São Paulo – July in Brazil saw the second-highest coffee export volume on record, despite the Covid-19 pandemic, at 3 million bags of green, instant, and roast-and-ground coffee shipped abroad.
Export revenues came out to USD 356.8 million, or BRL 1.9 billion at current exchange rates, up 22.3% in reais from July 2019. Prices averaged USD 117.4 per bag shipped. The numbers are from the Brazilian Coffee Exporters Council (Cecafé).
Arabica coffee accounted for 74.4% of exports, with Robusta answering to 14.7%, and instant coffee making up 10.9% of foreign sales.
“Export volumes in July show that the industry is off to a good start this year, with Brazilian coffee seeing good market penetration and good results in Brazilian real. In spite of the pandemic crisis, the results indicate that the industry will consolidate in the months ahead with quality and sustainability, and most of all by taking the necessary steps required by private protocols, from harvesting to storage and transportation, to reach consumers in safety. We are informed by producing states that harvesting is taking place at a very good pace, both in terms of volume and quality, and this means we should see a good yearlong performance,” a press release quoted Cecafé chairman Nelson Carvalhaes as saying.
Year-to-date through July, 22.9 million bags of coffee were shipped from Brazil, another second-to-best result on record.
Year-to-date revenues came out to USD 3 billion (BRL 14.7 billion), up 29% year-on-year, with the price per bag averaging USD 128.9, up 3.2%.
The biggest destinations for Brazilian coffee through July 2020 were the United States, Italy, Belgium, Japan, Russia and Turkey. As for continents and economic blocs, sales climbed 21.1% to South America, 49.8% to Africa, 94.8% to Central America and 24.5% to the BRICS.
Arab countries imported 978,300 bags of coffee from Brazil from January to July, with revenue amounting to USD 104.8 million, down 1.6% year-over-year.
Translated by Gabriel Pomerancblum
