Peruvian paprika exports totaled 29,311 tons for US$ 116 million from January to September 2023

Paprika

Peru

Market & Price Trends

Published Nov 13, 2023

Tridge summary

Peruvian paprika is the most important spice in the country's agricultural exports and ranked 11th in 2022 for most exported agricultural products. Despite being a medium-volume crop, Peruvian paprika has reached 17 countries and been exported by over 78 companies. The exports of Peruvian paprika have seen a good season in 2023, with high international prices and sustained volumes offered, leading to growth in both volume and value. The main importing region for Peruvian paprika is North America, with Mexico and the United States being the primary destinations. Spain has seen a drop in shipments due to the recovery of Russia as a destination, while other Latin American countries like Guatemala and Brazil have experienced positive growth in importing volume. Overall, the future looks promising for Peruvian paprika, with potential for expansion into new markets.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

(Agraria.pe) Currently, paprika is the most important spice in the Peruvian agricultural export basket. Furthermore, in 2022 it ranked 11th among the most exported agricultural products by Peru. Despite this, this product is still considered a crop of medium volume and importance. This year alone, this spice has reached 17 countries and more than 78 companies export it. So far in 2023, Peruvian paprika exports have enjoyed a good season, with quite high international prices and a sustained level of volumes offered, an exceptional case considering the bad moment that the leaders of the Peruvian export basket are going through. Until September 2023, shipments of Peruvian paprika totaled 29,311 tons for US$ 116 million, which meant a growth of +4% in volume and 34% in value. This result was due to the increase in prices obtained by Peruvian exporters, registering an average price of US$ 3.94 per kilogram, 29% higher than that of the previous period. International dynamicsThe main ...

Source: Agraria