MILAN – Brazil ’s coffee exports fell sharply in February reaching their lowest since 2013. According to data released yesterday by the Brazilian Coffee Exporters Council (Cecafé), the country shipped last month 2,395,984 bags 60-kg bags of all forms of coffee, or 33.3% decrease over year.
Cecafé President Marcio Ferreira said in a statement that, despite the recent recovery of arabica coffee prices in New York KCc2, current international rates are lower than in Brazil, leading coffee growers to sell locally or not at all.
Ferreira also noted that international traders are trying to source coffee at destination countries, seeking remaining stocks priced close to New York futures. Export volumes were also affected by a sustained and increasing demand for Robusta coffee in the domestic market.
“It is a situation that is likely to continue until around June or July, when the new (Brazilian) crop arrives to the market,” he said.
In February, green coffee exports were 35.8% lower to 2,110,972 bags, of which 2,027,611 of Arabica (-35.5%) and 83,361 of Robusta (-42.1%). Sales of processed coffee amounted to 285,012 bags (-5.3%).
During the first eight months of the current crop year, Brazil exported 24,621,189 bags of coffee, down 7.7% from the equivalent period of 2021/22.
Green coffee volumes totalled 22,134,134 bags (-7.2%), of which 21,264,974 bags (-2.4%) of Arabica and 869,160 (-57.7%) of Robusta. Processed coffee exports fell 12.1% to 2,487,055 bags.
Jan-Feb exports reached a total of 5,225,992, or 25.4% less than last year. Green coffee shipments were similarly down by 27.6% to 4,620,557.
Arabica and Robusta volumes were down by 27.3% and 34.8%, to 4,461,477 and 159,080 bags respectively.
Exports to the country’s main markets – Usa and Germany –were down by 29.20% and 33.66% respectively.
Shipments to Italy, Belgium and Japan were also down by 35.14%, 59.74% and 28.80%.
