Peru: Exports of chili peppers and capsicum exceeded US$ 162 million between January and July

Published 2024년 9월 17일

Tridge summary

Peruvian chili peppers and capsicum exports, including paprika, saw a decrease of -4% in the first seven months of 2024, generating a total of US$ 162 million 383 thousand. The United States, Mexico, and Spain were the leading destinations, accounting for 89% of the exports. To boost the sector's growth and competitiveness, the Association of Exporters (ADEX) is organizing the 1st Capsicum Business Meeting in November. The mastermind behind this initiative is Walter Seras Pacheco, the president of the Capsicum Committee at ADEX, who emphasizes the importance of product diversification and self-regulation of prices to maintain market share amidst competition from countries like China. The article also highlights the leading exporting companies and the main products within the sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Peruvian chili peppers and capsicum exports reached 43 destinations between January and July. Paprika was the leading product, accumulating 51% of the total. Between January and July of this year, Peruvian chili peppers and capsicum exports totaled US$ 162 million 383 thousand, reaching a total of 43 destinations, whose ranking was led by the United States, Mexico and Spain, which accounted for 89% of the total, reported the Agro-Exports Management of the Association of Exporters (ADEX). The president of the Capsicum Committee of the association, Walter Seras Pacheco, indicated that the performance of this activity showed a decrease of -4% compared to the US$ 169 million 791 thousand reached in the same period of 2023, which is why it is important not only to diversify destinations, but also to recover the competitiveness of the sector. “The pandemic caused our prices to rise, which benefited the exporter and the farmer because demand remained high; however, competing countries ...
Source: PQS

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