Peruvian capsicum exports totaled US$ 184,344,000 between January and August 2024, showing a reduction of -5%

Published Nov 19, 2024

Tridge summary

Between January and August 2024, Peruvian capsicum exports saw a 5% decrease, totaling US$ 184,344,000, with the majority of exports being dried capsicum (57%) and most of them sent to the United States (39%). The decline is attributed to rising prices and the presence of cheaper competitors like China. The Capsicum Committee of the Association of Exporters (ADEX) is planning the I Capsicum Business Meeting in November to address these challenges and explore new opportunities. The event will cover various aspects of the capsicum industry, including its national panorama, cultivation, safety and health, technology and innovation, and trends and markets.

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

Original content

(Agraria.pe) Between January and August 2024, Peruvian capsicum exports reached US$ 184,344,000, registering a drop of -5% compared to the US$ 194 million reported in the same period of the previous year. According to figures from the ADEX Data Trade Commercial Intelligence System, the most exported capsicum presentations in the first eight months of this year were dried capsicum with US$ 105 million (concentrating 57% of the total), followed by canned capsicum (39%), pasta (2%), fresh capsicum (2%) and frozen capsicum (0.01%). As for its destinations, the United States led the ranking with US$ 71,182,000, which despite contracting -15% represented 39% of the total. Mexico followed with US$ 50,585,000 (+2.9%) and Spain US$ 41,638,000 (+17.2%). These three countries accounted for 89% of the total. The top ten was completed by Spain, Puerto Rico, Guatemala, the United Kingdom, France, Germany, Canada and the Netherlands. Regarding supply, paprika was the main product with shipments ...

Source: Agraria