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Coffee sales up 3%

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Brazil

Brazilian coffee saw its share of the word market grow to 32% in 2009, according to the Council of Coffee Exporters (Cecafe).

It exported 30.3 million 60kg bags of coffee last year, an increase of 3% over 2008. However, earnings of US$4.27 billion represented a 10% drop over the previous year.

Calling 2009’s performance "positive," Cecafe director Guilherme Braga said the outlook for 2010 looks "encouraging."

Cecafe estimates that Brazil will export about 30 million bags of coffee in 2010, earning the country between US$4.6 billion to US$4.8 billion. It added that it remained optimistic as figures indicate that the global recession "has not significantly reduced coffee consumption in key markets such as the United States, Japan and Germany."

 

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Quarter 4, 2011


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