Brazil’s coffee exports exceed expectations and Reached a record revenue in 2024

Published 2024년 12월 11일

Tridge summary

Brazil's coffee exports surpassed US$11.3 billion by November 2024, marking a 22.3% increase from the previous record in 2022 and a 56% rise compared to the same period in 2023. The country also exported 46.4 million bags of coffee, a 32.2% increase from the previous year, with 91.9% being green coffee and the rest being industrialized coffee. Differentiated exports, such as those with superior quality or sustainable practices, accounted for 17.5% of the total. The average price of these bags was US$ 269.41, generating revenue of US$ 2.18 billion, a 57% increase from the same period in 2023, as reported by the Brazilian Coffee Exporters Council (Cecafé).

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By November 2024, Brazil's coffee exports reached a historic milestone, reaching a foreign exchange revenue of US$11.3 billion. This figure represents an increase of 22.3% compared to the previous record, recorded in 2022, which was US$9.24 billion, and a growth of 56% compared to the same period in 2023. In terms of volume, Brazil exported 46.4 million 60kg bags of coffee between January and November 2024, an increase of 32.2% compared to the previous year. This volume also surpassed the record of 2020, when 44.7 million bags were exported. The sector's performance in the last month of the year should boost these numbers even further. In total, 42.66 million bags of green coffee were exported, corresponding to 91.9% of the total exported, with emphasis on the 33.97 million bags of Arabica coffee, representing 79.7% of the green coffee. The remaining 8.67 million bags were Robusta and Conilon coffee, which accounted for 20.3% of the total green coffee exported. Industrialized ...

Source: Portal Do Agronegocio