https://en.sputniknews.africa/20250207/global-green-coffee-bean-exports-fell-by-105-in-december-2024-coffee-trade-watchdog-says-1070538869.html
Global Green Coffee Bean Exports Fell by 10.5% in December 2024, Coffee Trade Watchdog Says
Global Green Coffee Bean Exports Fell by 10.5% in December 2024, Coffee Trade Watchdog Says
Sputnik Africa
MOSCOW (Sputnik) - In January 2025, coffee prices significantly rose, driven by several factors: high domestic prices in Brazil, a reduction of 600,000 bags in... 07.02.2025, Sputnik Africa
2025-02-07T09:25+0100
2025-02-07T09:25+0100
2025-02-07T11:06+0100
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Global green coffee bean exports fell by 10.5% year-on-year in December to 9.73 million bags, the International Coffee Organization (ICO), a watchdog for the global coffee trade, said.Green bean exports of the Robustas decreased by 19% to 3.71 million bags, exports of the Other Milds decreased by 12.3% to 1.28 million bags, and supplies of the Brazilian Naturals dropped by 11.3% to 3.34 million bags, the statement read. At the same time, exports of the Colombian Milds rose by 32% to 1.39 million bags, the statement added. According to ICO data, exports from Asia and Oceania in December last year fell by 31.2% year-on-year to 3.31 million bags, and from South America by 2.1% to 5.6 million bags, while supplies from Africa increased by 8% to 1.21 million bags, and from Mexico and Central America by 0.9% to 610,000 bags.
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economy, coffee, trade, export, asia, oceania, south america, brazil, united states (us), north america, latin america, international
Global Green Coffee Bean Exports Fell by 10.5% in December 2024, Coffee Trade Watchdog Says
09:25 07.02.2025 (Updated: 11:06 07.02.2025) MOSCOW (Sputnik) - In January 2025, coffee prices significantly rose, driven by several factors: high domestic prices in Brazil, a reduction of 600,000 bags in Brazil's 2024/25 supply estimate, and economic uncertainty due to potential changes in US trade policies affecting major coffee origins, the International Coffee Organization said.
Global green coffee bean
exports fell by 10.5% year-on-year in December to 9.73 million bags, the International Coffee Organization (ICO), a watchdog for the global coffee trade, said.
"Global green bean exports in December 2024 totaled 9.73 million bags, as compared with 10.87 million bags in the same month of the previous year, down 10.5%. This was the second negative growth in the past 14 months," the organization said in a report.
Green bean exports of the Robustas decreased by 19% to 3.71 million bags, exports of the Other Milds decreased by 12.3% to 1.28 million bags, and supplies of the Brazilian Naturals dropped by 11.3% to 3.34 million bags, the statement read. At the same time, exports of the Colombian Milds rose by 32% to 1.39 million bags, the statement added.
According to ICO data, exports from Asia and Oceania in December last year fell by 31.2% year-on-year to 3.31 million bags, and from South America by 2.1% to 5.6 million bags, while supplies
from Africa increased by 8% to 1.21 million bags, and from Mexico and Central America by 0.9% to 610,000 bags.
