Initial estimates forecast for the current coffee year, 2024, indicate that the gross revenue of Brazilian coffee plantations is expected to reach a total of R$55.95 billion.

Revenue from coffees of the species Coffea arabica (Arabica coffee) was calculated at R$40.89 billion, which corresponds to 73% of the general total. Coffees of the species Coffea canephora (robusta+conilon) had an estimated turnover of R$15.06 billion, an amount equivalent to 27% of the national total.

As the sector's gross revenue in 2023 was R$49.04 billion, if a comparison is made with the forecast for 2024, the estimate, if confirmed, will represent a significant increase of around 14%. As in 2023 Arabica coffee had a gross revenue of R$37.37 billion, in comparison with the estimate for 2024 it appears that there will be an increase of 9.4%.

And, additionally, in relation to coffees of the C. canephora species, whose revenue was R$ 11.67 billion in 2023, it appears that there will also be a significant increase of 29%, on this same comparative basis.

Expanding this analysis, the general total of the Gross Production Value (VBP) estimated for the current year 2024, which is calculated based on the sum of the revenues from seventeen crops selected for this purpose, reached the amount of R$ 781.39 billion at the national level.

In addition, taking as a reference the total amount of crops, if a ranking of the VBP of the five largest in 2024 is made, it can be seen that soy comes in first place, with R$ 273.29 billion, which is equivalent to 35% of the national revenue; followed by corn, with R$ 128.29 billion (16.4%).

In third place comes sugar cane (R$ 112.98 billion – 14.4%); in fourth place is coffee, with R$55.95 billion, whose gross revenue corresponds to 7.1%; and, finally, cotton with R$31.26 billion, whose revenue was estimated to correspond to 4% of total crops at national level.

In conclusion, based on data from the VBP – February/2024, if a ranking of coffee farming revenues in the five Brazilian geographic regions is also established, it is noted that the Southeast Region occupies first place with R$47.54 billion, which equivalent to 85% of total revenue, followed by the Northeast Region with R$4.04 billion (7.2%).

In third place comes the North Region with revenue estimated at R$3.23 billion (5.7%), in fourth place the South Region with R$705 million (1.2%). And, finally, the Central-West Region, which has gross revenue from coffee farming estimated at R$430 million, an amount that corresponds to less than 1% of the VBP of Cafés do Brasil in 2024.

Source: Canal Rural