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Peru: Paprika exports totaled 35,593 tons for US$112 million in 2022, showing a 6% drop in volume, but a 2% growth in value

Paprika
Peru
Published Mar 6, 2023

Tridge summary

Paprika is still a medium-sized crop in Peru. In 2022, it was ranked 11th with the largest shipments in the agro-export basket. It currently reaches more than 20 countries and has more than 60 companies that export it. In 2022, remittances slowed down due to various external and internal factors. The strong competition from Chinese paprika was accompanied by the drop in domestic production in the last quarter of the year.

Original content

(Agraria.pe) Peruvian paprika is a product that is usually shipped evenly throughout the year. However, its main peaks occur at the beginning and end of each year. In 2022, paprika exports totaled 35,593 tons for US$112 million, representing a 6% drop in volume, but with a 2% growth in the value of shipments. This result comes after a significant increase in the average price of the product, since the Peruvian paprika exporter received an average of US$3.16 per kilogram (8% higher than in 2021). Commercial dynamics in 2022The first quarter of 2022 was positive for Peruvian paprika. The international logistics crisis slowed shipments from China to the main markets such as North America and Europe, due to the excessive costs of shipments from this country. In this period, shipments totaled about 10,052 tons for a value of US$ 31 million, which meant an approximate increase of 17% in volume and 19% in value compared to the same period in 2021. Regarding the price, on average paprika ...
Source: Agraria
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