Market research

Capsicum and pimenta fruits market in Peru

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for fresh capsicum and pimenta fruits in Peru expanded from 174 thousand tons in 2018 to 215 thousand tons in 2023, a 23% increase over the period. Domestic production fully supplied the market, as imports were negligible. Peru has maintained a position as a net exporter with comparative advantages, though its global market share remains low. Production saw a notable surge in 2021, reaching 214 thousand tons, which was 21% higher than the previous year.

After a moderate rise in 2019, output dipped slightly in 2020 before jumping sharply in 2021. The market then stabilized around 210 thousand tons in 2022 and grew again to 215 thousand tons in 2023. A significant development was Peru gaining access to export fresh peppers to the United States in 2022, opening new opportunities for growers and potentially boosting future production.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Peru
  1. 5.1.1. Annual dynamics of production in Peru in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Peru in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Peru in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Peru by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Peru in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Peru by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Peru, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Peru by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Peru in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Peru by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Peru in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Peru by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Peru, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Peru by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, K $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production capsicum and pimenta fruits in Peru

In kind, 2017-2020, K t

Globally, Peru ranked as the 22nd largest producer of capsicum and pimenta fruits from 2017 to 2020.

Top producers of capsicum and pimenta fruits, 2017-2020

Source: SHEV.io

World map of production of capsicum and pimenta fruits, 2017-2020

Source: SHEV.io

Peru's production of capsicum and pimenta fruits saw a two-year improvement before declining. In 2020, the country produced 176.2 thousand tons, marking a 3.5% decrease from the previous year. Over the 2017-2020 period, production grew by 14.9%, averaging 4.8% annually. The peak was in 2019 at 182.6 thousand tons, with the largest annual increase of 14.6% occurring in 2018.

Annual dynamics of production in Peru in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	14.6%	3.9%	(3.5%)	4.8%

Source: SHEV.io

In value, 2017-2020, M $ US

In 2020, the value of capsicum and pimenta fruits production in Peru was 332.9 million US dollars, a 5.6% drop from the year before. From 2017 to 2020, production value fell by 10.5%, with a compound annual growth rate of -3.6%. The highest increase was a modest 0.2% in 2019.

Annual dynamics of production in Peru in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(5.3%)	0.2%	(5.6%)	(3.6%)

Source: SHEV.io

Exports capsicum and pimenta fruits from Peru

Exports in kind, t

Export data shows irregular changes, pointing to a volatile market. Import levels varied significantly, with a 3.8-fold difference between the low in 2017 and the high in 2018. In 2020, Peru exported 843 tons of capsicum and pimenta fruits, down 20.1% from the previous year. The peak was in 2018 at 1 534 tons, with the largest decline of 31.2% in 2019 and the biggest increase of 280.8% in 2018.

Annual dynamics of product's exports from Peru in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	280.8%	(31.2%)	(20.1%)	27.9%

Source: SHEV.io

From 2017 to 2020, the United States was the leading export partner for Peru's capsicum and pimenta fruits in volume terms, accounting for 75.8% of total exports, while other markets made up the remainder.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Peru in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The market exhibited volatility during the observed period. Export values fluctuated 3.1 times between the low in 2017 and the high in 2018. In 2020, Peru's exports of capsicum and pimenta fruits were valued at 1 593 thousand US dollars, a 21.8% decrease from 2019. The highest value was recorded in 2018 at 3 073 thousand US dollars, with the largest decline of 33.7% in 2019 and the biggest increase of 214.5% in 2018.

Annual dynamics of product's exports from Peru in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	214.5%	(33.7%)	(21.8%)	17.7%

Source: SHEV.io

Between 2017 and 2020, the United States and Italy together accounted for 86.3% of Peru's total export value for capsicum and pimenta fruits, with other destinations contributing smaller shares.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Peru in value, 2017-2020

Source: SHEV.io