The National Federation of Coffee Growers (FNC) recalled that despite the climatic variability that has affected the agricultural sector, During August, grain production increased by 20%, maintaining the growth trend in this area.
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In detail, during August the coffee growers produced a total of 1.04 million 60-kilogram bags of green coffee, compared to 872,000 recorded in the same month in 2023.
According to Germán Bahamón, general manager of the Federation, in the current year, that is, from January to August, Coffee production increased by 17% to 8.02 million bags, compared to 6.84 million produced in the same period last year.
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“With this, the last 12 months have seen a production of 12.53 million bags, an annual number that we have not seen since December 2021.“, says Bahamón.
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Likewise, the union leader added that in August 2024 a year of “constant” recovery will be completed taking the accumulated amount of the moving year, which reflects an agricultural reactivation and therefore a significant contribution to the national economy by irrigating more than $11 billion.
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“The value paid to coffee growers for a 125-kilo load has improved by 35% (year-to-date), which in an annual cycle crop allows for balancing the burden of the poor prices of 2023,” he said.
The increase also occurred in the coffee year 2023/2024 vs. 2022/2023 with a positive variation of 20%, producing 11.6 million bags, compared to 9.7 million bags the previous year.
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Compared to Colombian coffee exports in August, These grew by 25% compared to the same month in 2023a very good month for private exporters and the FNC, which increased by 55%, according to the manager’s estimates.
Despite the challenges imposed by climate variability, Colombian coffee maintains a trend of GROWTH in production.
In the 8 months to 2024, production has grown by +17% and last August the growth was +20%. With… pic.twitter.com/UILQYyJWZw
— German Bahamon Jaramillo (@GermanBahamon) September 4, 2024
Likewise, during the year, Foreign sales of grain reached 7.77 million bags, 17% higher than the same period in 2023. While in the last 12 months the Federation increased its exports by 27% and in the case of total international sales of Colombian coffee in one year, a growth of 13.5% was achieved.
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“Finally, coffee imports in August again showed a significant decrease of 53% compared to the same month in 2023. The cumulative imports for the last 12 months are 1.0 million bags, a mobile cumulative volume that has not been recorded since November 2020.“said German Bahamon.
It is worth noting that according to Dane data, Colombian coffee exports contributed greatly to the positive result of agricultural external sales during July, in addition to being the sector that contributes the most to the country’s agricultural GDP.
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Taking that into account, the manager of the coffee growers stated that The sector will continue to be the protagonist of the economic recovery that the country needs, thanks to the good dynamics that this agricultural sector has been showing.
