Affected by multiple factors, El Salvador’s coffee bean exports dropped significantly this season

게시됨 2024년 3월 11일

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El Salvador has seen a significant drop in its coffee bean export volume and value in the first four months of the 2023/24 coffee harvest season, according to the El Salvador Coffee Institute. The country exported 44,900 tons of coffee beans, marking a 46.9% decrease from the same period in the previous season, and the export value was US$9.8 million, a 50.2% decrease. The United States remains the largest buyer, accounting for 47% of total exports. The decline is attributed to a reduction in production, with factors such as climate change, low coffee futures prices, and labor shortages impacting the industry.

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원본 콘텐츠

The latest report released by the El Salvador Coffee Institute (ISC) shows that in the first four months of the 2023/24 coffee harvest season, that is, from October 2023 to January 2024, El Salvador’s coffee bean export volume and export value showed a sharp decline. Coffee bean export volume and price drop El Salvador's "Picture News" reported on March 5 that the report showed that in the first four months of the 2023/24 coffee harvest season, El Salvador's coffee growers exported a total of 44,900 tons of coffee beans, a 46.9% decrease from the same period in the 2022/23 coffee harvest season; The export value of coffee beans was US$9.8 million, a decrease of 50.2% compared with the same period of the previous season; the average export price of coffee beans per quintal was US$218.89, a decrease of 6.2% compared with the same period of the previous season. It is worth mentioning that in January this year, El Salvador’s coffee bean exports were only US$668,300, a ...

출처: Foodmate