Peruvian coffee breaks record in July 2024 by doubling its exports

Published 2024년 8월 27일

Tridge summary

In July 2024, Peru saw a significant increase in coffee exports, with a total of 32,308 tons earning $144.2 million, marking an 110% increase in volume and 122% increase in value compared to the previous year. These exports reached over 35 countries, with the United States being the primary market. Other countries like Germany and Belgium also increased their imports. The port of Paita played a crucial role in these shipments, handling 65% of the total.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Agraria.pe) In July 2024, Peru exported 32,308 tons of coffee for US$ 144.2 million, which represented a growth of +110% in volume and +122% in value compared to the 15,348 tons for US$ 65 million recorded in the same month of the previous year. In July of this year, Peruvian coffee reached a greater diversity of destinations, reaching more than 35 countries. The increase in imports from the main buyers was key to this year's positive results, but also helped by larger purchases from destinations such as Canada and Sweden, whose acquisitions exceeded US$ 6 million, with increases of 319% and 189%, respectively. The main market was the United States (30% share), which acquired 9,289 tons (+118%) for a value of US$ 43.3 million (+130%), with an average price of US$ 4.66 per kilogram (+6%). This was followed by Germany (23%), with 7,443 tons acquired (+115%) for a value of US$ 33.7 million (+128%) and an average price of US$ 4.53 per kilogram (+6%); and Belgium (10%), with 3,236 ...
Source: Agraria

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