Brazil: Instant coffee exports reach 2.96 million bags; domestic consumption totals 823 thousand in 2024

Published Oct 21, 2024

Tridge summary

From January to September 2024, Brazil experienced a 6.8% increase in soluble coffee exports, reaching 2.962 million 60 kg bags, and generating a 23.2% increase in revenue, totaling US$ 657.4 million. The growth is primarily due to investments in quality and technological innovations by national industries. The United States continues to be the main importer, followed by Russia, Indonesia, and Mexico. Domestically, Brazil's soluble coffee consumption grew by 2.4%, largely due to a 98.2% increase in freeze-dried soluble coffee and despite a 3.5% drop in spray-dried coffee.

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

Original content

According to data updated by the Brazilian Association of the Soluble Coffee Industry (Abics), Brazil exported 2.962 million 60 kg bags of soluble coffee between January and September 2024, registering a growth of 6.8% compared to the 2.774 million bags exported in the same period of the previous year. The foreign exchange revenue generated by exports totaled US$ 657.4 million, reflecting an increase of 23.2% compared to the previous year. Aguinaldo Lima, Director of Institutional Relations at Abics, states that this positive performance “suggests that soluble coffee could reach a record foreign exchange for Brazil in 2024”. He attributes this continued growth to the investment in quality and technological innovations by national industries, all associated with Abics, which have proven themselves capable of meeting the most stringent requirements of socio-environmental governance and sustainability. “In line with ESG criteria, Brazilian soluble coffee is prepared to expand its ...

Source: Portal Do Agronegocio