2023: A brilliant year for Peruvian cocoa bean exports

Published Dec 11, 2023

Tridge summary

Peru has seen a significant increase in the export of cocoa beans this year, with a 5% increase in volume and a 33% increase in value from January to October compared to the previous year. Malaysia has emerged as the main destination market for Peruvian cocoa beans, with a 275% increase in volume and a 420% increase in value in October alone. The Netherlands and Indonesia also remain top destinations for Peruvian cocoa, despite slight decreases in volume and value compared to the previous year.

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

Original content

This year has been very positive for Peruvian cocoa beans. In the period from January to October, Peru managed to export 57,451 tons worth $176 million, representing a 5% increase in volume and an impressive 33% increase in value compared to the previous year, according to FreshFruit. Although shipments did not increase considerably, income did, especially due to the large increase in demand in Malaysia, which became the main destination market for cocoa beans of Peruvian origin. In October alone, Malaysia imported 17,292 tonnes for $51 million, which was a 275% increase in volume and 420% increase in value. This great reception that Peruvian cocoa has been receiving has been a great opportunity for the destination markets to expand and the product to be positioned in other Asian countries. What's more, Indonesia is also in the top 3. The country that completes ...

Source: AgroPeru