Peruvian paprika exports reached 37,756 tons worth US$ 149 million in 2023

Published 2024년 4월 30일

Tridge summary

Peruvian paprika exports have experienced a significant growth, with the volume increasing by 6% and the value soaring by 33% in 2023, generating US$149 million from 37,756 tons. This growth is attributed to higher crop yields and the product's ability to withstand climatic conditions, allowing for year-round shipments. The average price per kilogram was US$3.95, a 25% increase from the previous year, due to a shortage of Chinese and European paprika. Mexico and the United States were the primary markets, with Mexico's imports increasing by 8% and the United States' by 10%. In Europe, Spain was the main importer, but the price increase was less compared to North America. Russia also increased its imports by 38%, and there was a notable growth in shipments to Guatemala and Brazil, despite a price drop in Brazil.

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

Original content

(Agraria.pe) The weight of paprika in the Peruvian agricultural export basket has been growing. Currently, Peruvian paprika reaches almost 20 destinations, with 68 companies dedicated to its export. The commercial window for paprika usually covers the entire year due to presentations that allow for long storage and better shipping planning. Thanks to this, in 2023 remittances totaled 37,756 tons worth US$149 million. This meant a growth of +6% volume and +33% in value. This year's production was able to increase due to the increase in crops and yields per hectare. The reason why this product was not so affected by the climatic phenomena of 2023 is because its growth is not only on the north coast, but also in the center and south of the country. In addition, the international market has suffered a rise in prices due to a shortage of stocks of Chinese and European origin. Especially in the North American market. This allowed Peruvian paprika to be priced, on average, at US$3.95 per ...

Source: Agraria