New York: Brazil’s exports of green coffee in September were down 29% year-on-year to 2.74 million 60 kg bags, Cecafe of the Exporters Association said Wednesday.
Nicolas Rueda, head of Cecafe, said the changes in shipping were due to exporters struggling to get reservations for containers and vessels, as well as facing frequent postponements of loading from shipping companies. Said it wasn’t.
“There is fierce competition among exporters for securing containers and booking loading, and it’s all very expensive,” he added, adding that the situation is testing exporters’ planning capabilities.
He said importers from major consumers, such as the United States, Brazil’s largest coffee customer, are suffering as well and must manage supply chain disruptions.
Brazil’s exports of mild arabica coffee fell 24% to 2.42 million bags, while shipments of the type of Robusta coffee used in the blend and instant coffee industry fell 51% to just 326,045 bags.
In the Brazilian domestic market, there is strong demand for Robusta coffee as robusta increases the use of Robusta coffee in blends as prices of Arabica soar to record highs after the July frost.
Brazil is not only the world’s largest coffee exporter, but also the largest consumer of beverages after the United States.
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Brazil’s coffee exports fell 29% on hurdle shipments in September
Source link Brazil’s coffee exports fell 29% on hurdle shipments in September