Brazil Coffee Exports Rose 12% in Year Global Prices SlumpedMario Sergio Lima
Brazil, the world’s biggest coffee grower and exporter, recorded a 12 percent increase in foreign sales of the green bean in 2013, a year in which global prices dropped 23 percent.
Brazil exported 27.8 million bags of green coffee last year, an industry group said. The price plunge represented an almost 20 percent drop in export revenue even with higher volumes, the group known as CeCafe said today in an e-mailed report.
CeCafe estimates that total Brazilian coffee exports -- green and roasted -- will rise to as much as 33 million 60-kilograms bags in 2014 from 31.2 million bags last year.
“Brazil coffee exports are recovering in terms of volume, even if the rain has prevented us from growing further,” the group said in the report. “Brazil is also raising the exports of premium coffee to meet global demand for quality coffee”.
Brazil’s total coffee output is expected to be 46.5 million to 50.2 million bags, according to Conab, the government crop forecasting agency, in a Jan. 9 e-mailed report.