Grain exporters are organizing for the end of this year an exploratory mission to Chile to find out about the characteristics of demand and coffee consumption in the South American country.
The main purpose of this visit to Chile is to find out the characteristics of the market and identify possible business opportunities, as explained by representatives of the Guatemalan Association of Exporters (AGEXPORT), the organizer of the mission.
Central American coffee exports were significantly reduced in the first quarter of the current harvest compared to the previous harvest.
Coffee shipments outside of Central American in the first two months of the current harvest decreased significantly compared to the previous crop, affected by the impact of the rust fungus in plantations.
"The National Coffee Association of Guatemala (Anacafé), the regional authority in the coffee category, reported that Honduran coffee shipments fell by 43%, just behind Nicaragua, which suffered the most pronounced reduction with 79.5%.
Four contracts for coffee deliveries for this harvest have been signed between Taiwanese companies and coffee producers from Guatemala.
The deals were made during part of a trade mission comprised of nine Taiwanese companies in the coffee sector, interested in opportunities in the coffee business, and strategic alliances for the purpose of jointly exploring the Asian market.
In Guatemala, the Constitutional Court has accepted an appeal filed by businessmen and suspended the application of Article 61 of the taxreform.
Unanimously and provisionally, the Constitutional Court of Guatemala ordered the suspension of Article 61 of the Tax Reform related to reclassification of operations after considering it "patently unconstitutional."
From October to December 2012, exports from the group of nine Latin American coffee producing countries, with the exception of Brazil, grew by 15.75%.
The National Coffee Association of Guatemala (Anacafe) said in a statement that their exports of quality coffee from Mexico, Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, the Dominican Republic, Colombia and Peru, joined the 6,135,414 60 kilo bags, in the quarter from October to December 2012.
$300 million will be required for pest control alone, and more than $1 billion to renovate the plantations that have been affected.
The figures which have been gathered unofficially indicated that in excess of 1.7 million quintals of coffee have been destroyed by the fungus known as rust in Honduras, Nicaragua and El Salvador.
The president of the Coffee Exporters Association of Honduras (Adecafeh), Omar Acosta says that the loss in Honduras could reach two million quintals, "The Ihcafé says that no damage has been done, butwe do not understand why they are lying. They should have a plan for the country because it is a serious problem, we all know that there is a strong impact from rust and we believe there is a damage of between 25% and 30% of the crop, which amounts to two million quintals. "
CISA Exportadora is a green coffee exporting company based in Nicaragua owned by the Baltodano family who enjoys over 100 years of coffee tradition.
Operates in Nicaragua
Phone: (505) 2270 4414 - (505) 2270 4412
Generates business opportunities by linking supply and demand of goods and services between Central America and the rest of the world.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 225 4786
CECA mills and exports high quality green coffee from every region of Costa Rica, supplying specialty coffee industries of the United States, Canada, Europe and Japan.
Operates in Costa Rica
Phone: (506) 2202 4444 - (506) 2202 4400