Trade4go Summary
Brazil's coffee sector has seen a significant revenue growth, with the Gross Value of Production (GVP) reaching R$75.50 billion in 2024, a doubling of the 2015 figures. This increase is attributed to the increased global demand for coffee, advancements in cultivation techniques, and expansion of planting areas. Both Arabica and Robusta coffee varieties contributed to this growth, with Arabica bringing in R$54.55 billion (72.25% of the total) and Robusta adding R$20.94 billion (27.75%). This data is corroborated by the Brazilian Institute of Geography and Statistics and the Secretariat of Agricultural Policy, highlighting the coffee sector's significance to Brazil's economy.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
The Gross Value of Production (GVP) of Brazilian Coffee, which includes the species Coffea arabica (arabica) and Coffea canephora (robusta+conilon), reached R$75.50 billion in the coffee year of 2024. This calculation considered the average of the prices actually received by producers between January and November of this year, covering data from the five geographic regions of the country and 16 producing states. Comparing the current GVP with that of 2015, when coffee production generated R$37.40 billion, there is an increase of over 100% in the sector's revenue in a decade. This growth reflects both the appreciation of coffee and the expansion of areas and cultivation techniques in Brazil, the world's largest producer of the commodity. In 2024, the Coffea arabica species recorded revenue of R$54.55 billion, which corresponds to 72.25% of the national total. This value represents an increase of approximately 80% compared to the R$30.34 billion recorded for this same species in ...