Peru is recognized by the International Cocoa Organization as one of the few countries in the world that produces fine and aromatic cocoa. Sustainable sourcing of fine and aromatic cocoa has been identified as one of the priority areas for the sustainable development of the agricultural sector in Peru. Cocoa production involves around 300,000 people from different regions.
Varieties & growing areas
Peru grows Trinitary, Amazon foreign and Creole cacao varieties. The Creole variety is expanding rapidly because of its higher quality resulting from greater fat content. The climate is extremely favourable, with the ideal amount of rainfall (approximately 2,500 mm per annum), falling evenly throughout the year. Smallholder agriculture accounts for the majority of the native cocoa production in Peru and is the main source of income for the local rural population.
Please find below a map of the main growing areas in Peru.
Latest market info
Cocoa prices witnessed a general upward trend during the month past 2 months. They increased on average by 30% on the New York market. This followed a re-assessment of both production and grindings, respectively lower and higher than previously estimated, by the end of 2017/18. This price rally was supported by raising concern over the dry and hot weather, which prevailed in West Africa in the previous months, and to some extent by the decision of the Conseil du Café-Cacao (CCC), Côte d’Ivoire’s cocoa marketing board, to halt cocoa production-boosting programmes in response to falling international prices. The overall market expectations for the 2017/18 mid-crop outlook changed following the news of abundant rainfall had occurred in West African cocoa producing countries.
We expect prices to continue to rise in the next couple of months. As for now the availability is not an issue, since the new crop in Peru is about to start. The local production is running smoothly.
We advise you to cover your needs asap. We are still able to offer very competitive prices from our BRC certified supplier.
We can offer:
– Organic cacao nibs (raw or roasted)
– Organic cacao powder
– Organic cacao liquor (drops, blocks or wafers)
– Organic cacao butter (drops, blocks or wafers)
Our supplier is committed to maintain a cocoa supply chain that guarantees social and environmentally responsible practices encouraging the conservation of biodiversity and sustainable rural development giving equal weigh to Economic development and an Environmental responsible agriculture. They provide free technical assistance and training to encourage farmers to adopt environmentally friendly practices and the expansion opportunities have taken us steps towards greening our operations to mitigate our environmental impact, implement traceability and generate alliances to ensure social investments in rural development.
They have also developed a Development and Sustainability Program in order to encourage the cultivation of certificated organic and sustainable cocoa improving farmers’ income and increase their standard of living. There are 3000 families involved in this program. They are also supporting a local school in the area. In 2014 they obtained the FLOCERT Fair Trade certification.