Tuesday 09 August 2022

Brazil′s coffee exports set a new monthly high of 4.1 million bags in October, Cecafé

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MILAN – Coffee exports in all forms from Brazil rose 11.5% year-on-year in October to almost 4.1 million bags, setting a new record high for the month, the National Coffee Exporters Council (Cecafé) said on Wednesday. Brazil shipped 4,092,194 bags of coffee earning US$509.6 million, up 8.5 % from October 2019, or BRL 2.9 billion, up 49.4% in Brazilian currency over October 2019.

Green coffee exports rose 14.4% to 3,803,228 bags of which 3,331,435 bags of Arabica (+12.4%) and 471,793 bags of Robusta (+31.4%).

Sales abroad of processed coffee were 16.5% down to 288.966 bags, mostly of soluble coffee.

Coffee exports from Brazil during the first 10 months of the year were the highest of the last five years, both in volume and in turnover, according to Cecafé.

Total shipments rose by 1.9% to 35,012,741 bags. Green coffee shipments recorded a 2.3% increase to 31,667,346 bags of which 27,459,659 bags (-0.3%) of Arabica and 4,207,687 (+23.4%) of Robusta. Export of processed coffee saw a 1.3% decrease to 3,345,395 bags.

The United States remain the main market for Brazilian coffee followed by Germany, Belgium, Italy and Japan.

“October exports had an excellent performance, marking a record for the month,” Cecafé’s president, Nelson Carvalhaes, said in the report.

Despite the novel coronavirus pandemic, Brazilian agribusiness saw “consistent and safe” output in 2020, he added.

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