Coffee shipments down 26.5% YoY in September due to logistical bottlenecks

Brazilian coffee exports totaled 3.111 million 60-kilogram bags last month – the third month for the 2021/22 crop year – a volume 26.5% lower than in September 2020, informed the Council of Coffee Exporters of Brazil ( Cecafé). Revenue from shipments, in turn, had a small increase of 0.5%, reaching US$ 518.2 million.

The increase in sales reflects the appreciation of the grain on the international market. The average price of the bag reached US$ 166.52 last month, an increase of 36.7% compared to the quotation in September of last year.

In the first three months of the 2021/22 crop year (July to September), exports totaled 8.8 million bags, or 20.2% less than in the same period last year. Invoicing grew by 3.3%, totaling US$ 1.3 billion — the best performance for this range in the last five seasons, according to Cecafé.

According to the organization, in the accumulated result for the year, exports totaled 29.8 million bags up to September and revenue, US$ 4.2 billion. Compared to the same period in 2020, volume dropped 4.1%, while revenue increased 6%.

Monthly evolution of Brazilian coffee exports (last 12 months)

Source: Cecafé

Logistical barriers, which had already affected shipments in previous months, continued to weigh on the performance of exports in September. “There are no changes in the scenario. We continue with intense disputes for containers and space on the ships, and we are still faced with successive cancellations of bookings, cargo rollovers and extremely costly freight”, says Nicolas Rueda, president of Cecafé.

He reinforces that logistical barriers are a structural problem, which is not restricted to coffee production or the country. “These bottlenecks impact the export sector around the world, especially commodities, and continue to challenge the plans of exporters and importers.”

In a statement, Rueda also says that Brazil has been doing its homework to honor its commitments in the world coffee trade. All segments of the production chain are making efforts “above average”, says the leader, and are attentive to all the challenges of global trade.

“We are known to have a smaller crop going on, but there is coffee available from the historic previous harvest,” he says. Thus, adds Rueda, “Brazil has the product to carry out its business”.

Source: Valor Econômico

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