Brazilian coffee exports grow 15.4% to 4.3 million bags in November 2023
Dec, 22, 2023 Posted by Gabriel MalheirosWeek 202346
In November 2023, Brazilian coffee exports exhibited a notable growth of 15.4% compared to the same month in 2022, reaching a total of 4.33 million 60kg bags. Robusta coffee beans particularly stood out, experiencing a remarkable surge of 678% from November last year, with 856,000 bags exported, constituting 20% of the total shipped that month.
Arabica coffee accounted for 75% of the shipments, totaling 3.24 million bags, representing a 3.4% reduction on the same comparative basis. Soluble coffee, comprising 5% of the total exported volume in the month, saw 231,300 bags shipped. Despite the 15.4% increase in export volume, the foreign exchange revenue generated from shipments decreased by 10.2%, totaling $810 million when comparing November 2022 and 2023.
With November’s performance, Brazilian coffee exports for the first five months of the 2022/2023 crop reached 18.77 million 60kg bags, reflecting a 16.2% increase in exported volume compared to the same period in the previous crop. Despite the volume increase, the revenue experienced a 5.1% decline, contributing $3.67 billion to the country. It’s important to note that the Brazilian Coffee Exporters Council (Cecafé) considers the coffee crop period between July and June.
In the calendar year (January to November 2023), Brazil exported 35 million bags of coffee, a 3.2% decrease from the 36.17 million recorded in the first eleven months of the previous year.
Arabica coffee beans held a 78.6% share in the 2023 exports, amounting to 27.5 million bags. Conilon coffee shipments accounted for 11.8% of the total, with 4.13 million bags, while soluble coffee, contributing to 9.6% of the exports, amounted to 3.35 million bags. It’s worth noting the 186% increase in Conilon coffee exports compared to the same period last year. The foreign exchange revenue generated from Brazil’s coffee exports in the first eleven months of 2023 amounted to $7.22 billion.
See below Brazil’s coffee exports from Jan 2020 to Oct 2023. The data is from DataLiner.
Brazilian coffee exports | Jan 2020 – Oct 2023 | WTMT
Source: DataLiner (click here to request a demo)
According to data from Cecafé’s November 2023 Monthly Report, the top ten destinations for Brazil’s coffee exports from January to November 2023, in descending order, were led by the United States, despite a 25.7% decrease in purchases compared to the same period last year. They remained the primary importer with 5.47 million bags, representing 15.6% of the total sold during this period. Following were Germany with 4.42 million bags (12.6%), Italy with 2.82 million bags (8%), Japan with 2.07 million bags (5.9%), and Belgium in fifth place with 1.95 million bags (5.5%).
Continuing the list, the United Kingdom secured the sixth position with 1.22 million bags (3.5%), Turkey in seventh with 1.21 million bags (3.45%), and China, witnessing a 221% growth in Brazilian coffee imports, reached eighth place with 1.15 million bags (3.3%). Colombia, the third-largest coffee producer globally, stood out as the ninth-largest importer of Brazilian coffee alongside the Netherlands. Both countries purchased 1.12 million bags of Brazilian coffee during the period, representing 3.2% of Brazil’s total exports in the current year.
The data and additional details regarding the performance of Brazil’s coffee exports for this analysis, among other relevant sector information, can be found in the November 2023 Monthly Report from the Brazilian Coffee Exporters Council (Cecafé). The full report is available on the Coffee Observatory of the Coffee Research Consortium, coordinated by Embrapa Café.
Regarding specialty coffees—those exhibiting superior quality or holding certificates for sustainable practices—Brazil exported 6.07 million 60kg bags from January to November 2023. This volume accounted for 17.4% of the total exported by Brazil in the year, generating foreign exchange revenue of $1.39 billion, responsible for 19.3% of the total foreign exchange revenue from Brazil’s coffee exports in the January-to-November period of this year.
Source: Portal do Agronegócio
Click here to access the original news piece: https://www.portaldoagronegocio.com.br/agricultura/cafe/noticias/exportacoes-dos-cafes-do-brasil-crescem-15-4-e-atingem-4-3-milhoes-de-sacas-em-novembro-de-2023
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