Coffee: Sales Decline 60%

In October and November last year, gold grain exports from Nicaragua totaled $13 million, 60% less than what was sold in the same months of 2017.

Wednesday, January 2, 2019

Figures from the Export Processing Center (Cetrex) detail that in the first two months of 2018-2019 harvest, the country sold abroad 103,380 quintals of gold grain, 58% less than the 248,808 quintals exported in the same period of the 2017-2018 harvest.

You may be interested in "Coffee: Export falls 9% up to 1st Semester 2018"

In this regard, Aura Lila Sevilla, president of the National Alliance of Coffee Growers of Nicaragua, explained to Elnuevodiario.com.ni that "... the magnitude of the country's political and social crisis in the coffee sector has not yet been well estimated. A lot is said about tourism and other sectors, but when we finish this season will see the effects on coffee.

Seville added that "... although the fall in exports is because of the fall in the international price of reddish, this problem is in addition to those of the national coffee harvest. This year, because of lack of financing, we did not fertilize; and we are talking now about a very drastic reduction in the harvest, because we have lower yields.

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More on this topic

Nicaragua: Dip in Coffee Sales

September 2018

In the first eight months of the year the country generated $381 million from exports of the grain, 14% less than the $445 million reported in the same period in 2017.

According to figures from the Export Procedures Center (Cetrex), a decrease was also reported in relation to the volume exported for the period from January to August of this year, compared to the first eight months of 2017, in this case a drop of 3%.

Nicaragua: Coffee Sales Down 26%

August 2018

In June, the country exported 34,000 tons of coffee, registering a fall of 25.5% compared to 46,000 tons sold in the same month in 2017.

The price of coffee also recorded a decline, according to figures from the Center for Procedures for Exports (Cetrex), in June this year $150 per hundredweight was paid, representing a decrease of 10% compared to the $167 paid in the sixth month of 2017.

Negative Expectations for Honduran Coffee

June 2018

The sector union foresees that for the 2017-2018 harvest foreign currency generated from sales abroad will fall by 14% with respect to the previous season.

Explained by a drop in the average price per hundredweight of exports, which fell from $145 in the 2016-2017 season to $123 so far in the current harvest, the Honduran Coffee Institute (Ihcafé) envisages a 14% decrease in income from sales abroad.

Coffee in Central America: Exports Recover

March 2018

In the first nine months of 2017, countries in the region exported $2.795 million worth of coffee, 29% more than was sold during the same period in 2016.

Figures from the information system on the the Coffee market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]

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