Brazilian coffee exports summary
Brazilian coffee export revenues reached a high and fetched good prices in domestic and foreign markets, according to the monthly Cecafe August report available in full here.
Revenues from Brazilian shipments reached an all-time high of US$5.904 billion (YTD) in August, up 61.4% from US$3.659 billion in the first eight months of 2021.
However, volumes have fallen by 5.3% over the same period, from 26.7 million coffee bags to the current 25.3 million coffee bags at the end of last month. Brazil exported significantly fewer coffee bags in August than in the same month in 2021, down 2.5%, but foreign exchange earnings were 49.5% higher than in 2021.
In the first two months of the crop year, Brazil shipped 5.278 million bags of coffee, down 8.1% in volume but up 46.3% in revenue.
Key Points
- Brazil’s coffee exports reached USD 5.9 bi in revenue by August Revenue registered an all-time high for the period. Volume, however, recorded a 5.3% drop in the same period.
- Brazil exported 2.762 million coffee bags in August, a 2.5% drop compared to the same month in 2021. The country recorded a foreign exchange revenue of USD 655.3 million, a 49.5% growth compared to August 2021
- Brazil shipped 5.278 million coffee bags to international partners and recorded income of USD 1.250 billion.
- Cecafé’ president, Günter Häusler, says the scenario reflects the market trend observed throughout the past months.
- The average Brazilian coffee export price was USD 233.58 per coffee bag between January and the end of August 2022.
The record foreign exchange revenue is a result of good prices, practiced both in the domestic and external markets and a favorable foreign exchange rate
Günter Häusler, Cecafé’ president
Top Destinations
- The United States topped the export rankings to rankings from January to the end of August, importing 5.283 million coffee bags.
- Germany, with a 17.9% share, imported 4.533 million coffee bags.
- Next come Belgium, with 2.110 million coffee bags (+14.2%), Italy, with 2.020 million (+10.5%) and Japan, with 1.130 million coffee bags (-28.1%).
- Only Germany and Japan recorded a drop in volume compared to 2021. Colombia, which ranked sixth, increased to 20% of purchases.
Types of Coffee
- Arabica coffee remains the most exported coffee in 2022.
- 21.707 million Arabica coffee bags shipped abroad, corresponding to 85.9% of the total.
- Soluble coffee, on the other hand, shipped the equivalent of 2.505 million coffee bags, accounting for 9.9%.
- Next came the Coffea Canephora variety (Robusta + Conilon), with 1.033 million coffee bags (4.1%), and roasted and ground coffee, with 30,268 coffee bags (0.1%).
Differentiated Coffees
- Top-quality coffees or those with some type of sustainable practices certificate accounted for 18% of total Brazilian coffee exports from January to August 2022.
- The average price was USD 284.54 per bag, providing a foreign exchange revenue of USD 1.292 billion in eight months. Compared to the same period last year, it represents a 64.3% increase.
Ports
- Santos (SP) is the main exporter of Brazilian coffee in the calendar year, shipping 82.1% of total coffee
- Rio de Janeiro, which accounted for 13.2% of shipments, shipped 3.341 million coffee bags
- Paranaguá (PR) came in third with 240,290 bags shipped or about 1.0%
Source: CECAFE Monthly Export Report
