Negative Expectations for Honduran Coffee

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.

Tuesday, June 5, 2018

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.

See "Coffee in 2017: $3 billion in exports"

In relation to the sector's performance, the manager of Ihcafé, Adilson Ávila, explained to Latribuna.hn that " ... The 2016-2017 harvest contributed revenues of approximately 1,327 million dollars for the country, but this productive cycle that finishes in September is a different situation."

See also "Crop Monitoring in Central America"
 
Ávila added that " ...'We have already exported 6.2 million hundredweight and compared to the previous year we are in a similar range'."

See Ihcafé's latest report. (In Spanish)

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More on this topic

Honduras: Coffee Sales Still Falling

May 2018

Up until April 30, the export value of the current 2017/18 harvest was $680 million, 13% less than was reported on the same date in the 2016-2017 cycle.

According to figures from the Honduran Coffee Institute, the registered decrease is due to the fact that " ... The average export price per hundredweight to date is $122.74, compared to the average price of 2016-2017 of $145.26, down 16%. "

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"]

Honduran Coffee in Numbers

March 2018

Up until March 5, the volume exported from the current 2017/18 harvest amounted to 3.6 million bags, 17% more than was reported on the same date of the 2016-2017 cycle.

According to figures from the Honduran Coffee Institute (Ihcafe), the value of sales of the grain abroad showed a behavior contrary to the volume exported. "...The value of exports is $446.5 million, showing a decrease of 1% compared to $450.5 million."

Honduras: Coffee Exports Down 12%

December 2017

Up until December 20, sales of the current 2017/18 crop totaled $84 million, 12% less than the amount reported on the same date of the 2016-2017 cycle.

From the IHCAFE Statistical Information Bulletin: 

As of December 20, 2017,  2017-2018 harvest.

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