Peruvian paprika: In full swing of export success

Market & Price Trends
Published Nov 15, 2023

Tridge summary

Peruvian paprika exports have seen exceptional performance in 2023, with a 4% increase in volume and a notable 34% increase in value. The main importing region for Peruvian paprika is North America, with Mexico leading the imports and the United States also showing significant growth. Spain, the main entry point to Europe, saw a decrease in shipments due to the recovery of Russia as a destination.
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

Currently, paprika is positioned as the most prominent spice in the Peruvian agricultural export basket. So far in 2023, shipments have seen exceptional performance. As of September, Peru has shipped 29,311 tons worth $116 million, reflecting a 4% increase in volume and a notable 34% in value, according to FreshFruit. This excellent result was due to the increase in prices obtained by Peruvian exporters, registering an average price of $3.94 per kilogram, 29% higher than that of the previous period. This year alone, this spice has reached 17 countries and more than 78 companies export it. 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. Paprika is still considered a crop of medium volume and importance. Peruvian paprika is a product that is usually shipped uniformly throughout the year, but its main peaks usually occur both at the beginning ...
Source: AgroPeru
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