Peru exported 102,169 tons of cocoa and derivatives for US$ 745 million between January and August

(Agraria.pe) The world cocoa market has suffered great fluctuations due to various reasons. Since the first half of the year, the main suppliers of the world located in West Africa faced a significant production drop that left the main demanders of the world without supplies. This generated fluctuations in the price of cocoa and in the production of the main cocoa derivatives. In the Peruvian case, cocoa beans are usually exported (71% share) and this was greatly favored in price due to the great demand that was had around the world for this presentation. This coincided with a strong recovery and growth of cocoa production throughout the Peruvian territory. The main demanders are usually the cocoa processors, which can have very active competition given the complexity in obtaining high quality products derived from cocoa. Currently, the main clients of Peruvian exporters are in Southeast Asia due to the drop in production in countries that used to serve them, such as the Ivory ...