Coffee

Brazil’s total coffee exports grow by 24.6% in April, year-on-year

May, 10, 2019 Posted by datamarnews

Week 201920

The world’s largest coffee producer, Brazil, exported a total of 2.97m 60 kg bags of coffee in April 2019, according to Cecafé, Brazil’s Coffee Exporters Council, up 24.6% year-on-year. Green coffee shipments reached 2.71m bags in that month, up 30% year-on-year, with arabica coffee accounting for 2.52m bags and Robusta coffee accounting for 197,122 bags.

“The performance of Brazilian coffee exports remains strong, maintaining good results in April.” the president of Cecafé, Nelson Carvalhaes said.

However, with a well-stocked market, the price of coffee fell by 19.1% in April year-on-year, to US$124.47 per bag. Thus, revenue earned from coffee exports in April showed little improvements, up 0.8% to US$370.43m.

Arabica coffee accounted for 84.7% of the total coffee shipments last month with a growth of 24.3% in volumes exported compared to last April. Instant coffee contributed 8.7% of the shipments and robusta for 6.6%.

Coffee exports reached 13m bags for the first four months of the year, up 26.8% year-on-year, while revenue rose by 3.5% to US$1.7bn for the same period.

The United States was the top destination of Brazilian coffee in the first four months of 2019, at 2.4m bags, followed by Germany and Italy with 2.2m and 1.3m bags respectively.

Brazil’s coffee exports for the 2018/19 crop year (July 2018 to April 2019) are currently 34m bags, up 30.4% when compared to the same period last year when the country had shipped 26.1m bags. The results for the season so far indicate that Brazil will achieve record exports in the 2018/19 crop year.

The following DataLiner graph shows Brazil’s month-by-month coffee exports analysis from 2006 to March 2019:

 

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