Nicaragua: Coffee Exports Increase by 37%

The country received $438 million in foreign sales for the 2010-2011 coffee harvest.

Tuesday, October 25, 2011

The main destinations for Nicaraguan coffee were the United States, Germany and Venezuela, according to data from the Center for Exports (CETREX).

An article in Laprensa.com.ni reports, "The strong recovery in exports was driven by the rise in coffee prices, averaging $225.5 per quintal in the period 2010-2011 compared with $149.8 in the 2009-2010 cycle. "

Globally, the International Coffee Organization (ICO) ended the 2010-2011 harvest reporting a total of 133.6 million bags (just over a quintal each).

The outlook for the next worldwide harvest, 2011 - 2012 , is about 130 million bags.



More on this topic

Nicaragua: Coffee Harvest Exceeds Forecasts

October 2012

A difference of 400 million quintals from the previous projections (1.9 million) and the final export figures (2.3 million) suggest grain smuggling from Honduras.

An article in Prensa.com.ni reports that, according to statistics from the Center for Export Procedures (Cetrex), the 2011-2012 coffee harvest was 2.3 million quintals, well above the 2.09 million of the previous harvest, and 400 million quintals above earlier projections of the harvest, which was of 1.900 million quintals.

Monthly Report on the Coffee Market in April 2012

May 2012

The monthly average composite indicator price in April was $160.46 cents / pound compared to $167.77 in March. The prices were less volatile in April than in March.

Despite the dip, Robusta coffee prices remain firm and the average sales price in the first 4 months of 2012 is still above that recorded in the fourth quarter of 2011.

Guatemalan Coffee: $375 million less than in 2011

March 2012

The downward trend in grain prices continues, and the National Coffee Association has estimated a 20% decline in revenues from grain exports during 2012.

A quintal of coffee traded on Friday at $185 on the Intercontinental Exchange (ICE) in New York, nearly $100 less than the price in October 2011 ($280), causing consternation among coffee farmers in Guatemala, reports Elperiodico.com.gt.

El Salvador: 139.9% Increase in Coffee Exports

October 2011

Coffee exports for the 2010-11 cycle produced revenues of $458.2 million, 139.9% higher than that generated in the previous cycle.

According to preliminary data from the Salvadoran Coffee Council (CSC), 2,260,428 quintals (bags of 46 kilos) of coffee were exported, which is 74% higher than the 1, 299,243 in the last cycle.

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