Peruvian coffee exports fall more than 70% both in volume and value in the first quarter of 2023

Published 2023년 5월 2일

Tridge summary

Peruvian coffee exports in 2022 saw a significant increase in volume and value, making it the country's third most exported agricultural product. However, the first quarter of 2023 has seen a dramatic decrease in both volume and value exported, due to weather conditions and social protests, as well as a decrease in global prices as Brazilian production recovers. Despite these challenges, coffee exported to over 30 countries, with the United States, Germany, and Belgium being the main importers. Unroasted Arabica coffee was the most demanded presentation in both the United States and Europe. Perales Huancaruna S.A.C. and Comercio Amazonía S.A. were the leading agro-exporters in the first quarter of 2023.

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Original content

(Agraria.pe) Peruvian coffee shipments in 2022 reached 244,000 tons valued at US$ 1,220 million, being the third most exported agricultural product in the country. These figures were 20% higher in volume, but 50% higher in value compared to what was obtained during 2021. However, during the first months of 2023 the figures are discouraging. From January to March of this year, 16,000 tons of coffee were exported for a value of US$76 million, reflecting a contraction of more than 70% in both volume and value compared to the 60,000 tons for US$275 million reached in the same period. from the previous year. Curiously, what generated the good results in 2022 also explains the fall in 2023: the climate (although this year it has had its share of damage due to social conflicts). In 2022, the weather affected the campaign of Brazil, the world's leading coffee exporter, and Colombia, leaving the world unattended. As a consequence, prices skyrocketed and Peru was able to take advantage of ...

Source: Agraria