Below are the world exports of ICO in the month of August and between September and August.
From September 2019 to August 2020, world exports were 126,847,357 bags, and from September 2020 to August 2021, 129,550,249 bags.
Consequently, if there are exports, there are imports, noting that in the last 12 months there was a world growth in the order of 2.13%, a total of 2.7 million bags.
If Brazil is isolated, exports decreased by 1.34% for a total of 1.15 million bags less.
Brazil was the great exporter of coffee, increasing from 40,268,211 to 44,127,430, with an increase of 9.58%, an increase of 3.85 million bags.
Based on analysts' projections, Brazilian exports for the 2021/22 season should decrease by approximately 14 to 17 million bags, depending on the estimated production for 2021/22, including carryover stocks from the 2020/21 harvest.
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