Peru: Market for Coffee (Decaffeinated or Roasted) 2024

Market Size for Coffee (Decaffeinated or Roasted) in Peru

In 2022, the Peruvian decaffeinated or roasted coffee market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Decaffeinated or roasted coffee consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Coffee (Decaffeinated or Roasted) in Peru

In value terms, decaffeinated or roasted coffee production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Decaffeinated or roasted coffee production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Exports of Coffee (Decaffeinated or Roasted)

Exports from Peru

In 2022, shipments abroad of coffee (decaffeinated or roasted) decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a dramatic descent. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, decaffeinated or roasted coffee exports fell modestly to $X in 2022. In general, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Chile (X tons) was the main destination for decaffeinated or roasted coffee exports from Peru, accounting for a X% share of total exports. Moreover, decaffeinated or roasted coffee exports to Chile exceeded the volume sent to the second major destination, Costa Rica (X tons), more than tenfold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Chile amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (X% per year) and the United States (X% per year).

In value terms, Chile ($X) remains the key foreign market for coffee (decaffeinated or roasted) exports from Peru, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Costa Rica, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Costa Rica (X% per year).

Export Prices by Country

In 2022, the average decaffeinated or roasted coffee export price amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coffee (Decaffeinated or Roasted)

Imports into Peru

Decaffeinated or roasted coffee imports into Peru skyrocketed to X tons in 2022, rising by X% compared with the year before. Over the period under review, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, decaffeinated or roasted coffee imports soared to $X in 2022. Overall, imports showed prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Colombia (X tons), the United States (X tons) and Italy (X tons) were the main suppliers of decaffeinated or roasted coffee imports to Peru, with a combined X% share of total imports. Brazil, Mexico, the UK and Costa Rica lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Costa Rica (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest decaffeinated or roasted coffee suppliers to Peru were the United States ($X), Italy ($X) and Colombia ($X), with a combined X% share of total imports. Brazil, the UK, Costa Rica and Mexico lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Brazil, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average decaffeinated or roasted coffee import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price, however, recorded a perceptible downturn. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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