Saturday 20 April 2024
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January coffee export from Brazil fell by 7.2% to 3.2 million bags, reports Cecafé

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DESCAMEX COFFELOVERS 2024
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MILAN – Brazil exported 3.2 million bags of coffee in January, down 7.2% from a year ago, fetching US$438.14 million, down 5.6% year-on-year, Cecafé says in its monthly report. The average price of the bag of coffee was US$136.00, up 1.7% from a year ago.

Arabica coffee accounted for 83.2% of the total coffee exports, at 2.7 million bags shipped. Soluble coffee reached 9.8% of the shipments, at 315,300 bags, up 29.8% year-on-year.

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As for conilon (robusta) coffee, it accounted for 6.9% of the exports, at 223,800 bags, up 48.6%.

Coffee exports from Brazil in crop year 2019/20 have reached so far 23.474.631 bags, down 4,1% from the equivalent period in 2018/19.

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Green coffee exports were similarly down by 4.7% to 21.150.722 bags, of which 18.610.158 of Arabica (-7.3%) and 2.540.564 (+19.6%) of Robusta coffee.

Exports of processed coffee (mostly soluble) rose by 1.7% to 2.323.909 bags.

Shipments to the country’s main export destinations were mostly down, with the exception of the Russian Federation (+64.7%) and Canada (+11.8%).

Export to the United States, Germany and Italy, the biggest buyers for Brazilian coffee, fell by 5%, 11.20% and 29.5% respectively.

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“January coffee exports results were great, especially concerning the dollar value per bag, which was higher than a year ago, despite the strong depreciation of Real,” Cecafé chairman Nelson Carvalhaes was quoted as saying in a press release.

As for special coffee exports, they reached 628,900 bags. These beans have a higher quality or are certified by their sustainable practices and accounted for 19.5% of total exports.

This category grossed US$108.2 million, accounting for 24.7% of overall coffee exports revenues, while the average price stood at US$172.09.

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