A Hortoinfo analysis of pepper prices with data from Faostat reveals that in 2021 farmers in Morocco charged an average price for their peppers that was 78.57% cheaper than the average price at which that vegetable was paid to Spanish producers.
According to the study, that year, Dutch producers were paid an average of € 1.16/kg for their peppers, Israeli producers were paid €1.14/kg, French producers €1.13/kg, and Spanish producers €1.12/kg.
Hortoinfo concluded that, in one year, Spain reduced the differential with the Netherlands regarding the average price paid to producers for their peppers. As such, the differential went from 16.5% in favor of the Netherlands in 2020 to only 3.57% in 2021.
Morocco and Türkiye are some of Spain's biggest competitors in the export market, and there are big differences between the prices they are paid for their products and the prices paid for the Spanish pepper.
The average price paid to Turkish producers for their peppers stood at € 0.26/kg (-76.78% compared to the average price in Spain) and, with the lowest unit figure, the Moroccans only obtained an average price of € 0.24/kg.
Source: Hortoinfo