Global green coffee exports totaled 9.21 million bags in November last year, up 11% from the same month in 2021, the International Coffee Organization (ICO)’s December report released yesterday said.
The growth was driven by shipments of Brazilian coffees (arabica and robusta), but there was a decline in sales from Colombia and other mild coffees.
In the first two months of this 2022/23 coffee year, which began in October, exports have already reached 17.63 million bags, 3.5% more than the volume exported in the same period in 2021/22.
Exports of “Brazilian natural” coffees recovered in November and rose 34.5% to 3.67 million bags, after a weak increase of 0.5% in October, the ICO reported. In the first two months of 2022/23, Brazilian coffee exports totaled 7.11 million bags, up 15.6%.
Robusta coffee exports totaled 3.58 million bags in November 2022, up 12.9% compared to the previous year. The report highlights the “strong turnaround” in Brazilian robusta shipments compared to the 5.5% drop recorded in October 2022.
Global consumption and production projections for the 2021/22 (most recent) period have not been changed by the ICO. Coffee producers are expected to supply a total of 167.1 million bags, and consumption is estimated at 170.2 million bags, with a deficit of 3.1 million bags between production and consumption. Shipments by region
South America increased shipments — considering all forms of coffee, not just green beans — by 4.7% last November compared to the same month in 2021, to 4.96 million bags. Brazil stood out, while Colombia and Peru had the worst performance.
In turn, exports from Asia and Oceania increased by 19%, to 3.78 million bags in November, while African countries increased shipments by 6.8%, to 1.09 million bags in the same month.
From Mexico and Central America, in turn, shipments fell by 7.1%, to 0.41 million bags, according to the December report.
Source: Jornal – Valor Econômico