Brazil: Reopening boosts cachaça exports

Published 2022년 1월 20일

Tridge summary

Cachaça exports from Brazil and Minas Gerais saw significant growth in 2021, with a 29.52% increase in Brazil and a 9.42% increase in Minas Gerais compared to the previous year, despite accounting for only over 1% of national production. This growth was largely due to the control of the Covid-19 pandemic, which allowed for the reopening of bars and restaurants, the main sales channels for cachaça. In 2021, Brazilian cachaça was exported to 67 countries, with the United States, Germany, and Paraguay being the main importers. The Brazilian Cachaça Institute (Ibrac) plans to invest in training micro and small companies to export and participate in international fairs to further expand cachaça exports.

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

Original content

Cachaça exports from the country and Minas Gerais grew again in 2021. With greater control of the Covid-19 pandemic, which allowed the reopening of bars and restaurants around the world, shipments, in volume, grew 29.52% in Brazil and 9.42% in Minas compared to 2020. In relation to 2019, volumes are still a little lower, but recovery and resumption of growth compared to 2019 this year is expected. Despite the rise, the volume of cachaça exported is small, accounting for just over 1% of national production. The Brazilian Cachaça Institute (Ibrac), together with other entities in the sector, expects, for this year, the resumption of international fairs and the carrying out of actions that promote cachaça exports, such as business roundtables. Together, another initiative that can stimulate the expansion of shipments is the training of entrepreneurs in the sector. According to the executive director of Ibrac, Carlos Lima, after a year of 2020 with very negative results, 2021 was ...

Source: Diariodocomercio