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Brazil: Estimated gross revenue of coffee in 2024 totals R$61 billion

Published May 23, 2024

Tridge summary

The article forecasts a significant increase in the gross revenue for Cafés do Brasil in the coffee year 2024, reaching R$ 60.99 billion, which is a 23.8% increase compared to the previous year. This revenue is attributed to both Coffea arabica and Coffea canephora species, with arabica making up 71.7% and robusta+conilon 28.3% of the total. Specifically, arabica is projected to grow by 16.6% to R$ 43.75 billion, and robusta+conilon is expected to see a substantial increase of 47% to R$ 17.23 billion. These projections are based on the Gross Production Value – VBP April 2024 report from the Secretariat of Agricultural Policy – SPA, within the Ministry of Agriculture, Livestock – Map, and are detailed on the Café Observatory website.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The estimated total gross revenue for Cafés do Brasil, considering the sum of the expected revenue for the two species of coffee (Coffea arabica and Coffea canephora), specifically for the current coffee year 2024, was calculated in a general total of R$ 60.99 billion, an amount that, if confirmed throughout the year, will represent a significant increase of 23.8% in relation to revenue from the same previous period, which totaled R$49.24 billion. In relation to the species of C. arabica (Arabica coffee), the forecast is that such revenue will total R$ 43.75 billion, a value that will correspond to 71.7% of the general total mentioned, and, additionally, as the gross revenue of C. canephora (robusta+conilon) was estimated at R$ 17.23 billion, this figure will be equivalent to 28.3% of the same total predicted for 2024. If a comparison is made of the estimated revenue for this coffee year with that actually calculated in 2023, it can be seen that the species of C. arabica, whose ...
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