Brazil’s Cooxupe sees lower coffee shipments in the first half of 2023

Brazilian co-op Cooxupe expects coffee exports in the country to decline in the first half of 2023, following a lower-than-expected harvest in 2022, said its president Carlos Augusto Rodrigues de Melo.

See below the track record of the volume of coffee (HS 0900, HS 0901) exported by Brazil from January 2021 to July 2022. The data is from DataLiner.

Brazilian exports of Coffee | Jan 2021 – Jul 2022 | WTMT

Source: DataLiner (click here to request a demo)

For this year’s shipments target of 6.8 million 60-kilo bag – a volume that considers total sales, but mainly exports -, the cooperative does not expect to make major changes in the projection, he added.

Source: Nasdaq

To read the full original article, please go to: https://www.nasdaq.com/articles/brazils-cooxupe-sees-lower-coffee-shipments-in-the-first-half-of-2023-president

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