Costa Rica coffee exports fall to 5-yr low
Saturday, 5 August 2023
MEXICO CITY, Aug 4 (Reuters): Costa Rica coffee producers exported 33.3 per cent fewer beans in July than a year earlier, the coffee institute ICAFE said, hit by logistical shipment issues.
The Central American country exported 101,673 60-kg bags in July, a drop from the 152,482 units exported in the same month in 2022.
It marks the lowest export for the monthly period in five years, despite ample volumes.
"Currently we have some 133,000 bushels for sale (equivalent to about 102,000 60-kilo bags); sales are slow," Victor Vargas, head of regional units at ICAFE, told Reuters, without ruling out ongoing issues from ship container shortages.
The coffee season in mostly-arabica growing Central America and Mexico starts in October and ends the following September, leaving two months to go.