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Monday 23 December 2024
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Brazil coffee exports edge up slightly (+0.2%) in March reversing a 6-month trend

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MILAN – Coffee exports from Brazil rose slightly in March reversing a negative trend that had lasted since October 2019. Shipments of all forms of coffee totalled 3,122,122 bags, up 0.2% on year, according to data provided on Thursday by the Brazilian Coffee Exporters Council (Cecafé).

Coffee export revenues were up 6.1% in March to $423.72 million, while shipped volume edged up 0.2% to 3.1 million bags. The average price per bag was USD 135.72, up 6%.

Export of green coffee rose by 2.4% to 2.815.454 bags, of which 2.566.940 bags (+0.4%) of Arabica and 248.514 bags (+30.2%) of Robusta.

On the other hand, exports of processed coffee (mostly soluble) were down by 16.8% to 306.668 bags.

Brazil exportsBrazil coffee exports in Q1 were down 5.7% to 9,582,510 bags. Revenue was down 2.6% to $1.3 billion. Average price was up 3.3% to USD 135.48. Green coffee exports fell by 6.4% to 8,642,466. Robusta-type coffee exports surged by almost a quarter (+24.9%) to 691,200 bags, while Arabica-type shipments were 8.4% lower at 7,951,219 bags.

United States, Germany and Italy were the leading destinations for coffee from Brazil during Q1. As for continents and blocks, exports to Africa soared 44.5% to 205,000 bags shipped.

‘Export results were really good in March, since shipped volume was on par with March 2019 despite the limitations posed by the crisis and the smaller crop in 2019-2020.

The exporting industry worked hard on preparing the coffee as well as on logistics, offices and ports, complying with every recommendation from the World Health Organization and from federal, state and local government entities, in order to achieve the best result possible,’ Cecafé chairman Nelson Carvalhaes said in the press release.

Carvalhaes said the Brazilian coffee industry is faced with one of its biggest hardships in 300 years, having gone through world wars, the New York Stock Exchange crash and the Cold War in the past century alone.

‘Amid this scenario, the industry reiterates its solidity and maturity, with a cohesive production chain that is able to keep supplying domestic and external clients with sustainable, quality coffee,’ he said.

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