Brief (coffeeyo.com): Xinhua Finance, Sao Paulo, September 10 — Data from the Brazil Coffee Exporters Council (Cecafé) show Brazil exported 4.155 million bags of coffee in August, both volume and value hitting record highs for the period, as new-crop supplies lifted exports after a tight first half. Conilon/robusta exports surged 53.6% year-on-year.
Source: Xinhua Finance.
Xinhua Finance, Sao Paulo, September 10 (Reporter Yang Jiahe) — Data released by the Brazil Coffee Exporters Council (Cecafé) on the 10th show that Brazil exported 4.155 million bags of coffee in August (60 kg per bag), up 31% year-on-year and the highest level for the same period on record; export value reached US$1.331 billion, up 19.8% year-on-year, also a record high for the month of August in previous years.
The data show that as new-crop coffee supply increased, Brazil’s coffee exports rebounded markedly after the tight supply in the first half of this year. However, the average export price in August fell 8.6% year-on-year, leaving the growth in export value below the growth in export volume.
By variety, conilon coffee (including conilon and robusta) became an important factor driving export growth. In August, exports of this category reached 953,600 bags, up 53.6% year-on-year, a record high for the same period. Arabica exports were 2.866 million bags, up 25.7%; soluble coffee exports were 332,200 bags, up 24.3%.
Cecafé chairman Marcio Ferreira said that rainfall during this year’s harvest season, especially in July, delayed the entry of the new Arabica crop into the market, with related supply not rising noticeably until August. At the same time, the relatively low output of the previous crop also made the year-on-year export growth in August more pronounced.
Despite the strong rebound in August, Brazil’s coffee exports so far this year remain below the same period last year overall. From January to August, Brazil exported 25.073 million bags of coffee to 119 countries, down 1.2% year-on-year; export value was US$8.787 billion, down 9.3% year-on-year, versus US$9.686 billion in the same period last year. Cecafé believes that the low coffee supply in the first half and the delayed launch of the new crop are the main reasons for the cumulative export decline.
By export market, the United States remains Brazil’s largest coffee buyer. In the first eight months, the U.S. imported 3.158 million bags of Brazilian coffee, accounting for 12.6% of Brazil’s total coffee exports, but down 21.6% year-on-year. Germany ranked second with 2.824 million bags, followed by Italy, Belgium, and Japan.
Notably, export trends of different varieties diverged markedly. In the first eight months, Arabica exports were 17.863 million bags, down 11.8% year-on-year, accounting for 71.2% of Brazil’s total coffee exports; conilon and robusta exports were 4.339 million bags, up 68.6% year-on-year, with their share rising to 17.3%.
Ferreira also said that insufficient infrastructure at Brazil’s major ports still constrains coffee exports, with loading delays causing exporters to bear costs such as cargo rescheduling and extra storage.
Source: Xinhua Finance (reporter Yang Jiahe; editor Wang Chunxia).
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