Peruvian exports of cocoa and derivatives in 2023 should close with similar results to 2022

Published 2023년 5월 29일

Tridge summary

In 2022, Peru's cocoa and derivative exports saw a 26% increase, reaching 106,000 tons worth US$ 333 million. Despite expectations for further growth in 2023, the first four months have seen stable results with 25,000 tons exported, valued at US$75 million, due to adverse climatic and social conditions. The average price per kilogram was US$ 2.98. The global cocoa market is projected to see a 4% increase in supply, but a 1% decrease in demand, indicating a stable price. Machu Picchu Foods S.A.C. and Cafetalera Amazónica S.A.C. were the leading exporters. Southeast Asia, particularly Malaysia, was the top buyer of Peruvian cocoa, accounting for 41% of the total imports.

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

Original content

(Agraria.pe) During 2022, exports of cocoa and its derivatives totaled 106,000 tons for a value of US$ 333 million, figures that exceeded those obtained in 2021 by 26%. And it was this positive result that generated expectations positive for this year. But how is the campaign going? Until the end of April, cocoa shipments totaled 25,000 tons for a value of US$75 million, figures very similar to those registered in the same period of 2022, where it reached 24,800 tons for US$73 million. The fact that growth has not been achieved in this first part of the year is partly explained by the negative impact that climatic and social conditions have had in Peru. With a stable volume, the average price per kilogram of cocoa in these months was US$ 2.98, an amount practically the same as that handled during the same period of 2022. But not only Peru had invariable results; Results with similar trends are also projected for the global cocoa market. The International Cocoa Organization ...

Source: Agraria