Brazilian coffee reaches 40% global market share

Brazil managed to take advantage of its record harvest and reach a global share of 40% of the global market, considering domestic consumption plus exports. The number of countries that bought Brazilian coffee was also high, reaching approximately 130 countries. Despite a good harvest in 2020, this year production figures are expected to fall. According to the National Supply Company (Conab), Brazil should harvest between 44 and 50 million bags.

Source: Portal do Agronegocio