Peru exported 30,964 tons of coffee for $119.6 million

Published Aug 10, 2024

Tridge summary

In the second quarter of 2024, Peruvian coffee exports saw a significant increase, with a total of 30,964 tons exported valued at $119.6 million, marking an 84.3% increase in volume and a 60.7% increase in value compared to the same period in 2023. Despite a decrease in the average international price of Peruvian coffee to $3.86 per kilogram, the higher volume helped offset this. These exports were distributed to 40 international destinations, with the United States, Germany, Belgium, Canada, and Mexico being the main recipients. H.V.C Exportaciones S.A.C., Perales Huancaruna S.A., Comercio Amazonía S.A., and Amazonas Coffee Friends S.A.C. were the leading companies in the coffee export business during this period.

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

Original content

In the second quarter of 2024, Peruvian coffee exports reached 30,964 tons worth $119.6 million. This represents an increase of 84.3% in volume and 60.7% in value compared to the same period in 2023, according to FreshFruit. The higher volume offset the drop in the international price of Peruvian coffee, which averaged $3.86 per kilogram. This represented a decrease of 12.8% compared to the second quarter of 2023, when the price was $4.43 per kilogram. During this quarter, Peruvian coffee was shipped to 40 international destinations, three more than in the same period last year. The main markets were the United States, with a share of 26.3%; followed by Germany, with 15.2%; Belgium, with 14.6%; Canada, with 11.1%; and Mexico, with 3.8%. The United States received 8,062 tons of Peruvian coffee for $31.4 million ($3.90 per kilogram), consolidating itself as the main buyer in this period. H.V.C Exportaciones S.A.C. was the exporting company with the largest shipments to this ...

Source: AgroPeru