Peruvian coffee broke a record in July 2024 by doubling its exports

Published 2024년 8월 27일

Tridge summary

In July 2024, Peru experienced a significant surge in coffee exports, with a 110% increase in volume and 122% increase in value compared to the same month in the previous year, reaching a total of 32,308 tons valued at $144.2 million. This growth was notable in both the number of destinations, now exceeding 35 countries, and the volume of imports from key buyers, including the United States, Germany, and Belgium. The United States remained the largest market, accounting for 30% of total exports. The port of Paita played a pivotal role in managing the majority of shipments, handling 65% of the total. This surge highlights a strong global demand for Peruvian coffee in the month of July 2024.

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

Original content

In July 2024, Peru exported 32,308 tons of coffee for $144.2 million, representing an increase of 110% in volume and 122% in value compared to the same month of the previous year (15,348 tons for $65 million), according to FreshFruit. During this period, Peruvian coffee reached a greater diversity of destinations, reaching more than 35 countries. The increase in imports from the main buyers was key to these positive results, as well as the increase in purchases from destinations such as Canada and Sweden, whose purchases exceeded $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 $43.3 million (+130%), with an average price of $4.66 per kilogram (+6%). Germany followed (23%), with 7,443 tons purchased (+115%) for $33.7 million (+128%) and an average price of $4.53 per kilogram (+6%); and Belgium (10%), ...

Source: AgroPeru