Peru: Coffee Annual

  |   Attaché Report (GAIN)   |   PE2024-0008
Peru's coffee production and exports look to continue their recent growth trends and are expected to increase seven and six percent, respectively, in marketing year (MY) 2024/25. Production is forecast to reach 4.22 million 60-kilogram bags in MY 2024/2025, while exports are forecast at 4.07 million bags. High international coffee prices are encouraging producers to invest in fertilizers and harvest more thoroughly. Consumption is also forecast to continue expanding, increasing four percent from the previous marketing year to 240,000 bags in MY 2024/25. The United States remained the top market for Peruvian coffee in MY 2023/24, accounting for 28 percent of total exports.

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