Peru: Annatto exports totaled more than US$ 14 million between January and September of this year

Published Dec 2, 2023

Tridge summary

Peruvian achiote exports of annatto and its derivatives have increased by 19% compared to last year, totaling over US$ 14.6 million between January and September. The US is the leading market for Peruvian achiote exports, followed by China, Japan, Egypt, Germany, and Mexico. The Association of Exporters (ADEX) and the National Institute of Agrarian Innovation (INIA) are working together to improve the quality and productivity of Peruvian achiote by developing commercial seeds with higher bixin content.

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Original content

This was reported by ADEX. The leading market for the export of achiote was the US. They seek to improve the quality and productivity of Peruvian achiote. Between January and September of this year, the export of annatto and its derivatives (bixin and norbixin) totaled US$ 14 million 621 thousand, an increase of 19% compared to the same period in 2022 when the amount amounted to US$ 12 million 316 thousand. as reported by the ADEX Agro-Export Management. The leading market was the US (US$ 4 million 980 thousand), followed by China (US$ 1 million 171 thousand), Japan (US$ 1 million 046 thousand), Egypt (US$ 1 million 005 thousand), Germany (US$ 588 thousand 049) and Mexico (US$ 544 thousand 450). Improving quality and productivity It is worth mentioning that the Association of Exporters (ADEX) and the National Institute of Agrarian Innovation (INIA), an entity attached to the Ministry of Agrarian Development and Irrigation (Midagri), will carry out the second phase of the project ...

Source: PQS