Global Coffee Report’s Post

COFFEE GLOBAL MARKET WEEKLY UPDATES - Part 2 * #Nespresso to Invest $20 Million in Reviving Coffee Production in the Democratic Republic of Congo * Brazilian Real Weakness: #Arabica coffee prices were undercut by weakness in the Brazilian real, which dropped to a 1-week low against the dollar. The devaluation of the real encourages export selling from Brazil's coffee producers, contributing to the decline in prices. * Increased #Vietnam Exports: Robusta coffee prices retreated after Vietnam's agriculture ministry reported a significant increase in Q1 coffee exports, rising by 44% year-on-year to 799,000 metric tons. This surge in exports from Vietnam, the world's largest producer of #robusta coffee beans, adds pressure on prices. * Supply Concerns: Earlier in the week, coffee prices rose to highs driven by concerns over supply shortages. Vietnam's coffee production is forecasted to drop by 20% due to drought, contributing to tight robusta coffee supplies. Additionally, above-average rain in Brazil eased previous concerns of dryness, further influencing market sentiment. * #Global Coffee Exports: The International Coffee Organization (#ICO) reported an increase in global coffee exports, with January exports rising by 32.3% year-on-year to 12.62 million bags. However, concerns persist over the impact of the El Nino weather event on coffee production in various regions. * #Brazil, the world's largest grower and exporter of coffee beans, is poised to achieve a rare feat: its third consecutive year of increased coffee production. This trend, attributed to post-frost farming techniques and a surge in robusta bean cultivation, marks a significant departure from the traditional arabica biennial cycle. * Production Growth: Brazil's robusta fields have seen a remarkable increase in average yields, growing by approximately 50% over the past decade. In contrast, arabica yields have risen by 24% during the same period. * Production Estimates: Brazil's National Supply Company (#Conab) projects the 2024 crop at 58 million bags, representing a 5% increase from the previous year. Cumulatively, Brazil's coffee production is estimated to reach 164 million bags over the three-year period from 2022 to 2024.\ * Climate Change Threatens Colombian Coffee Production : Coffee production in the Sierra Nevada region has declined by 35% over the past five years, according to the Latin American and Caribbean Fairtrade Network (CLAC).

Coffee is more than just a drink – it’s a global commodity! Did you know that #coffee is one of the most traded agricultural products in the world? #Brazil is the top coffee #exporter, followed by #Vietnam and #Colombia. Get a quick check of Export Genius race chart and find top coffee exporter countries. Read more related topics - Vietnam coffee exports https://bit.ly/4eK04x8 #coffeeexports #globalexports #data #tradeintelligence #exportdata

Ever wondered where your daily cup of Coffee comes from? Coffee isn't just a morning pick-me-up—it’s one of the most traded commodities in the world! 🌱 Brazil takes the crown as the top coffee exporter, followed by Colombia. 🌎 If you're in the coffee business (or thinking of getting in), understanding the global coffee export game is key to staying ahead. 📊 📉 Check out the latest Export Genius Race Cart for a deep dive into coffee export trends, and see which countries are leading the charge. Knowing these trends can help businesses plan better, negotiate smarter, and tap into new markets! 🚀 #CoffeeBusiness #GlobalTrade #CoffeeExports #Brazil #Vietnam #Colombia #Agriculture #ExportTrends #BusinessGrowth #SupplyChain #CoffeeLovers #CoffeeIndustry #ExportGenius #TradeData #InternationalTrade

☕ Did you know? Coffee is the 2nd largest traded commodity in the world! 🌍 Behind only crude oil, coffee fuels the world in more ways than one. Millions of people start their day with a cup of coffee, and for many countries, coffee production is a key driver of economic activity. The global coffee industry supports farmers, roasters, baristas, and countless others across the supply chain. 📈 The coffee trade is crucial to economies like Brazil, Vietnam, and Colombia, where the climate and geography make them some of the biggest producers. It’s not just a beverage—it's a global business impacting everything from agricultural policies to sustainability initiatives. 🌱 As we sip our coffee, let’s appreciate the complex processes and hard work behind that cup! ☕💼 #CoffeeCulture #GlobalTrade #Sustainability #CoffeeEconomy #InternationalBusiness #GlobalMarkets #Agriculture

Have climate-related supply crunches in the cacao sector lead to arabica coffee’s sharp pricing increases recently? Despite Brazil & Columbia’s production climbing steadily, we’re seeing prices sky rocket in the specialty coffee industry. “Brazil’s 2023/24 arabica production will climb by 12.8% year-on-year to 44.9 million bags, due to higher yields and increased planted acreage. In Colombia, the world’s second-largest arabica producer, it will climb up by 7.5%.” ☕️ The increase in price of cacao doesn’t affect coffee production at all, yet we’re still feeling the impact of overall soft commodity sector surges. 📈 This isn’t a matter of supply & demand, it’s a much wider climate based issue, with market speculation across the soft commodity sector increasing prices for suppliers, roasters & consumers alike. 🫂 Do cacao & specialty coffee businesses need to work together to address the climate problem? How do we share agritech innovation across sectors & geographical locations? A more consistent supply chain will surely be mutually beneficial. Time will tell. https://lnkd.in/eKMhc34d

🌍𝐁𝐫𝐞𝐚𝐤𝐢𝐧𝐠 𝐍𝐞𝐰𝐬: 𝐕𝐢𝐞𝐭𝐧𝐚𝐦 𝐫𝐚𝐤𝐞𝐬 𝐢𝐧 $𝟒 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐟𝐫𝐨𝐦 𝐫𝐞𝐜𝐨𝐫𝐝-𝐡𝐢𝐠𝐡 𝐜𝐨𝐟𝐟𝐞𝐞 𝐩𝐫𝐢𝐜𝐞𝐬🔥 Vietnam, the world’s top coffee exporter, has seen coffee prices soar to an all-time high, generating more than $4 billion in revenue. August saw a historic spike in the prices of both Robusta and Arabica coffee on the international market, reaching a 13-year high. The surge was largely due to adverse weather conditions in Brazil and Vietnam, the two leading coffee-producing countries, disrupting global supplies. The trend is expected to continue in September as supplies dry up and demand increases. Vietnam’s coffee output in the 2024-2025 crop year is expected to hit a 13-year low, adding to market stress. Vietnam's average coffee export price in August increased 73.4% year-on-year to $5,293 a tonne. Cre: Agri News --------------------------------- 𝗙𝗿𝗲𝘀𝗵𝗱𝗶 - 𝗚𝗹𝗼𝗯𝗮𝗹 𝗔𝗴𝗿𝗶𝗰𝘂𝗹𝘁𝘂𝗿𝗮𝗹 & 𝗙𝗼𝗼𝗱 𝗕𝟮𝗕 𝗠𝗮𝗿𝗸𝗲𝘁𝗽𝗹𝗮𝗰𝗲, 𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗶𝗻𝗴 𝘀𝘂𝗽𝗽𝗹𝗶𝗲𝗿𝘀 𝗮𝗻𝗱 𝗯𝘂𝘆𝗲𝗿𝘀! Email: [email protected] Website: https://Freshdi.com/ #Freshdi #FruitNews #news

In 2024, Brazil stood out on the global coffee scene, recording a significant increase in exports despite lower production compared to 2023. This growth in exports can be attributed to various factors, including climatic problems in other producing countries, such as Vietnam, which faced a severe drought. Additionally, the growing demand for coffee in China and the devaluation of the real against the dollar made Brazilian coffee more competitive in the international market. The Brazilian domestic market also showed resilience, with a slight increase in coffee consumption. In the first four months of 2024, retail coffee consumption grew by 0.16%, while soluble coffee consumption increased by 1.2% in the first half. These data indicate that despite the increase in exports, domestic consumption remains robust, reflecting the cultural and economic importance of coffee in Brazil. With an estimated production of 54.79 million 60-kg bags, Brazil is expected to have a production surplus in 2024. Projections indicate a global surplus of 1.3 million bags in the 2024/2025 season, and the Brazilian surplus is expected to increase from 1.9 million bags in 2023/2024 to 4.6 million bags in 2024/2025. These numbers show that Brazilian production will be sufficient to meet both domestic and export markets, resulting in a significant surplus. Over the past 20 years, Brazilian coffee farming has made remarkable advances in terms of sustainability and quality. There are still challenges in social and environmental areas that need to be overcome to achieve excellence. Issues such as working conditions and sustainable agricultural practices are areas that require continuous attention and improvement. With emerging trends such as regenerative and low-carbon coffee farming, Brazil is well-positioned to lead the way in responsible agricultural practices. As we continue to innovate and improve our practices, we are not only strengthening our position in the global market but also contributing to a more sustainable future for all. 🌍✨ #Coffee #Exports #Sustainability #Innovation #BrazilianCoffee

𝐕𝐞𝐧𝐞𝐳𝐮𝐞𝐥𝐚 𝐂𝐨𝐟𝐟𝐞𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐀 𝐁𝐫𝐞𝐰𝐢𝐧𝐠 𝐂𝐫𝐢𝐬𝐢𝐬 𝐂𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞 𝐓𝐨 https://lnkd.in/d_yFW5D3   𝐠𝐞𝐭 𝐰𝐞𝐥𝐥-𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 Venezuela Coffee Market size is volume at 1346601.34 bags in 2023. Coffee will encourage a great deal of transformation in Beverage Sector in Venezuela. Venezuela, once the richest country in Latin America and known for its remarkable coffee, is now facing a severe agricultural crisis that has significantly impacted its coffee production. With hyperinflation soaring at an estimated 42,000%, and the bolívar losing 98% of its value, coffee has become a luxury that most Venezuelans can no longer afford. 𝐅𝐨𝐫 𝐚 𝐜𝐨𝐦𝐩𝐥𝐢𝐦𝐞𝐧𝐭𝐚𝐫𝐲 𝐬𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐜𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞: https://lnkd.in/dXKPrBiD  𝐊𝐞𝐲 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬: 𝐀𝐜𝐮𝐭𝐞 𝐒𝐡𝐨𝐫𝐭𝐚𝐠𝐞𝐬: The country struggles with massive shortages of essential agricultural inputs—fungicides, herbicides, fertilizers, and fuel—leading to a decrease in planted coffee area by 10% in 2021. 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐓𝐮𝐫𝐦𝐨𝐢𝐥: As the Maduro regime grapples with a financial crisis, farmers lack access to the necessary capital and resources to sustain coffee production. 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐒𝐡𝐢𝐟𝐭𝐬: With coffee prices reaching approximately $8.00 per kilogram, many Venezuelans are substituting lower-quality alternatives, often blending coffee with corn. Despite these challenges, Venezuelan coffee still holds a unique position in the specialty market, particularly the renowned Maracaibo variety, known for its sweet, rich flavor. However, domestic consumption remains far below historical levels. 𝐖𝐡𝐚𝐭’𝐬 𝐍𝐞𝐱𝐭? To navigate this crisis, stakeholders must focus on revitalizing production and overcoming import challenges. Insights from industry reports, including market dynamics, competitive landscape, and PESTEL analysis, can guide strategic investments in the sector. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐋𝐚𝐭𝐞𝐬𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 2024: The Venezuela Coffee Market is grappling with significant challenges in 2024, primarily driven by severe shortages of agricultural inputs, including fertilizers and machinery, compounded by ongoing economic turmoil and hyperinflation. Production has drastically declined, with farmers unable to afford necessary supplies, leading to a decrease in cultivated land and quality. #Venezuela #CoffeeMarket #Agriculture #EconomicCrisis #SustainableDevelopment #CoffeeLovers #MarketTrends #VenezuelanCoffee #Hyperinflation #CoffeeIndustry #Maracaibo #SpecialtyCoffee #FoodSecurity

Ethiopia Doubles Annual Coffee Production to Over 1 Million Tons in Five Years

Brazil’s coffee sector in 2024 has shown a positive outlook despite some challenges. The country’s coffee production is expected to increase by around 5.5% compared to 2023, reaching approximately 58.08 million 60-kilogram bags. This growth is mainly attributed to better weather conditions and the biennial production cycle of Arabica coffee, which has improved the yield in key states like Minas Gerais and Espírito Santo. Arabica production is projected to rise by 7.3%, while Robusta will see a modest 1.4% increase . However, recent rains have also affected the market by boosting soil moisture levels and improving crop prospects, leading to a drop in global coffee prices. Earlier fears about adverse weather affecting the 2024/25 crop are easing due to improved conditions in Brazil . On the export front, Brazil continues to dominate as a leading coffee exporter, with increasing demand driven by shortages in other coffee-producing nations like Vietnam. The Brazilian coffee industry expects significant revenues this year, reaching up to $10.7 billion, partly due to strong global demand for its Arabica coffee . This year, Brazil has also focused on increasing its exports of specialty coffee, with a 45% surge in the first months of 2024. The country has faced some logistical challenges, such as delays in ports, but it remains a key global supplier . #BrazilCoffee #CoffeeIndustry #CoffeeMarket #SpecialtyCoffee #ArabicaCoffee #RobustaCoffee #SustainableCoffee #CoffeeProduction #Agribusiness #BrazilianExports #CoffeeTrade #GlobalCoffee