Peru is in the top ten of the world ranking of capsicum exporters

Published 2024년 11월 25일

Tridge summary

In 2023, Peru ranked tenth as a global exporter of capsicum, with potential to grow and improve its market participation, particularly in quality. The country exports capsicum in various forms to the United States, Mexico, and other countries. However, the sector faces challenges such as prohibited pesticides, seed shortage, water contamination, weather phenomena, and price speculation, which have reduced production by 35% in key areas. To improve its global position, Peru needs to address these challenges through public-private collaboration, innovation, sustainability, and market diversification. The country also needs to improve logistics infrastructure and qualify more exporting companies and labor to utilize the benefits of the Chancay megaport.

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Original content

Although it is in an expectant position, it barely represents 3% of the world market, so there is still potential to explore. In 2023, Peru ranked tenth as a global exporter of capsicum; however, thanks to its quality, it has enormous potential to continue growing and improve its participation, said the president of the Capsicum Committee of the Exporters Association (ADEX), Walter Seras Pacheco. At the 1st Capsicum Business Meeting, organized by the business association, he explained that the country ships these products in canned, dried, paste, fresh and frozen form. “We are in tenth place, although we barely represent 3% of global shipments. The challenge is to take advantage of our potential and double this percentage in the coming years,” he said. In this regard, he recommended putting emphasis on some destinations already won, such as the United States – the most important one –, Mexico – the main market for dry products – and other emerging ones such as Guatemala, whose ...

Source: Revistaeconomia