Peruvian capsicum exports could grow up to 10% in 2025

In 2024, Peruvian capsicum exports totaled around US$ 249 million (+2% compared to 2023), and although facing challenges, the sector expects to grow up to 10% in 2025 due to its competitive advantages and joint actions. For 2025, Walter Seras, president of the Capsicum Committee of ADEX, explained that producers are adapting to the market situation. Considering that the United States is one of the main export destinations and that economic projections for the North American country are not so favorable. "We are trying to adapt to the market. The trend is upward. In 2025, there was a contraction in the first quarter, but we understand that there will be a recovery: since Mexico has done poorly in agriculture; China is hit, has oversupply, and the climate has not helped either," he said. In response, he believes that prices will stabilize in the next semester: "Production will remain the same, around 40,000 tons per year, and in FOB values, billing will recover. I believe we could ...