Brazil, the world’s largest coffee producer and exporter, exported 3147222 bags of 60 kg of coffee in January. 9.4% less compared to the same month last year (3,474,252), the Council of Coffee Exporters (Cecafé) said Tuesday.
Brazil comes from setting a record for coffee exports in 2020. According to the report issued in Sao Paulo, the value of trading in the Brazilian real (the Brazilian currency) increased by 10.2 percent compared to January 2020 due to the depreciation of the real against the dollar.
“We have had good results in January, with an increase in the real billing,” said Nicolas Rueda, president of Cecafé.
The Leader stressed that if the harvest period between July 2020 to January 2021 is taken into account, The first month of the year saw an increase of 17.2 percent over the same period of the previous harvest.
According to the report, Overseas sales in January were less than 4,388,120 bags weighing 60 kg that were shipped last December. The main destination markets for Brazilian coffee were the United States, Germany, Belgium, Italy, Japan, Colombia, Russia, Turkey, France and Canada.
Estimates are not encouraging. According to this year, there will be a yield of between 43.8 million and 49.5 million bags (60 kilograms each) of beans, with a decrease of between 30.5% and 21.4% compared to 2020. ‘The negative semi-annual cycle and weather problems indicate this reduced national coffee production Technicians from the National Supply Company (Konab) said.
