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Brazil expects to export 46.3 million bags of coffee in 2023/24 harvest season

Published May 24, 2024

Tridge summary

Brazil's coffee export trade is projected to reach a new peak in the 2023/24 harvest season, compensating for reduced supplies from Vietnam and Indonesia. The Brazilian Coffee Exporters Council (Cecafé) anticipates exports to hit approximately 46.3 million bags, up from 35.6 million bags in the previous season. This surge follows a recovery from two years of poor harvests caused by drought and frost. Cecafé's general manager, Marcos Matos, noted that exports of Café Conilon and Café Robusta are expected to set new records, boosting Brazil's market share. By April, exports had already reached 39.3 million bags, nearing the record 45.6 million bags of the 2020/21 season.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Brazilian website "Forbes" reported that the general manager of the Brazilian Coffee Exporters Council (Cecafé) pointed out that Brazil's coffee export trade is heading for a new peak, filling the space left in the international market by the reduction of coffee supply from countries such as Vietnam and Indonesia. At the International Coffee Seminar held in Santos, S?o Paulo, Eisa Business Director Carlos Alberto Santana (Carlos Alberto Santana) Santana said that Brazil's coffee exports are expected to reach about 46.3 million bags in the 2023/24 harvest season. Cecafé's forecast data also shows that after two low harvest years due to drought and frost, Brazil's coffee sales in the 2023/24 harvest season showed a strong recovery trend compared with the previous harvest season, and the total export volume is expected to increase by more than 10 million bags compared with the previous harvest season (35.6 million bags). Santana said: "We believe that Brazil will set a new export ...
Source: Foodmate
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