Coffee, husks, skins and substitutes market in Peru

Earlier Report Observations

The domestic market for coffee, husks, skins, and substitutes in Peru grew from 108.6 thousand tons in 2018 to 172.6 thousand tons in 2021. This expansion was shaped by international price volatility and climatic factors like El Niño affecting coffee productivity, alongside the competitive entry of large companies focusing on innovation. The COVID-19 pandemic in 2020 disrupted global supply chains, while in 2021, soaring Arabica prices due to weather issues in Brazil and rising fertilizer costs constrained global supply, supporting local market retention.

Market volume dropped sharply to 120.7 thousand tons in 2022 as exports rebounded and production slightly declined. New European Union regulations requiring deforestation-free coffee imports and persistent global logistical bottlenecks introduced trade complexities. Recovery followed in 2023, with volume reaching 162.8 thousand tons, driven by the continued global growth of coffee culture, rising demand for specialty coffee, and increasing domestic consumption trends.

Production coffee, husks, skins and substitutes in Peru

In kind, 2017-2020, K t

From 2017 to 2020, Peru held the 7th position globally in the production of coffee, husks, skins, and substitutes.

Top producers of coffee, husks, skins and substitutes, 2017-2020

World map of production of coffee, husks, skins and substitutes, 2017-2020

Peru's production of coffee, husks, skins, and substitutes fell for the second year in a row. In 2020, the country produced 353.2 K t, marking a 2.8% decrease from 2019. Over the 2017-2020 period, production grew by 4.7%, which translates to an annualized rate of 1.5%. The peak was in 2018 at 369.6 K t, with the largest increase of 9.6% also occurring that year.

Annual dynamics of production in Peru in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Peru's production value for coffee, husks, skins, and substitutes rose for the second consecutive year. In 2020, output was valued at 1 061 M $ US, up 6.5% from the previous year. From 2017 to 2020, production value increased by 8.9%, with a compound annual growth rate of 2.9%. The lowest value was recorded in 2018 at 965 M $ US, when the largest decline of 0.8% took place.

Annual dynamics of production in Peru in value, 2017-2020, M $ US

Exports coffee, husks, skins and substitutes from Peru

Exports in kind, K t

Export volumes of coffee, husks, skins, and substitutes from Peru dropped for the second year in a row. In 2020, exports totaled 213.4 K t, an 8.2% decrease compared to 2019. Between 2017 and 2020, exports fell by 13.3%, equivalent to an annualized decline of 4.6%. The highest volume was in 2018 at 261.3 K t, with the largest decrease of 11.1% in 2019 and the largest increase of 6.2% in 2018.

Annual dynamics of product's exports from Peru in kind, 2017-2020, K t

From 2017 to 2020, the United States, Germany, and Belgium were the top contributors to Peru's exports in kind, accounting for 24.7%, 22.2%, and 9.7% of the total, respectively. Together, they made up 56.6% of all export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Peru in kind, 2017-2020

Exports in value, M $ US

Following a two-year decline, Peru's export value for coffee, husks, skins, and substitutes saw an uptick. In 2020, exports amounted to 640.7 M $ US, a slight gain of 0.6% over the previous year. Over the 2017-2020 period, export value decreased by 9.8%, with an annualized rate of -3.4%. The lowest value was in 2019 at 636.8 M $ US, when the largest decline of 6.7% occurred.

Annual dynamics of product's exports from Peru in value, 2017-2020, M $ US

During 2017-2020, the United States, Germany, and Belgium were the main destinations for Peru's exports in value terms, representing 26.6%, 22.9%, and 10.2% of the total, respectively. Combined, they accounted for 59.7% of all export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Peru in value, 2017-2020

Imports coffee, husks, skins and substitutes to Peru

Imports in kind, K t

Imports of coffee, husks, skins, and substitutes into Peru increased for the second consecutive year. In 2020, Peru imported 0.4 K t, up 13.0% year-over-year. From 2017 to 2020, imports grew by 20.5%, equating to an annualized rate of 6.4%. The lowest volume was in 2018 at 0.4 K t, with the largest decline of 6.0% that year and the largest increase of 13.4% in 2019.

Annual dynamics of product's imports to Peru in kind, 2017-2020, K t

Throughout 2017-2020, the United States, Colombia, and Italy were the core sources of Peru's imports in kind, making up 30.6%, 23.7%, and 16.7% of the total, respectively. Together, they represented 71.0% of all import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Peru in kind, 2017-2020

Imports in value, M $ US

After a two-year rise, import value for coffee, husks, skins, and substitutes into Peru declined. In 2020, imports registered 3.2 M $ US, a significant decrease of 23.2% from the previous year. Between 2017 and 2020, import value increased by 8.7%, with an annualized growth rate of 2.8%. The peak was in 2019 at 4.1 M $ US, when the largest increase of 39.6% occurred in 2018.

Annual dynamics of product's imports to Peru in value, 2017-2020, M $ US

From 2017 to 2020, the United States, Italy, and Colombia remained the principal suppliers of coffee, husks, skins, and substitutes to Peru in value terms, accounting for 29.5%, 28.1%, and 19.6% of total imports, respectively. Jointly, they made up 77.2% of all import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Peru in value, 2017-2020