Brazilian coffee exports grow 2.6%
Oct, 10, 2019 Posted by Sylvia SchandertWeek 201942
According to Cecafé, Brazil’s Coffee Exporters Council, the country exported 3.2m bags of coffee in September this year – considering the sum of green, soluble, and roasted and ground coffee. The volume represents a 2.6% increase over September 2018. Foreign exchange revenues generated by exports last month reached US$410.3m, down 4.5% over the same period last year. The average price of a coffee bag was US$126.9/bag, a decrease of 6.9% over the same month of 2018.
In September, Arabica coffee accounted for 81.8% of the total exported volume, equivalent to 2.6m bags. Conilon (robusta) coffee accounted for 8.1%, with the shipment of 263,100 bags, while soluble coffee accounted for 10% of exports, with 323,100 bags exported.
Coffee volumes exported in September registered the best result of the month in the last five years. The accumulated performance of the last 12 months also marks a very significant increase in sales abroad, reaching around 42.2m bags.
Another factor that should be highlighted is the strong growth in sales to the 10 largest buying countries, including the USA, Germany, Japan, Belgium, and Spain, with the exception of the United Kingdom. These results show the increase in Brazilian participation in world exports, according to data obtained by ICO (International Coffee Organization), and once again confirm the high quality of the most sustainable coffee in the world, which is Brazilian coffee.
Total coffee exported in the calendar year (January to September 2019) remains the highest in the last five years for the period, with the shipment of 30.4m bags. The volume represents a growth of 27.7% compared to the same comparative base of last year and the foreign exchange revenue, in this case, also presented growth of 6.5%, reaching US$3.8bn.
The following chart, based on Datamar’s DataLiner data, shows Brazilian coffee exports from January 2006 to August 2019:
DataLiner data from Datamar show Brazil’s leading oceanic intermediaries in coffee transportation from January to August over the past five years:
Charts Source: Datamar
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