BRASILIA: Brazil’s coffee exports witnessed 6.8 percent rise in volume and 53.5 percent in value as compared to the same month in 2014, the Brazilian Coffee Exporters Council, or CeCafe, said.
World coffee prices increased almost 60 percent, on average, between January 2014 and January 2015.
Last month, Brazil exported coffee worth $590 million, the highest price in a month of January in four years, shipping 2.9 million 60-kilo (132-pound) sacks, CeCafe said in its monthly report.
In the 12-month period ending in January, Brazil exported 36.6 million sacks of coffee valued at $6.8 billion, Guilherme Braga, CeCafe’s director, said.
Some 61 percent of Brazilian coffee exports went to Europe; 19 percent went to North America; and 15 percent to Asia, the report said.
Germany was the top buyer, with a 19 percent share of Brazilian coffee exports, followed by the United States, with 17 percent; Italy, with 10 percent; Belgium, with 9 percent; and Japan, with 7 percent.
High-quality Arabica coffee accounted for 79 percent of Brazilian coffee exports, followed by Robusta, with 11.9 percent, and soluble coffee, with 9 percent.
