Peru: Exports of organic cocoa and its derivatives fall by -16 percent in 2022

Published 2023년 3월 5일

Tridge summary

Organic cocoa shipments saw a decrease of 16% in 2022, primarily due to a drop in shipments to the USA and EU. The decline was observed across all products, except chocolates which saw a 47% growth. The US was the leading market, followed by the Netherlands. Concerns have been raised about the use of pesticides like chlorpyrifos and glyphosate in Peru, a major organic cocoa producer, which could lead to rejection of exports. Some companies have ceased organic farming due to the high costs of maintaining quality and analyzing batches. A fall in European imports, which offer the best prices, has also impacted the market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Shipments of organic cocoa to the world totaled US$65,504,000 in 2022, which represented a decrease of -16% compared to the same period in 2021 (US$72,628,000), mainly due to lower shipments to USA and the European Union (EU), reported the Agro-export Management of the Association of Exporters (ADEX). With the exception of chocolates, which grew 47%, all other items experienced falls in the analyzed period: beans (-15%), nibs (-37%), cocoa butter (-54%), cocoa powder (- 26%), cocoa mass (-31%) and cocoa residues (-26%). Although it registered a contraction of -7%, the US (US$ 23 million 152 thousand) was the leading market for organic cocoa and its derivatives (it concentrated 35% of shipments). It was followed by the Netherlands with US$ 12 million 197 thousand and a drop of -39%. Italy (-12%), Belgium (-36%), Australia (-15%) and the United Kingdom (-57%) also closed in red. on red alert According to the president of the Coffee and Cocoa Committee of the business union, José ...

Source: AdexPeru