Business News
Peru hopes to boost coffee exports to Taiwan
Apr 3, 2011, 6:45 GMT
Taipei - Peru, the world's top producer of organic coffee, hopes to boost its coffee exports to Taiwan, the Central News Agency (CNA) said on Sunday.
Taiwan is the Peru's fourth-largest export market in Asia but it buys relatively little coffee from the Andean nation, Gycs Gordon, director of Peru's trade office in Taipei, was quoted as saying.
Taiwan imported 97 tons of coffee beans from Peru in 2010, worth 364,000 US dollars, only a fraction of Taiwan's annual coffee imports of about 20,000 tons.
Gordon said Taiwan's coffee imports grow every year, but most of of it comes as mixed beans. He said the growing sophistication of the island's coffee drinkers could make the market a good target for Peru's organic and free-trade products.
Taiwan is one of the fastest-growing coffee consumption markets in the world. Its coffee business is worth about 1 billion dollars a year, with an annual growth of 12-15 per cent, according to the Taiwan Coffee Association.
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