Brazil grows as one main coffee supplier to the US

Over the past decade, the United States has become more dependent on Brazilian and Colombian coffee beans. Brazil and Colombia, which supplied 29% and 17% of all Arabica beans consumed in America in the 2011/12 market year, now account for 36% and 23%, respectively.

In the same period, the share of Mexican coffee beans dropped by half to 4%, and that of Central American suppliers dropped from 25% to 23%.

Americans are the biggest coffee drinkers in the world. According to the USDA, US imports of unroasted Arabica coffee increased by 3.3 million bags to 19.4 million bags between the 2011/12 and 2020/21 harvests.

On the other hand, imports of robusta beans declined in the same period. The volume of purchases fell by 2.6 million bags, reaching 3.5 million in the last cycle. Imports of unroasted decaf, whether arabica or robusta, fell by 100,000 bags to 1.5 million.

See below the record of coffee exports from Brazil from January 2021 to April 2022. The data below was extracted from the DataLiner platform.

Coffee exports from Brazil | January 2021 – April 2022 | WTMT

Source: DataLiner (click here to request a demo)

2022/23 harvest

In a June 23rd report, the USDA predicted that global coffee production would decrease by 5% in the 2022/23 cycle to 175 million bags. However, according to the agency, consumption should grow by 1.21% to 167 million bags, and inventories, by 6.3%, to 34 million bags.

Source: Valor Econômico

To read the full original article, please go to: https://valor.globo.com/agronegocios/noticia/2022/06/24/brasil-amplia-dominio-na-oferta-de-cafe-ao-mercado-americano.ghtml

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