Peru’s Cocoa’s Exports Up 11% in January- November on Year: Chamber
Peru’s Cocoa’s Exports Up 11% in January- November on Year: Chamber
Commodities Network (Bogota)- The volume of Peruvian cocoa bean exports between January and November was 65.9 thousand tons, which represents an increase of 11% compared with the same period of 2022, the Peruvian Chamber of Coffee and Cocoa said.
The value amounted to USD$202.3 thousand, which is 40% more than the FOB value of the year 2022. The increase is explained because Malaysia became one of the main destinations, increasing its purchases by more than 21% in January-November on year.
COCOA BEANS AND MAIN EXPORTING COMPANIES
From January to November, 109 companies have exported cocoa beans to 40 countries. Malaysia is the main export destination of cocoa beans for a total of 20.7 thousand tons, with a participation of 31%, followed by Netherlands with 13.4 thousand tons, with a share of 20% and Indonesia with 11.4 thousand tons, with a share of 17%. These three destinations of exports represent more than 60% of the market.
The five companies that lead cocoa bean exports have exported in this period 45.9 thousand tons representing a total of 70% of the total Peruvian exports, of which four are Peruvian companies and one is multinational. Cafetalera Amazonica is the main exporter contribution with 30% of total exports, followed by Agro SanGerardo with 19% and Sumaqao with 13% of total exports.
By Diana Delgado
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