From August 30th to September 1st, Guayaquil will host a new edition of the business conference ‘Aromas del Ecuador,’ which will be held in parallel to the Fifth World Cocoa Summit. The executive director of the Institute for the Promotion of Exports and Investments (ProEcuador), Roberto Intriago, says that this event is a showcase for domestic producers of coffee, cocoa, and chocolate have a more consistent presence in the international market.
Concerning business projections, Intriago says that in the six previous fairs $ 76 million were generated in business expectations, of which $ 15.1 million was achieved thanks to ‘Aromas del Ecuador 2016.’ “This year our expectations are a 9% increase, that is, to obtain $ 16.5 million in business.
In 2016, coffee exports accounted for $ 148 million (24,000 tonnes). This represents a growth of 14% compared to the previous year, from the FOB value point of view and a 2.5% in tons. Last year, cocoa yielded $ 750 million (253,000 tons). A positive trend in terms of tons with an increase (estimated) of two digits more than in 2016 is foreseen this year. (I)