Tridge summary
In the first eight months of 2020, Peru's capsicum exports experienced a 12% increase in volume and a 13% increase in value, totaling 62,270 tons worth US $ 171 million. Despite an increase in supply, prices remained steady at around US $ 1.79 per kilogram, similar to 2019. The United States was the primary market, receiving 41% of the exports, followed by Spain with 29%. However, countries like Mexico, the Netherlands, the United Kingdom, and Chile have emerged as promising markets, offering higher prices per kilogram. Mexico stood out with orders that increased 15 times and a price of US $ 2.15 per kilogram, the highest among these alternative markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Despite the uncertainty generated by COVID-19, Peruvian capsicum products have been well received in the international market. Until August 2020, capsicum exports totaled 62,270 tons for US $ 171 million, 12% more in volume and 13% more in value. Despite the increase in supply, prices similar to those of 2019 were observed, which were around US $ 1.79 per kilogram. The main destination for capsicum shipments was the United States, which accounted for 41% of the market, followed by Spain, with 29%. These two countries have a high market concentration and pay low prices, which are between US $ 1.7 and US $ 1.9 per kilogram. Faced with these destinations, alternatives such as Mexico have emerged, which ranked third in the ranking by concentrating 5%. This was the market that stood out ...
Source: Freshfruit.pe
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.