Brazil exports 3.8 million bags of coffee and shipments of canephoras grow 82%

Published 2024년 8월 14일

Tridge summary

In July 2024, Brazilian coffee exports surged by 25.7% compared to July 2023, reaching 3.774 million bags and generating $932.5 million in revenue, a 47.9% increase. Significant growth was observed in various coffee types, including Canephoras (82.2%), Arabica (13%), instant coffee (26%), and roasted and ground coffee (47%). From January to July 2024, Brazil exported a record 28.146 million bags, earning $6.277 billion, a 50% rise from the same period in 2023. Despite shipping delays, key export markets included the U.S., Germany, Belgium, Italy, and Japan. Superior quality coffees saw a 66.2% increase, with an average price of $246.00 per bag.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Brazilian coffee exports totaled 3.774 million bags (60 kg) in July, the first month of the 2024/25 harvest, according to a report by Cecafé. This volume is 25.7% higher than the same month in 2023 (3.002 million bags). Foreign exchange revenue was US$ 932.5 million (+ 47.9% for the same comparative period). Canephoras increased 82.2% in the annual comparison and totaled 900,818 bags, the second largest volume for a month in history, behind only the 902,266 bags in November 2023. Arabica grew 13% (2.491 million bags); instant coffee, 26% (376,524 bags) and roasted and roasted and ground coffee, 47% (5,552 bags). In the accumulated period from January to July, 28.146 million bags were exported, a record for the period (+ 46.3%) compared to the first seven months of last year. Foreign exchange inflows reached US$ 6.277 billion between January and July, 50% more than the US$ 4.184 billion in the first seven months of 2023 and 19.5% higher than the US$ 5.252 billion in the same period ...
Source: Cafepoint

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