Peruvian cocoa exports grew 48% in volume and 170% in value in June 2024

In June 2024, Peruvian cocoa exports experienced remarkable growth, with shipments totaling 12,844 tons valued at US$ 82 million, reflecting a 48% increase in volume and a 170% rise in value from the previous year. This growth was fueled by an 82% increase in the average price, reaching US$ 6.38 per kilogram. Spain became the leading destination, with exports to the country soaring over tenfold in volume and nearly 23 times in value, amounting to US$ 17 million. The United States and Malaysia also saw significant increases in both volume and value, with substantial hikes in average prices contributing to the overall growth.

(Agraria.pe) Peruvian cocoa exports surprised again in June 2024, when 12,844 tons were shipped for US$ 82 million, reporting a growth of 48% in volume and 170% in value compared to what was registered in the same month of the year former. This greater increase in value was thanks to the 82% increase registered in the average price, which reached US$ 6.38 per kilogram. Peruvian grain reached 35 destinations, with Spain being the most important, with a 21% share. This place surprised by climbing 10 positions compared to 2023. Behind were the United States (16%) and Malaysia (13%). To the Spanish market, Peru exported 2,614 tons for US$ 17 million, more than 10 times the volume shipped a year before and almost 23 times more in value. Thanks to this jump, the monthly value exported in June to this destination reached the highest historical peak, exceeding US$ 10 million for the first time. The price was key to reaching this result, since it was 119% higher, being quoted at US$ 6.58 ...