This country in South America became the ninth world exporter of coffee for US $ 1,103 million: it sells to the United States and Europe

The coffee exports Peru reached a total of US $ 1,103 million in 2024, which represents an increase of 33% compared to US $ 829 million reported in 2023. This information was provided by the Ministry of Agrarian Development and Irrigation (Midagri).

The amount reached is positioned among the highest, which exceeds US $ 1,221 million obtained in 2022 and US $ 1,021 million registered in 2012. This growth has been favored by the increase in international prices and opening to new markets.

Why did Peruvian coffee exports increased?

The growing Coffee demand On the part of consumers, added to climatic irregularities that affected the main producing countries, resulted in a notable reduction in global production. This situation has exerted significant pressure on international prices.

Green coffee exports conform to the demands for the consumption of nations that do not produce this grain. In this context, the Department of Agriculture of the USA He has reported an increase in domestic consumption, while highlighting the growing participation of Japan and China in the global coffee market.

What are the main destinations of Peruvian coffee exports?

He Peruvian coffee It is exported to more than 50 markets, where the United States stands out as its main destination. Other countries that appreciate the different varieties of national coffee growing include Germany, Belgium, Canada and Sweden. This product has managed to captivate the most demanding palates of international gastronomy.

In particular, Peru is positioned as the main producer and exporter of Organic coffee globally, in the company of Ethiopia. At the end of last year, Peru was consolidated as the ninth largest conventional coffee exporter at a global level, being surpassed only by countries such as Brazil, Vietnam, Colombia, Honduras, Ethiopia, Uganda, Guatemala and Indonesia. This growth in exports was favored by the increase in prices in international markets.

How has the international price of coffee varied?

The increase in coffee prices has been a key factor to boost its production and export. According to data from the International Coffee Organization (OIC), during the Coffee Year 2023/2024, the compound indicative price experienced a remarkable increase of 70.4%.

This change of trend brought the coffee value of 151.94 cents per pound in October 2023 to 258.90 cents per pound in September 2024. In the field of international markets, it is reported that the average prices of the average prices of the Arabica coffee and robust by 2025 are located at $ 7.81 and $ 5.41 per kilogram, respectively. In February 2025, quintal prices reach exceptional figures, standing around 400 dollars

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Source: Larepublica

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