Saturday 13 July 2024
  • La Cimbali

Brazilian coffee sales to Arab countries in line with overall trend

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SAO PAULO, Brazil – Sales to Arab countries were in line with overall coffee exports from Brazil. The first two months of the year saw total foreign sales climb 31.5% year-on-year to 6.88 million bags, with revenue going up 8% to USD 911 million. The average price per bag, on the other hand, was down 18%.

“February coffee export volumes were the second straight record this year. Everything leads us to believe that in case these results are sustained, the year should end with 40 million bags shipped. That will be another all-time high,” a Cecafé press release quoted its president Nelson Carvalhaes as saying.

“It must also be noted that these results show Brazil is regaining its share in global markets while catering to the most diverse, demanding markets,” he added.

In the first two months of the year, the leading importers of coffee from Brazil were Germany, the United States, Italy, Japan, Belgium, Turkey, the United Kingdom, France, Russia and Canada. The bulk of coffee exported from Brazil (81.5%) gets shipped out via the Port of Santos, in São Paulo.

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