Peruvian coffee exports increased by 62.8% in the first half of the year

Published 2024년 8월 23일

Tridge summary

Peruvian coffee exports experienced a significant boost in the first half of 2024, with shipments totaling US$ 257 million 704 thousand, a 62.8% increase from the previous year, despite a drop in international prices. The average price per kilogram was US$ 3.86, with the United States, Belgium, and Germany being the primary markets. Despite reaching 46 markets, a decrease from the previous year, the industry saw a decline in annual shipments in 2023, with a 32.9% decrease from the previous year, totaling US$ 827 million.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Despite the fall in its price on the international market, shipments of Peruvian coffee abroad (non-decaffeinated and unroasted coffee) totaled, in the first half of the year, US$ 257 million 704 thousand, achieving an increase of 62.8% with respect to the same period last year (US$ 158 million 307 thousand), reported the Association of Exporters (ADEX). In the framework of the commemoration of the ‘Day of Peruvian Coffee’ – celebrated on the 4th Friday of August of each year – the manager of Agroexports of the association, Claudia Solano Oré, explained that the price of the national grain abroad was on average US$ 3.86 per kilogram, however, the higher volumes boosted its sales. He recalled that in Peru, per capita consumption is barely one kilo, which is why public-private work must be strengthened in order to improve this volume. “The establishment of Peruvian Coffee Day and the work of other institutions to promote it are good initiatives,” he added. He also considered it ...

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