The latest monthly statistical report recently released by the Brazilian Coffee Exporters Council (Cecafé) shows that in July this year (the first month of the 2023/24 harvest season), Brazil exported 2.991 million bags of coffee (60 kg per bag), an increase of 18.7% year-on-year.

The Brazilian website "noticiasagricolas" reported on August 9 that data showed that Brazil's coffee export revenue also increased in July this year, from US$596.9 million in the same period last year to US$627.8 million, an increase of 5.2%. Cecafé Chairman Márcio Ferreira said that exports of Café Canéfora reached 505,153 bags in July, a significant increase of 245.4% compared to July 2022, making it the largest coffee in the category since September 2020. The best monthly results for the variety.

Medium fruit coffee includes Conilon coffee (Café Conilon) and Robusta coffee (Café Robusta). In the first seven months of this year, exports of Chinese fruit coffee totaled 1.262 million bags, an increase of 33.7% compared to the same period in 2022 (944,076 bags).

"Brazilian Conilon and Robusta coffees are experiencing a window of opportunity due to higher offers for similar commodities in the international market, especially in Vietnam and Indonesia," Ferreira noted. In the first seven months of this year, this imports of this type of coffee from Brazil by the two Asian countries increased by 382.9% and 52.1% respectively. In the short term, the positive trend of Brazilian mesofruit coffee will continue at least throughout August.”

On the other hand, although the export volume of fruit coffee in the first seven months of this year has increased significantly, the total export volume and total revenue of all types of coffee in Brazil are lower than the same period last year. This is mainly due to the fact that Brazilian coffee has experienced two low-yield harvests in 2021 and 2022, resulting in a reduction in the supply of this product and a decline in commodity prices in the international market.

According to statistics, from January to July this year, Brazil exported 19.222 million bags of various types of coffee, with a revenue of US$4.177 billion. Compared with the same period last year, these two figures fell by 14.7% and 20.5%, respectively.

In the first seven months of this year, the United States was still the main importer of Brazilian coffee, purchasing 3.433 million bags, a decrease of 26.5% compared with the same period last year. During the same period, Arab countries and Asian countries increased their imports of Brazilian coffee by 87.7% and 25.3%, respectively. Ferreira said: "The most noteworthy thing is that China's purchase of Brazilian coffee in the first seven months of 2023 will reach 408,046 bags, an increase of 102.7% over the same period last year, becoming the 13th major buyer of this product in Brazil."