Coffee/Abics: Soluble coffee exports decreased 4.7% from January to April, to 1.222 million bags in Brazil

Published 2022년 5월 13일

Tridge summary

Brazilian exports of soluble coffee have seen a decrease of 4.7% in the first four months of 2022, totaling 1,221,603 bags, primarily due to the war between Russia and Ukraine, which have reduced imports of Brazilian soluble coffee by 66,572 bags. The conflict has significantly impacted the sector, with Russia ceasing imports of Brazilian soluble coffee in April and a substantial decrease in Ukrainian imports. The soluble coffee sector in Brazil is facing challenges such as logistical bottlenecks and high export costs, with the war potentially causing further losses. Despite these challenges, domestic consumption of soluble coffee in Brazil has seen a slight increase of 1.2% in the first four months of 2022.

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

Original content

São Paulo, 05/13/2022 - Brazilian exports of soluble coffee fell by 4.7% in the first four months of 2022, totaling the equivalent of 1,221,603 bags of 60 kg compared to 1,282,454 bags in the same period of the previous year. last year. The survey is from the Brazilian Association of the Soluble Coffee Industry (Abics), released today. According to a report by Abics, "the negative performance reflects the impacts of the war between Russia and Ukraine, whose imports of Brazilian soluble coffee, together, fell by 66,572 bags from January to the end of April". In 2021, these two countries occupied, respectively, the second and seventh positions in the ranking of the main destinations of the product. The director of Institutional Relations at Abics, Aguinaldo Lima, explained in the note that "considering that our total exports fell by 60,851 bags in the four-month period, this drop in performance so far is justified by the amount we stopped exporting to these Eastern European nations ...

Source: Broadcast