Despite record-high exports from Brazil last year, the Arab bloc’s imports of the product were down 40%. However, the market expects global consumption to go up by 3% a year.
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Sales to those countries were up 12.9% year-to-date through November. Overall, 39.8 million bags of coffee got shipped from Brazil, the biggest amount on record, according to the Brazilian Coffee Exporters Council (Cecafé).
The first half of the year saw 564,000 60-kg bags of the product shipped to the region. Revenue, however, was down 11.6% to USD 86 million.
