Coffee production in Peru is expected to increase; EU regulation concerns farmers
Raw Common Coffee Bean
Peru
Published May 31, 2023
Tridge summary
Coffee production in Peru is expected to increase by approximately 16 percent in the 2023/24 crop year due to higher international green coffee prices, although production remains hampered by numerous barriers to farmer profitability.
Original content
These are two of the major takeaways from the recent USDA Foreign Agriculture Service (FAS) annual market report on the Peruvian coffee sector. [Note: This is the first in a series of DCN stories exploring the FAS coffee annual reports. The U.S. information agency is currently scheduled to deliver 16 annual country-level reports on the coffee sector. Each of those reports come from different authors and field offices.] The 2023/24 Peru report notes that the years leading up to this market year have not been particularly fruitful for the nation’s coffee sector. “[Market year] 2022/2023 was particularly difficult for Peru’s coffee producers,” the report states. “Lower prices in the previous harvesting season coupled with much higher input prices, particularly fertilizers, resulted in lower yields. Additionally, logistics constraints because of social and political unrest resulted in a lower harvest and less product making it to markets. These factors caused coffee production to fall ...
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