Peru exported 37,756 MT of paprika to nearly 20 destinations in 2023

Published Apr 30, 2024

Tridge summary

In 2023, Peru experienced a significant growth in paprika exports, with a 6% increase in volume and a 33% increase in value, amounting to $149 million from 37,756 tons. This growth is attributed to higher crop yields and is not greatly impacted by climate phenomena. The average price per kilogram of Peruvian paprika also increased by 25% due to a shortage of Chinese and European paprika. The United States and Mexico were the primary importers, with Mexico's imports increasing by 8% and 26% respectively. In Spain, there was a 22% reduction in imports, but a 6% price increase. Brazil's imports rose by 53%, but the price dropped by 12%. Overall, the Peruvian paprika industry has experienced steady growth, particularly in the North American market, despite some challenges in other regions.

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

Original content

Paprika has been incorporated into most cuisines in the world, which has allowed the Peruvian spice to reach almost 20 international destinations, with 68 companies dedicated to its export. In 2023, Peru exported 37,756 tons of paprika worth $149 million, which represented a growth of 6% in volume and 33% in value, according to FreshFruit. The commercial window for paprika usually covers the entire year due to presentations that allow for long storage and better shipping planning. Production was able to increase due to the increase in crops and yields per hectare. Which is why this product was not so affected by the climate phenomena of 2023. This growth is not only found on the north coast, but also in the center and south of the country. In addition, the international market has suffered a rise in prices due to a shortage of stocks of Chinese and European origin. Especially in the North American market. This allowed Peruvian paprika to be priced, on average, at $3.95 per ...

Source: AgroPeru