Brazilian coffee exports fell 6% in March

Published Apr 13, 2022

Tridge summary

In March, Brazil's coffee exports experienced a 6% decrease, totaling 3.6 million bags, compared to the same month the previous year, as reported by the Brazilian Coffee Exporters Association (Cecafé). Although there was a slight increase in arabica coffee exports by 0.7%, there was a significant drop in robusta coffee exports by 65%. Additionally, exports of ground, roasted, and instant coffee experienced a 7.8% decrease. The annual decline in Brazilian coffee exports was more substantial in February, standing at 13.6%. Nevertheless, for the first time in nine months, arabica exports saw an increase in March, attributed to the resolution of container shortage and supply chain issues. Furthermore, the price of arabica coffee saw a slight decrease to $2.37 per pound in the May futures quotation on the Intercontinental Exchange (ICE) in New York.

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

Original content

Brazilian coffee exports fell 6 percent to 3.6 million bags (1 bag = 60 kilograms) in March from the same month last year. Brazilian coffee exports declined on an annual basis in March According to data released by the Brazilian Coffee Exporters Association (Cecafé), 0.7 percent more bags of arabica coffee beans were exported in March, 3.1 million bags, and 65 percent less bags of robaba beans, or 123.4 thousand bags. Exports of ground, roasted and instant coffee fell 7.8 percent to 356,000 bags. The annual decline in Brazilian coffee exports was larger in February at 13.6 percent. Robusta is a lower quality coffee, which is used as a raw material for fast-dissolving coffee powders. Cecafé noted that for the first time in the last nine months, exports of arabica increased for the first time in March this year. Prior to ...

Source: Trademagazin