Brazilian coffee exports to total 41 million bags in 2022/23
Dec, 28, 2022 Posted by Gabriel MalheirosWeek 202252
Brazilian exports of Arabica coffee should reach between 35 million and 37 million in the 2022/23 harvest (July 2022 to June 2023). Conilon (robusta) shipments should reach between 2 million and 4 million bags. Thus, total exports from the country in 2022/23 could be between 37 million and 41 million, informs the company Hedgepoint Global Market in a report.
See below the top 10 destinations for Brazilian coffee exports in the first ten months of 2022, according to DataLiner.
Top 10 destinations – coffee | Jan 2022 – Oct 2022 | WTMT
Source: DataLiner (click here to request a demo)
The company’s analysis considers that the availability of arabica from Brazil has increased, taking into account that in the 2022/23 export calendar, from July to November, so far, Brazil has shipped around 13.9 million bags of arabica, an increase of 12.24% when compared to the previous cycle.
According to Hedgepoint, this increase is driven by less domestic consumption of arabica beans. This role was since then occupied by the robusta variety, with only 636 thousand bags shipped in the same period (62% drop compared to 2021/22).
Source: Canal Rural
To read the full original article, please go to: https://www.canalrural.com.br/radar/cafe-exportacao-brasileira-deve-atingir-ate-41-mi-de-sacas-em-2022-23/
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