Droughts and frosts affected the productivity of coffee plantations in the region of the largest coffee cooperative in Brazil, Cooxupé. According to the entity’s president, logistical issues could also hamper shipments in 2023.
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The Arab countries stood out among the Brazilian products’ buyers, purchasing 121,700 60-kg bags of the product in January.
Year-to-date through July, Brazil shipped over 990,000 bags to the region, up 48% year-on-year. Total exports were the highest in five years.
Forecast is a crop of 51 million bags according to CONAB. Reduction is due to the two-year period for coffee farming.
Brazil shipped out over 1 million bags to the Arab market from January to September. Until August, exports had been declining.