Peruvian export of annatto and derivatives to the US grows 154%

Published 2023년 7월 2일

Tridge summary

The United States ranks first as an export market for Peruvian annatto and its derivatives, representing 34% of the total exported. Other major destinations for Peruvian annatto are Colombia, Argentina, and Panama. However, overall exports of Peruvian annatto have decreased by 30% compared to the same period last year. Adex, the Agricultural Exports Management, has requested the National Institute for Agrarian Research (INIA) to invest in research to improve the quality and competitiveness of Peruvian annatto, which is highly demanded by the food industry due to its exceptional red color.

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

Original content

16:56 | Lima, Jul. 2. He also highlighted that the United States ranked first in the ranking of export markets for Peruvian annatto and its derivatives, and represented 34% of the total of this product exported in that period. Other main destinations for Peruvian annatto and its derivatives were Colombia (57,590 dollars), then Argentina (44,888 dollars) and Panama. Of this group, all closed in blue. The achiote seed contains bixin and provides an exceptional red color and is demanded by the food industry. In general, exports of Peruvian achiote and its derivatives totaled 205,541 dollars in the first four months of this year, a 30% lower amount compared to the similar period of 2022. The main production areas of the Peruvian achiote are in Cusco, Pasco, Junín and Ayacucho. Annatto is also known as urucun, onoto and annatto and has been cultivated in Peru, Guatemala, Mexico, Colombia, Ecuador and Venezuela since pre-Columbian times. You can also read: Agro-exports totaled US$ 2,345 ...

Source: Andina