Peruvian coffee reaches more markets

Published May 22, 2024

Tridge summary

In the first quarter of the year, Peruvian coffee exports surged to 45,600 tons valued at US$ 148 million, showing a 183% increase in volume and a 95% rise in value compared to the same period in 2023, despite a 31% drop in average price to US$ 3.25 per kilogram. The exports reached 42 destinations, with the United States, Belgium, and Germany being the top importers. The U.S. imported 8,530 tons for US$ 29 million, Belgium 7,479 tons for US$ 27 million, and Germany 6,956 tons for US$ 24 million. Leading exporters included H.V.C. Exportaciones S.A.C., Compañía Internacional del Café S.A.C., Olam Agro Perú S.A.C., and Comercio Amazonía S.A.

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

Original content

(Agraria.pe) In the first quarter of the year, Peruvian coffee exports totaled 45,600 tons for US$ 148 million, which represented an increase of 183% in volume and 95% in value, compared to what was registered in the same period of 2023. . For its part, the average price at which the product was quoted suffered a drop of -31%, leaving it at US$ 3.25 per kilogram, but despite this, the value almost doubled. In these same months, coffee was able to reach 42 destinations, compared to the 37 to which it had reached in 2023. Some of these countries that were ahead of their usual season were Saudi Arabia, the Dominican Republic, Panama and Ireland, with acquisitions between US$300,000 and US$700,000. For its part, the main places that bought coffee of Peruvian origin in this first quarter were the United States, with 20% participation; followed by Belgium, with 18%; and Germany, with 16%. To the North American country, shipments totaled 8,530 tons for US$ 29 million, which was more than ...

Source: Agraria