Brazilian coffee exports to China jump 275% in 2023
Oct, 18, 2024 Posted by Gabriel MalheirosWeek 202440
China’s newfound appreciation for coffee has surged over the last decade, and more recently, the beverage has become a popular trend among younger generations. According to the U.S. Department of Agriculture (USDA), China now consumes around 6 million kilograms of coffee annually.
This shift in Chinese consumption had a major impact on Brazil in 2023, as coffee exports to China skyrocketed by 275% compared to the previous year, according to the Brazilian Coffee Exporters Council (Cecafé), which is involved in new trade agreements with the country.
As a result, China has jumped from 20th to 6th place among Brazil’s top coffee importers. Brazil, the world’s largest coffee producer, is seeing China emerge as a key market for its coffee exports.
In 2022, China became the global leader in branded coffee shop locations, boasting 49,600 stores, surpassing the United States, which has 42,800 stores, according to data from the World Coffee Portal.
Brazil’s Coffee Exports
From January to September this year, Brazil’s coffee exports to China held steady at around 680,000 bags compared to the same period in 2023. However, Cecafé projects that by the end of the year, exports to China could reach 2.5 million bags.
The chart below provides an overview of coffee shipments to China departing from Brazilian ports between January 2021 and August 2024, according to Datamar’s DataLiner. Readers may request a demo through the link below.
Coffee Exports to China | Jan 2021 – Aug 2024 | WTMT
Source: DataLiner (click here to request a demo)
Currently, the United States remains Brazil’s largest coffee buyer, with imports valued at $1.131 billion in 2023, followed by Germany ($1.071 billion), Italy ($664 million), Belgium ($640 million), Japan ($463 million), and China ($278 million), according to Brazil’s Ministry of Agriculture and Livestock.
Source: Farol da Bahia
Original reporting available at: https://www.faroldabahia.com.br/noticia/exportacoes-de-cafe-brasileiro-para-china-crescem-275-em-2023-impulsionadas-por-aumento-no-consumo-jovem
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