Brazil coffee exports reach 1.62 million bags in May

Brazilian coffee bean exports totaled 1,619,067 bags weighing 60 kilograms in May 2023. This was determined over 14 working days, yielding a daily average of 115,648 bags. These exports earned US$ 370.006 million in revenue, with a daily average of US$ 26.429 million. The average price per bag was USD 228.53.

Check below the chart of maritime shipments of coffee registered month by month in Brazil from January 2019 to March 2023. The data was obtained through Datamar’s DataLiner business intelligence service.

Coffee exports from Brazil | January 2019 – March 2023 | WTMT

Source: DataLiner (click here to request a demo)

Comparing the daily average revenue of coffee bean exports in May 2023 to that of May 2022, there was a slight decrease of 0.7%. In May 2022, the daily average revenue was US$ 26.611 million. However, the daily volume of shipments in May 2023 showed positive growth of 7.2% compared to May 2022, which had an average daily record of 107,930 bags. On the other hand, the average price experienced a decline of 7.3%. These statistics were provided by the Foreign Trade Secretariat (Secex).

Source: Canal Rural

To read the original story, please access: https://www.canalrural.com.br/radar/cafe-embarques-de-maio-estao-em-162-milhao-de-sacas/

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