Peru exported 10,889 tons of cocoa beans in September 2024

Published Nov 8, 2024

Tridge summary

In September 2024, Peru saw a significant increase in its cocoa bean exports, with a 16% rise in volume exported year-on-year reaching 10,889 tons, and a 125% increase in export value, generating $70 million. This growth is primarily attributed to a 95% increase in the average price of cocoa beans, which rose from $3.30 to $6.43 per kilogram. Malaysia was the top buyer, receiving 32% of the total exports, followed by the Netherlands with 22%. Mexico's purchases made up 8% of the total, despite a 40% drop in volume. DP World and APM Terminals led the shipments, with Cafetalera Amazónica S.A.C., Agro San Gerardo E.I.R.L., and Sumaqao S.A.C. being the leading exporting companies.

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

Original content

In September 2024, Peru exported 10,889 tons of cocoa beans, generating revenues of $70 million. Compared to the same month of the previous year, the exported volume increased by 16%, while the total export value registered a remarkable growth of 125%. This increase was mainly due to the 95% increase in the average price of cocoa, which went from $3.30 per kilogram in 2023 to $6.43 in 2024. According to FreshFruit, in terms of the markets served by Peru this last month, of the 31, Malaysia was consolidated as the main destination (32% of cocoa bean exports) with 3,717 tons purchased for $22.15 million. Compared to 2023, the volume sent to Malaysia increased by 17%; while the value registered a growth of 129%, driven by a 96% increase in the average price, which stood at $5.96 per kilogram. For its part, the Netherlands ranked second, with a 22% share, registering purchases for $15.11 million and a volume of 2,407 tons. This represented an increase of 74% in volume and 209% in ...

Source: AgroPeru