SÃO PAULO, Brazil – Brazilian coffee exports to the Arab countries declined 16% from January to August of this year over the same period of last year, according to data released this Wednesday (13) by the Brazilian Coffee Exporters Council (Cecafé).
Brazil shipped 752,700 60-kg bags to Arabs in the first eight months of the year, against 900,300 bags in the same period in 2015.
In revenues, the drop in exports to the Arab market was even sharper at 24%. That was because the price of the coffee sold to the region this year was lower than in the same period of last year.
Brazil earned USD 102.2 million with coffee sales to Arabs until August 2016 against USD 135.3 million in the same months of 2015.
Overall, international sales of Brazilian coffee were down 11% in volume in the first eight months of this year in comparison to the same period of 2015 and 23.8% in revenues. The average price of the bag declined 14.3% in the same comparison.
Revenues generated by the product in global trade totaled USD 3.1 billion, with 20.9 million bags sold at the price of USD 149.36.
August also registered a decline in coffee exports. External sales dropped 7.4% in volume to 2.6 million bags, and 6.9% in revenues to USD 430.4 million. But Cecafé highlights the increase of 37% over July in volume.
“After a period between crops, we will certainly have a gradual and sustainable growth moving on, since the Brazilian coffee, considered one of the most qualified in the world, still has a growing and needed demand”, said Cecafé’s president Nelson Carvalhaes in a statement.
