An increase of 53% over the same period! Brazil's coffee exports remain strong in April
Recently, the Brazilian Coffee Exporters Chamber of Commerce Cecafe announced Brazil's export status in April. In April this year, Brazil exported 4.222 million bags of 60 kilograms of coffee, a strong performance, setting a record for this month. Exports increased by 53.3% compared with the same period last year, exceeding the performance in April 2021.
In addition, due to strong exports, foreign exchange earnings were the highest in history, reaching US$935.3 million, a 52.6% increase compared with the same period last year.
According to the first four data of this year, Brazil's coffee exports also hit a record high, totaling 16.242 million bags, and foreign exchange earnings reached US$3.444 billion, 45.6% higher than the export volume in the first four months of 2023. Revenue also increased by 42.2%, and broke the highest record of US$3.206 billion in the first four months of 2022.
Among the coffee exports from January to April this year, Arabica coffee remained the largest exporter, with 12.469 million bags, accounting for 76.77% of the total. The export volume of the Robusta variety was 2.55 million bags, an increase of 528% compared with the same period in 2023.
This year's high income and exports are due to the tight global coffee supply in mid-to-late April, Vietnam's production cuts, coupled with the Red Sea crisis, which extended logistics time and costs between Eurasian routes.
As a result, the market demand for Brazilian coffee has increased significantly. It also pushed up the market coffee price. Coffee futures prices in both Arabica and Robusta rose wildly, which also drove up local spot prices. The increase in Robusta coffee exports is due to the low supply of Robusta coffee in Indonesia and Vietnam, and Brazil's coffee production fills this part of the market.
In addition, Mexico has recently increased its imports of Brazilian coffee. From January to April this year, Mexico imported a total of 300,000 bags of Brazilian coffee, an increase of 877% over the same period last year.
However, Brazil's export problems are still serious. In April this year, 95 coffee export ships (80% of the total) were delayed in registering at the main port of Santos, with a delay rate of 80%. In addition to the Port of Santos, other ports also have delay problems, but the impact is less.
In response, Cecafe's technical director said that Brazilian exporters have been facing serious logistics challenges, with high ship delays and insufficient space, resulting in inefficiencies, especially in the Port of Santos, which can add high and unplanned costs.
In addition, recent weather reports say that a strong cold air is beginning to enter Brazil from the south, and frost may occur in the southern region. Earlier, due to the influence of El Niño weather, high temperatures occurred in central Brazil, and cold air encountered high temperatures when entering Brazil in the south, making the sky above Rio Grande do Sul unstable, causing heavy rains and floods.
However, as El Niño weakens, central Brazil will cool down in June. However, with the arrival of cold air and La Niña phenomenon, frost may occur, which may lead to a reduction in coffee production in Brazil. Therefore, farmers are reminded to take precautions.
Important Notice :
前街咖啡 FrontStreet Coffee has moved to new addredd:
FrontStreet Coffee Address: 315,Donghua East Road,GuangZhou
Tel:020 38364473
- Prev
Introduction of varieties in the Congo (DRC) coffee producing area in central African countries
African coffee has a very high reputation in the global coffee market because Africa has many coffee-producing countries, and the African country Ethiopia is recognized as the birthplace. There are also many coffee-producing countries that cannot be underestimated, such as Congo (DRC), the birthplace of the Robusta variety. Congo Democratic Republic of the Congo (
- Next
How to make Starbucks Ice Shock Espresso? Introduction to the practice of fancy iced coffee
Every summer, fancy iced coffee becomes a must-have topic. While surfing on Qianjie, I found that there is a fancy iced coffee with a high value that often appears on the replica list of friends. It is called "Ice Shock Concentrate" and comes from the familiar coffee brand Starbucks. Unlike previous fancy iced coffees, Starbucks ice
Related
- Being chased out of the rain in front of Starbucks?! Store: Sheltering from rain under umbrellas poses a safety hazard
- The white moonlight has changed?! Lucky launches "Big Winter Pear American"
- Hand-brewed coffee three-stage method, high-sweet and universal brewing method to share! What does the high sweet water level of hand-brewed coffee mean?
- What is the difference between raw, refined and full espresso coffee? How to extract espresso and taste good?
- A complete list of coffee bean names and their meanings! What is Yejia Shefi coffee? Where is Mantelin coffee?
- What grade does Arida Manor Kaduai coffee beans belong to? What treatment is Arida ASD slow anaerobic sun exposure?
- The milk tea cup becomes smaller?! Overlord Tea Girl launches a new "Return to Yunnan" series
- Accused of selling counterfeit and high-priced coffee beans! Well-known boutique coffee brand "Oukelao" bowed and apologized!
- How to make espresso dumplings? Can I eat coffee and glutinous rice balls together?
- Save the unformed and stagnant powder cakes in one second! What is the problem with stagnant water in the powder bowl of the espresso machine?