Agriculture & Food

José Antonio Mejía, Chairman of the Coffee and Cocoa Committee of the Peruvian Exporters Association (Adex), recently stated that, benefiting from the increase in coffee prices, Peru’s coffee exports in the first half of the year increased by 9.8% year-on-year, of which exports to China increased by 211%. .

The website "Portal Portuario" reported that Megia pointed out that in 2020, Peruvian coffee exports will increase by 1% year-on-year; in 2021, if coffee prices remain unchanged, exports will continue to grow, which will affect the entire production chain, including several Inland region. He added that Peru was the ninth largest coffee producer in the world last year, second only to Brazil, Vietnam, and Colombia.

Data shows that due to price increases, Peru’s coffee exports in the first half of the year were 130 million U.S. dollars, a year-on-year increase of 9.8%. The main export markets were the United States, Colombia, Germany, Canada, Belgium and South Korea. Although the United States is the main export market for Peruvian coffee, with export value accounting for 20.4%, sales growth in other markets has also been impressive, such as Canada (+127.8%), South Korea (+107.7%), France (+141.3%) and China (+211%).

In addition, in 2011, Peru’s coffee exports set the best record at the time, with an export value of approximately US$1.593 billion. In 2013, exports were affected by coffee rust, a year-on-year decrease of 32%. Since then, coffee exports have been ups and downs, increasing by 7% in 2014, decreasing by 19% in 2015, increasing by 25% in 2016, decreasing by 7% in 2017, and decreasing by 4% in 2018.