Trade4go Summary
Honduras' coffee exports for the 2024/25 season are projected to increase by 14.5% to 5.37 million 60-kg bags, due to better production, despite concerns over an EU regulation aimed at preventing deforestation. This regulation could potentially ban coffee beans imported from areas linked to deforestation, which could affect Honduras' coffee exports, as Europe accounts for about 55% of its exports. Honduran coffee producers are seeking an extension of the deadline or a more flexible solution to comply with the EU regulation, while also requesting documentation to meet the requirements.
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Original content
TEGUCIGALPA, Oct 1 (Reuters) - Honduras’ coffee exports in the 2024/25 season are expected to rise 14.5% from the previous period to 5.37 million 60-kg bags, industry leaders said on Tuesday, despite concerns that shipments could be hit by an EU regulation that comes into effect later this year. Central America’s biggest exporter of the bean is seeing its exports boosted by better production this year as the harvest for the new season begins, said Pedro Mendoza, head of Honduras’ coffee organization IHCAFE. “The farms are better, the farmers have taken better care of them this year,” Mendoza said in an interview. He warned, however, of a European Union requirement that imported beans come from areas not linked to deforestation. The rule would ban sales of coffee — as well as cocoa, soy, palm oil, timber, rubber and cattle — if companies could not prove that the product comes from an area where forests have not been cut down in recent years. Mendoza said most of Honduras’ coffee ...