridge summary

Peru's paprika exports have seen a 9% increase in volume but a 3% decrease in value in the first half of 2024, with a total of 20,650 tons exported worth $77 million. Despite a global drop in prices due to demand normalization, it is anticipated that prices will partially recover in the next half of the year. The United States has seen a significant drop in imports, while Mexico remains the primary destination. Europe, with Spain and Russia as the main importers, has shown a 100% increase in volume and 82% increase in value of Peruvian paprika imports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The global use of paprika has become considerably popular, generating sustained growth in demand for several years. However, this growth has also attracted new producers to the market. What is the current situation in Peru? During the first half of 2024, our country exported 20,650 tons of paprika worth $77 million, representing a 9% increase in volume, but a 3% drop in value, according to FreshFruit. In Peru alone there are more than 65 companies dedicated to the export of paprika, covering almost 20 different international destinations. The favorable climate of Peru, the long-term storage capacity and the efficient distribution of shipments allow this product to have a commercial window practically all year round. Peruvian paprika production has been less affected by climatic phenomena compared to other products, because the producing regions extend not only along the northern coast, but also through the center and south of the country. While other products experienced ...
Source: AgroPeru

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