A comprehensive review of capsicum volume, value, and consumption in Australia was released. The report found that while there was an almost negligible volume change at -0.1%, the value for capsicum grew with +8.5%. The report found that the average household still purchased capsicum at similar volumes and frequencies compared to previous years, even though the prices increased.
The capsicum prices grew much faster than those of other vegetables. The findings show that in the major supermarkets there was an average price change of 7% for all vegetables, but a price change of 13.2% for capsicum. The price change was mostly a result of an increase in purchases by retained buyers.
Click here to read the full report.