Coffee consumption grows 3.48% in Brazil

Domestic consumption of coffee grew up 3.48% between November 2015 and February this year compared to the same period last year, according to research conducted by the Abic (Brazilian coffee industry Association), which heard 78 companies associated with her. In the period, the national consumption of coffee reached 20.5 million sacks, up 0.86 percent over the previous 12 months.
According to Nathan Herszkowicz, Executive Director of Abic, if the growth continues, demand should reach 21.3 million bags. The Association''s initial forecast was for growth between 2% and 3% for this year. To Herszkowicz, which may explain high is the habit of daily consumption of Brazil. According to Ricardo de Souza Silveira, President of the institution, another factor is the low cost of the product, which is equivalent to less than 2% of the minimum wage.
The survey showed although 44.87% of companies expect to sell more coffee this year and an equal percentage provides for keeping the sales volumes. For Sellers, the reason for this expectation is also the prospect of a good harvest of coffee in Brazil, up from 53 million sacks in 2016/17. "The rain helped. We have noticed sound crops ", concludes.