Andina

Peru: Action Plan targets US$1 billion in coffee exports next year


LIMA-PERÚ, JUNIO 16.El Ministerio de Agricultura y Riego presenta el Plan Nacional del Acción del Café y la promoción del consumo del producto, y que compromete la participación de sectores público y privado.Foto: ANDINA/Luis Iparraguirre

13:58 | Lima, Jun. 16.

This year, Peru's Agriculture and Irrigation Ministry (Minagri) will come up with a National Action Plan for Coffee, by which the country is expected to reach exports worth US$1 billion in 2018.

This way, Peruvian coffee shipments worldwide will climb 25% next year.

According to Minagri's official Juan Risi, the plan involves public policies and encourages investment promotion to enhance coffee production, trade and consumption.

Minagri seeks to consolidate the country as a leading specialty coffee producer and the world's second largest organic coffee exporter.

Exports of the country's flagship product will grow 6% from US$756 million (2016) to US$800 million by year-end.

However, the coffee chain's goal is to exceed US$1 billion in sales next year and come close to the record level of 2011 (US$1.65 billion) within the following years.

Public and private sector representatives will join forces to revert the tough situation facing small coffee producers and their organizations as result of climate change impacts, lower international prices, plagues, among other factors.

Minagri and the National Coffee Council suggested actions aimed at strengthening coffee institutions and implementing the National Action Plan along with sector actors.

Actions will be taken at inter-sectoral level to ensure sustainable and competitive development of the industry.

(END) CNA/JJN/RMB/MVB

Published: 6/16/2017