Nicaragua: Coffee Sales Down 26%

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.

Monday, August 6, 2018

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.

Elnuevodiario.com.ni reports that "... Foreign sales of the grain in June 2017 reached US $76.2 million, while in June of this year, it was only US $50.8 million, representing US $25.4 million less."

See "Central America: Price of coffee falls 31%"

Regarding the bad situation befalling the sector, Aura Lila Sevilla, president of the National Alliance of Coffee Growers of Nicaragua (ANCN), said recently that " ... the sociopolitical conflict in the country 'has intensified the situation for coffee farmers. We, in this coffee cycle, have done more than two or three agricultural activities. We weeded at the end of the past harvest, in some cases we applied some preventives for pests, especially to control coffee borer beetle and rust, and some may have applied one to two ounces of fertilizer."

More on this topic

Coffee: Less Supply, Better Prices

January 2019

Because of the low grain prices reported in 2018, it is estimated that there could be a reduction in supply, which would lead to a rebound in prices this year.

On average, the pound price of grain was close to $1.15 during 2018, however, global businessmen forecast that for this year the price could rise to $1.24 per pound.

Coffee: Export falls 9% up to 1st Semester 2018

December 2018

During the first six months of the year, coffee exports from Central American countries totaled $1,948 million, 9% less than what was reported in the same period in 2017.

Figures from the information system on the coffee market in Central America complied by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

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.

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%. "

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