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USDA Attache: Ecuador’s 2022-2023 Coffee Crop Seen Up 36% at 354,000 Bags

By: CommodityNetwork Team - USA, CommodityNetwork USA

 

USDA Attache: Ecuador’s 2022-2023 Coffee Crop Seen Up 36% at 354,000 Bags gs 
 
Alexis Rubinstein
Managing Editor 

CoffeeNetwork (New York) – According to the latest USDA attache report, Ecuador’s production for marketing year (MY) 2022/23 (April to March) is forecast at 354,000 60-kg bags of Green Bean Equivalent (GBE) basis, an increase of 36 percent over the MY 2021/2022 estimate of 261,000 60-kg bags. This forecast is based on an additional 5,000 hectares expected to be harvested, and improved pruning and fertilization practices that have increased yields. Despite an average of 20–22 percent increase in national production, especially Arabica coffee, the overall planted area remains similar to previous years at roughly 60,000 hectares. Prices obtained by Robusta producers increased compared with last year, which stopped the downward trend. Prices for Arabica increased to an average of $126.00 per 60-kg bag. Specialty coffees can often receive nearly double that price at $220 per 60-kg bag.

A continued effort by the Ecuadorian government to improve profitability of the supply chain has succeeded in some areas where producers who sell “fresh cherry” beans have been able to receive prices twice that of historical prices ($110 per 60-kg bag).

Consumption in Ecuador for MY 2022/23 is forecast at 328,000 GBE bags. Ecuador’s consumption since 2018 was growing at a 12 to 15 percent yearly rate, which retracted by 5 percent during MY 2020/21. The increase of per capita consumption increased from 0.80 Kg per person to 1.05 Kg according to ANECAFE information. The forecast for soluble coffee imports for MY 2022/23 was increased to 110,000 60-kg bags by FAS Quito. Ecuadorians increased their consumption of soluble coffee and have increased ground coffee consumption as well.

Ecuadorian coffee exports for MY 2022/23 are forecast at 527,000 GBE bags, an increase of 19 percent from previous year. MY 2021/22 exports are revised up to 500,000 bags based on local industry and Ministry of Agriculture and Livestock (MAG) figures. Based on information provided by the Ecuadorian Coffee Producers and Exporters Association “ANECAFE”, between MY 2020/21 and MY 2021/22 Ecuador exported an additional 80,000 60-kg bags, which contained 10,000 60-kg bags of C. Arabica, 20,000 60-kg bags of Robusta and 50,000 60-kg bags of industrialized coffee.

The forecast for coffee bean imports during MY 2022/23 remains at 330,000 bags, similar to MY 2021/22. This is primarily caused by Ecuador’s loss of competitiveness in the region, increases in transport costs, lack of availability of vessels, and an expected increase in local production.

 

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