Morocco increases its pepper exports to the EU by 48%

Published 2024년 6월 3일

Tridge summary

In the first quarter of 2024, Spain remained the leading supplier of peppers to the EU, accounting for 47.6% of the market with 158.42 million kilos sold, despite a significant drop from 295.2 million kilos in 2019. Morocco and Turkey have increased their market shares, exporting 63.99 million kilos and 38.04 million kilos respectively. Germany and the Netherlands experienced declines in their pepper sales. Spain's export value remained high due to increased prices, and Morocco, Germany, and the Netherlands also saw significant revenues. The EU pepper market is undergoing a shift with growing competition from Morocco and Turkey.

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

Original content

Nearly half of the peppers sold in the European Union (EU) in the first three months of 2024 came from Spain. This information is taken from a Hortoinfo report based on data from the Euroestacom statistical service (ICEX-Eurostat). Although Spain remains the largest supplier of peppers to EU markets, its sales have declined significantly. In fact, since 2019, Spanish sales of peppers in the EU have fallen by 46.33%. Despite this decline, Spain sold 158.42 million kilos in the first quarter of 2024, representing 47.6% of the total peppers sold in the EU. However, this volume is down significantly compared to 2019, when sales reached 295.2 million kilos. While Spain is reducing its volumes, Morocco and Turkey are seeing their market shares increase. Morocco exported 63.99 million kilos of peppers to the EU in the first quarter of 2024, an increase of 48.47% compared to 2019. This performance places Morocco in second position with 19.23% of the market. Turkey, meanwhile, recorded ...

Source: Agrimaroc