Peru: Cocoa Update and Outlook
Cocoa production in Peru is estimated to reach 70,000 MT in CY 2014, increasing 5 percent compared to CY 2013. Peruvian cocoa bean exports are expected to reach 37,000 MT in CY 2014, an increase of 18 percent compared to the previous year. Higher prices and government alternative development programs are encouraging production and exports. This is first cocoa report issued by FAS Lima in a number of years.
