Peru exported 48,566 tons of beans for US$67 million between January and October 2022, showing a growth of 17% in volume and 15% in value

(Agraria.pe) In 2021, beans were the sixteenth most exported agricultural product by Peru, with more than 100 companies making shipments to more than 47 countries. This product is usually exported throughout the year consistently. From January to October 2022, Peruvian bean shipments totaled 48,566 tons for a value of US$67 million, showing growth of 17% in volume and 15% in value. These increases occurred after a slight drop in the price received for Peruvian beans, which traded on average at US$1.39 per kilogram (2% less than the previous year). The increase in exports has two complementary explanations: several important competitors in Peru have replaced their bean crops with other more profitable ones, while low production has been obtained in the main destinations that has not covered their internal demand. . And since the international logistics problem has motivated countries to purchase their imports from nearby countries, the largest increase in Peruvian shipments has ...