São Paulo – Coffee exports from Brazil grossed US$ 552.3 million in March, up 24.1% from March 2014. Over 3 million 60-kilogram bags were shipped abroad, up 9.3% year-on-year in March. According to information released this Wednesday (8th) by the Brazilian Coffee Exporters Council (Cecafé), the volume shipped was an all-time high for the month.
In all of the first quarter, exports fetched US$ 1.695 billion, up 36.4% from Q1 2014. Over 8.8 million bags were exported, up 4.1% from March of last year.
The price of coffee went up by 13.4% year-on-year in March. Average Q1 price was up 31% from Q1 2014.
Markets
The Arab countries imported US$ 53.4 million worth of coffee from Brazil in Q1, up 3.3% from Q1 2014. The volume shipped to the region, however, was down 16% to 355,000 bags.
The leading destination was Europe, followed by North America, Asia and South America. The leading buyer countries were the United States, Germany, Italy and Belgium.
Arabica-type coffee accounted for 80.6% of coffee exports from Brazil in Q1, followed by Robusta at 10.6%, soluble coffee at 8.7%, and roast and ground coffee at only 0.1%.
*Translated by Gabriel Pomerancblum
