The ISC reports that only a quintal of coffee valued at $3,939.
Thailand has paid coffee growers more than $3,900 for a quintal of coffee, according to records of the Salvadoran Café Institute (ISC).
El Salvador exportsCoffeemore than 50 countries, the United States with the main destination, which accounts for 48 per cent of the total sent between October 2023 and August 2024. However, the list provided by the ISC stands out that it reports the purchase of a quintal at $3,939.
They also highlight exports toDenmark with an average price of $1,318.8 per quintalafter sending nine quintals, valued at $11,870.
The Czech Republic has imported 20 quintals for $17.177, equivalent to an average price of $858.8, while Cape Verde, in the Africa arch-a-brand, has acquired two-fifths Salvadoran coffee growers valued at $1,467, with an average of $733.5.
According to the ISC, Salvadoran coffee growers have exported471,093 quintals in the 2023-2024 cycle, lower at 22.4 %for the 607,509 exported in the same period of the 2022-2023 harvest.
This means that 136,416 quintals have been exported, in a year marked by a sharp rebound in the aromatic price to its best value in 13 years after surpassing $260 in September. The Cafetalera Association of El Salvador (Acafesal) has explained that this fall is more due to logistical problems that have delayed the offices since leaving the Port of Acajutla.
Coffee exports have left revenue to the Salvadoran economy of $106.7 million, $36.36 million less (25.4 percent) compared to $143.06 million in the same period in the previous harvest.
Premium destinations for Salvadoran coffee
- $3,939 to Thailand for just one quintal
- $1,318.8 average price to Denmark
- $858.8 average price to Czech Republic
- $733.5 sold fifth to Cape Verde
Unusual destinations
On the list of export destinations is also Russia, which has bought the Salvadoran coffee quintal at an average of $334.01. According to the ISC, 58 quintals have been shipped from the 2023-2024 harvest, generating revenues of $19,373.
For the first time,CubaHe bought Salvadoran coffee at an average price of $289.51 after acquiring 191 quintals of the gold grain for $55,297. Cuba is facing a deep socio-economic crisis that has led to a migration exodus while the regime has turned to tourism as a lifeline in the drowning economy.
Qatar has paid $54,060 for the 159-fifths import, at an average of $340. Also noteworthy is Honduras, the fourth largest exporter of grain in the world, which has paid $29,163 for 55 quintals, equivalent to $530.2 per unit.
Saudi Arabia has paid an average of $296.5 per quintal, South Korea at $252.1, Belize at $348.9 and China at $397.9, according to the ISC.
The United States imported 224,344 quintals, for which it paid a little more than $47.59 million, at an average price of $212.16.
With 9 percent of exports, Belgium is the second destination for Salvadoran coffee by registering 40,126 quintals, which left the producers income of $8.76 million. That is, an average of $218.4.
This article has been translated after first appearing in Diario El Mundo