Tuesday 28 May 2024
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COLOMBIA – Coffee production increased 32% in the past twelve months, says FNC

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BOGOTA – The positive results of the Colombian Coffee Grower Federation´s (FNC) crop renovation initiative and improved weather conditions led Colombia, the world´s number one producer of mild washed Arabica coffee, to produce more than 11.3 million 60 kilo coffee bags during the past twelve months (May 2013-April 2014).

Besides leading to a 32% increase compared to the 8.5 million coffee bags produced between May 2012 and April 2013, this 2.8 million bag production increase generated nearly 188,000 new jobs.

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Year to date production (January 2014-April 2014) reached a total of 3.5 million 60 kilo bags, reflecting a 15% increase compared to the 3.1 million bags produced during the same period last year.

Between December 2013 and April 2014, the domestic coffee price increased 110% by escalating from to $206 per load of 125 kg of parchment coffee to $434 per load.As a result of the increase in production and the rise of the international coffee price, the coffee harvest domestic value increased significantly.

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Between January 2014 and April 2014, the coffee harvest value reached $707 million, meaning a 23% increase in domestic currency compared to  the same period last year. This positively affected the income of the inhabitants of more than 590 Colombian municipalities.

Colombian coffee exports maintain their positive growth trend

During the past twelve months (May 2013-April 2014), Colombian coffee exports reached 10.5 million 60 kilo bags, meaning a 35% increase compared to the 7.8 million exported between May 2012 and April 2013.

Year to date exports increased 31% compared to the same period of the previous year by reaching 3.7 million 60 kilo bags. Additionally, in April 2014, international coffee sales reached a total of 824,000 bags, entailing a 20% increase compared to coffee exports from April 2013.

The increase in Colombian coffee production and the rise of value added coffee sales resulted in an increase in the value of Colombian coffee exports.

During the past twelve months, the value of coffee exports reached $2,292 million, reflecting a 10% increase compared to the $2,086 million from the same period of the previous year. Additionally, in April 2014, the value of coffee exports increased 51% compared to April 2013 by reaching $244 million.

Source: FNC

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