From the Newsroom
newsroom@anba.com.br
São Paulo – Coffee exports from Brazil to the Arab countries in January and February 2020 were down 15.2% from the year-ago period. Shipped volume was 246,932 60-kg bags, with revenue down 20% to USD 27.9 million. Despite the results, the share of exports from Brazil taken in by Arab countries remained flat at 4%. The figures were made public this Tuesday (10) by the Brazilian Coffee Exporters Council (Cecafé).
Total exports from Brazil came out to 6.2 million bags, down 12.3%. Revenue slid 10.6% to USD 834.4 million, while average price per bag climbed 1.9% to USD 135.07.
Exports in February
Total coffee exports from Brazil in February alone were also down, by 24.3% year-on-year to 2.7 million bags – including raw, soluble, and ground and roast coffee. Revenue slid 23% to USD 361.4 million, with average price going up 1.8% to USD 133.59.
Cecafé chairman Nelson Carvalhaes said the fact that coffee is a biannual crop was a factor, since…
