A study by Adex Data Trade shows that the Peruvian export of capsicum dropped by 19% (31,707,425 kilos) in the first five months of 2013, compared to the same period in 2012. The price also dropped, with 22%. From January to May 2013 the revenue was 47,611,455.98 Euro. In the same period of 2012 this was 61,159,493.23 Euro.
There was a 46% drop in the export of whole peppers, with revenues of Euro 12,398,860.81 Euro against 23,066,945.45 in 2012. Export of cut pepper decreased by 57%.
Jorge Chepote, specialist in capsicum, blames the decrease on the arrival of China on the market. China started in late December 2012 with a pepper of good quality and lower price. Since the arrival of China's export price 1.5525 Euro / kg while 1.75 Euro / kg was paid in 2012. The producer is currently 1.22 Euro / kg. "Capsicum growers can’t compete with this and stop cultivation,” says Chepote. "With less supply the price goes up again.”
Source: Agraria.pe