Peru may become the largest exporter of specialty coffee within 6 years
Juan Balias Vazquez, president of the Peruvian exporters' Association (ADEX), said recently that Peru is likely to become the largest producer and exporter of specialty coffee in 2018 if the Peruvian government and entrepreneurs take effective measures to promote the cultivation and consumption of coffee at home and abroad. In 2011, Peruvian coffee exports reached US $1.56 billion, with specialty coffee accounting for 25 per cent of total coffee exports, while organic coffee accounted for 80 per cent of specialty coffee and fair trade and eco-friendly coffee accounted for 20 per cent.
President Barrias said that the export of organic coffee has great potential for growth and will help Peru achieve greater economic and social development. Since the increase in coffee production will help to bridge disparities such as inequality and promote social integration, this will, in a sense, solve the problem of poverty in remote areas of the country.
Currently, Peruvian specialty coffee exports rank third in the world, behind Colombia and Guatemala, but Peru will promote the export of this product in important markets such as Japan, South Korea and China. According to F é lix Mar í n, president of COOPCHEBI, a leading exporter of Peruvian specialty coffee, due to the change in global coffee consumers' perception of coffee consumption, the market will favor specialty coffee producers who can provide high quality.
Felix also said that as coffee cultivation brings attractive income to local farmers, the product will gradually replace coca leaves as the main source of local income. He also points out that in the organic coffee industry, coffee farmers can get $30 more from acquirers than the average coffee buyer. In addition, since coffee cultivation is still in its infancy, farmers can earn $20 more than selling other products because of Fairtrade opportunities. As a result, as long as the coffee is of good quality, farmers can get a purchase price between $20 and $100.
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The Vietnamese government expects coffee exports to reach 1.2 million tons this year.
Beijing, 14 Feb (Xinhua) according to overseas media reports, Vietnam's Ministry of Agriculture and Rural Development recently estimated that Vietnam's coffee exports are expected to reach 1.2 million tons this year, earning 3 billion US dollars in foreign exchange. The Ministry said that Vietnam's coffee exports this year will be the same as last year, but the quality will be 10% higher than last year. In January this year, Vietnam exported 170000 tons of coffee, earning a foreign exchange of 350 million US dollars.
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