News

Peru exported 71,126 tons of cocoa beans for US$ 226 million in 2023

Cocoa Products
Cocoa Bean
Peru
Market & Price Trends
Published Feb 12, 2024

Tridge summary

In 2023, Peru saw a significant growth in its cocoa beans export, with a volume of 71,126 tons and a value of US$ 226 million, marking an 8% and 45% increase respectively. The average price per kilogram was US$ 3.17, a 34% increase from the previous year. The Asian market, especially Malaysia, emerged as a major importer, surpassing the Netherlands. Despite a drop in volume, European shipments increased in value. Due to supply issues, particularly in Africa, high prices are anticipated to persist in 2024.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

(Agraria.pe) Cocoa beans are one of the most traded agricultural products worldwide. Peru is privileged in this product, since it has 6 of the 10 genetic varieties of cocoa that exist in the world. However, diversity is not the only variable that determines product success. The increasing quality standards demanded by the main markets in the world condition Peruvian producers. In turn, this allows better prices to be achieved as quality increases. Therefore, maintaining high quality in production is vital for Peruvian exporters; in addition to complying with the health and environmental requirements of the main markets, such as Europe. Here the State plays a primary role through entities such as the National Agrarian Health Service (Senasa) with its constant training for pest control, crop management and the correct handling of products during transportation. The State has also made progress in connecting producers with new importing companies around the world through Sierra y ...
Source: Agraria
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