The price of Brazilian coffee beans and how to import Brazilian coffee beans

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Brazilian coffee bean prices Brazil supplies one-third of the world's coffee demand, but Brazil's coffee harvest in 2014 was the worst in three years, with coffee prices rising further, rising above $2 per pound and large coffee chains such as Starbucks, which soon followed suit to raise the price of coffee drinks.

The two major varieties of coffee, the most popular in the market is Arabica coffee beans, which are produced in Latin American countries, including Brazil and Colombia, and coffee futures on the New York ICE Exchange in the United States are traded on Arabica beans from 19 countries.

Robusta is the second largest variety of coffee in the world, accounting for about 20% of the world coffee production. It has a strong sour taste and is mainly grown in some tropical countries such as Indonesia, mostly for instant coffee.

Colombia is the third largest coffee producer in the world and the second largest producer of Arabica coffee beans in the world. Although it has accelerated production to meet the global demand for coffee, Colombia's coffee production is only about one-fourth of that of Brazil. Even if production increases, it can only temporarily ease the shortage of coffee supply.

Coffee farmers in coffee-producing countries make money only if coffee beans sell for at least one dollar per pound. If the price of coffee beans falls below one dollar, the income of coffee-producing countries may be affected, and production needs to be adjusted to support coffee prices. The price of coffee is affected by harvest and supply and demand, while climate and coffee diseases are the main factors affecting the harvest.

The market is worried about insufficient rainfall in the planting area.

Brazil supplies the world's largest coffee production, with the annual harvest period from April to August, and investors worry that if rainfall in Brazil's coffee-growing areas continues to be low, coffee bean prices could return to a high of $2 a pound.

The price of Arabica coffee beans rose 3.2 per cent to $1.6455 a pound on Friday. Commodity investment managers are bullish on the coffee market in 2015 and expect coffee prices to rise by 40% to 50%. Coffee futures prices can easily rise to a high of $3 per pound, and coffee futures rose by more than $3 per pound in May 2011.

As coffee production falls short of demand, prices naturally rise, and coffee traders and consumers have to endure expensive coffee. Sales fell immediately after J.M.Smucker raised the price of its Folgers coffee brand.

Coffee roaster and trader Socafe said he was concerned about the Brazilian coffee harvest in May and June, fearing that coffee prices would rise further.

How to import Brazilian coffee beans

The tariff on raw coffee beans is 8%, value-added tax is 17%, regulatory conditions: AB. That is, the duty on the fried coffee is 15%, and the VAT is 17%. It also needs commodity inspection. The duty on coffee powder is 30% and VAT is 17%. Let's see which one is imported. The procedures are all the same, but the ones who are born need to be examined by animals and plants.

Coffee bean import can choose Hong Kong transit, express customs declaration import!

The goods shall be declared by express: submit express declaration forms (KJ1, KJ2, KJ3) to the customs and clear the customs.

Its characteristics are as follows:

1, the procedure is simple: according to the national express regulatory regulations, express customs declaration can reduce the import procedures, most of the goods do not need to provide any documents, can still be imported.

2. Special speed: normal delivery in two to three days.

3. The total cost is low: including tax and fee, priced by kg. According to the national regulations on the supervision and control of express delivery, the import of express declaration can be exempted from taxes and fees.

4, a wide range of adaptation: express customs declaration is generally based on emergency goods, small bulk cargo, or goods when the customs supervision conditions of trade declaration are relatively strict and the procedures are complex and difficult. However, in practice, bulk goods can also be imported in batches by express delivery.