Home »Agriculture and Allied » World » Brazil October green coffee exports fall 20 percent on year

  • News Desk
  • Nov 9th, 2005
  • Comments Off on Brazil October green coffee exports fall 20 percent on year
Brazil exported 1.87 million 60-kg bags of green coffee in October, down 20 percent from the 2.34 million bags shipped a year ago, the Council of Green Coffee Exporters of Brazil (Cecile) said on Monday.

Shipments included 1.77 million bags of arabicas, down 22.8 percent from the 2.29 million bags exported a year ago, while 104,724 bags of robustness were exported, double the 52,274 bags last year.

"Brazil's harvest was lower than expected," Cecile Director General Guilherme Bragger said in a statement, adding that Brazils were gaining greater market share.

Brazil's 2005/06 (July/June) crop is officially estimated at 33.3 million 60-kg bags, down 15 percent from the previous crop of 39.3 million bags.

October shipments were in line with trade forecasts. Exports of soluble coffee rose 22 percent to 273,365 bags while total coffee exports were down 16.4 percent at 2.14 million bags compared with a year.

Coffee export earnings rose 22.6 percent to $246.0 million in October reflecting higher prices this year.

In the first 10 months of 2005, green coffee exports rose 1.2 percent in volume to 18.67 million bags and in value by 50.9 percent to $2.38 billion from the same period last year.

Exports to Japan rose 24 percent during the first 10 months of 2005, while sales to Sweden were up 15.4 percent and to Italy by 13.5 percent.

Copyright Reuters, 2005


the author

Top
Close
Close