In November 2024, Peru's paprika exports saw a profit despite a 16% drop in prices, thanks to a 35% increase in volume to 2,975 tons valued at US$ 10.3 million. Mexico continued to be the primary market, accounting for 45% of exports, though the average price fell by 23% to US$ 3.32 per kilogram. The United States emerged as the second-largest market, with a 41% share, marking its rise from previous positions like Spain and Panama, and saw a 76% increase in volume and 58% increase in value. Guatemala rounded out the top three markets. DP World was the dominant terminal, and S&M Foods S.A.C., ADB International S.A.C., and Alimentos Procesados Agrícolas S.A.C. were the leading exporting companies.