Brazil's instant coffee exports grow 3.3% in the first half of 2024

Published 2024년 8월 8일

Tridge summary

In the first half of 2024, Brazil's soluble coffee exports increased by 3.3% to 1.91 million 60-kg bags, generating US$ 402.94 million, a 13.8% rise from the previous year. Spray-dried coffee dominated exports at 71.2%, followed by freeze-dried coffee at 23.4%. The main export markets were the United States, Indonesia, Russia, Argentina, and the Netherlands. Domestic consumption of instant coffee grew by 1.2% to 525.8 thousand bags, accounting for 36% of total trade, with 64% exported. The Brazilian Instant Coffee Report notes a 4.4% annual growth in the domestic market since 2016.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the first half of 2024, Brazil exported the equivalent of 1.91 million 60-kg bags of soluble coffee, marking a growth of 3.3% compared to the same period of the previous year. This volume generated foreign exchange revenue of US$ 402.94 million, a significant increase of 13.8% compared to the US$ 354.11 million obtained in the first half of 2023, and an increase of 23.9% compared to the US$ 325.16 million recorded in the first half of 2022. Spray-dried soluble coffee accounted for 71.2% of exports, while freeze-dried coffee accounted for 23.4%. Other prepared coffees and extracts contributed 4.1% and 1.3%, respectively, to the total exported. The main types of soluble coffee, spray-dried and freeze-dried, make up 94.6% of Brazil's external sales. Spray-dried coffee, produced through high temperatures and pressure followed by spraying, transforms the extract into powder by losing moisture. Freeze-dried coffee, known for its lyophilization, undergoes freezing at -40°C, grinding, ...

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