Brazil's coffee export delay rate in August was as high as 69%
and nearly 1.9 million bags of coffee failed to leave the port in time.
According to data from the Brazilian Coffee Export Association, Brazil exported a total of 3.774 million bags of coffee (60 kg per bag) in August 2024, but due to ship delays, another 1.861 million bags of coffee were not shipped in time, with a total value of US$477.41 million. In addition, due to the additional storage and detention fees incurred due to the failure to ship in time, it is estimated that coffee exporters will incur costs of 5.364 million reais.
The data also showed that throughout August, 197 of the 287 ships failed to leave the port on time, accounting for 69%, and the longest delay was 29 days. Among them, the delay rate of Santos Port was as high as 86%, the highest level since January last year, and it is likely to maintain a high delay rate in the next few months. The ship delay rate performance of the Port of Santos, Brazil since January 2023:
The delay rate of the Port of Rio de Janeiro is also 66%, which is also the highest delay rate in recent years
The ship delay rate performance of the Port of Rio de Janeiro, Brazil since January 2023:
The Brazilian Coffee Exporters Association said that the continued increase in ship delays reflects port congestion and the lack of sufficient infrastructure in Brazilian ports to meet the growing demand for export container cargo.
This is not good news for coffee roasters, which means that in order to prevent delays in the transportation of coffee beans and the problem of untimely supply, roasters need to stock up a certain amount of goods, which also involves the storage environment and storage packaging of coffee beans.
Finding a reliable packaging bag supplier is a must, which can keep the coffee beans in our warehouse with the best flavor and taste.
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Post time: Sep-27-2024
