Peru is in the top ten of the global capsicum exporters' ranking

Published 2024년 11월 24일

Tridge summary

Between January and September of 2024, Peru's capsicum exports reached a value of US$ 223 million 697 thousand, marking a slight 1% increase from the previous year. Despite facing challenges such as the use of prohibited pesticides, seed shortages, water contamination, and weather-related issues, the country is aiming to double its current 3% share of the global capsicum market. The United States, Mexico, and Guatemala are key markets for Peru, and the country is also looking to expand into Asia, particularly China. However, the industry also faces challenges such as the need for more exporting companies, better logistics infrastructure, and higher quality production. The majority of Peru's capsicum production is done in Lima, La Libertad, Lambayeque, Arequipa, Tacna, and Pasco, and the country ranked 19th as a global producer in 2023.

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

Original content

Between January and September 2024, capsicum shipments abroad amounted to US$ 223 million 697 thousand, showing an increase of just 1% compared to the same period in 2023. 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 Association of Exporters (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 ...

Source: PQS